Notcoin Soars 87% in Days: What’s Next for NOT? Price Prediction

cryptonews.com:

Notcoin has dropped by 0.5% in the past 24 hours, yet its move to $0.01606 still marks an impressive 87% gain since touching a seven-day low on Friday.

NOT is now up by 21% in a week, and while it’s down by 13% in the last 30 days, it boasts a 250% increase since May, when it was listed.

This gives it plenty of short- and medium-term momentum, with the coin’s indicators suggesting that it may continue to rally over the next few days.

And with the market looking ready to rebound after a difficult couple of weeks, NOT may end up being one of the best performers.

NOT’s chart is in an interesting position, yet even though it has fallen a little since the start of the week, it looks like it could bounce up again very soon.

After dropping to 45 this morning, its relative strength index (purple) has bounced back up again a little, in a sign that buyers may be about to return to the coin.

Source: TradingViewThe alt’s trading volume is also encouragingly high, at $700 million today, as opposed to $300 million a few days ago.

Again, this signals returning interest from buyers, who have clearly been taking advantage of NOT’s reduced price this week and month.

Its market had calmed a little after enjoy a great launch in May, which culminated in NOT reaching its current ATH of $0.02836 on June 2.

Top 10 Tokens Launched in Q2 2024 by Market Cap@thenotcoin $1.42B@ethena_labs $762M@zksync $651M@wormhole $649M@safe $598M@TheDogOfBitcoin $582M@LayerZero_Labs $436M@Blast_L2 $361M@ionet $281M@AethirCloud $264M pic.twitter.com/Cp2Nfyu87J

— CryptoRank.io (@CryptoRank_io) July 2, 2024

Its ascent has actually made it the best-performing launch of the second quarter, outperforming the likes of Ethena (ENA), zkSync (ZK) and Wormhole (W).

And given that it