Notcoin (NOT) experienced a notable 62% rally over the weekend, recovering from a sharp 40% price drop the previous week.
Notcoin (NOT) Surges 62% as Market Dynamics Fuel Price Movement
After experiencing a sharp 40% price drop last week, Notcoin (NOT) surprised traders with a 62% rally over the weekend. This surge brought NOT’s price back above its value on July 1st.
A 6-hour chart analysis of Notcoin reveals a crucial trendline breakout, indicating bullish developments despite earlier bearish sentiment. Fibonacci retracement levels at 50%, 61.8%, and 78.6% have acted as strong support. Defense of these levels, coupled with increasing trading volume, has broken the prior bearish market structure and trendline resistance.
Bollinger Bands are expanding, indicating rising market volatility, while the RSI crossed above the neutral 50 mark, continuing the bullish trend. With favorable market trends for Bitcoin (BTC), Notcoin’s price is expected to move towards the $0.03 mark.
However, despite the bullish price action and higher volume, the spot CVD indicator has remained relatively flat since its decline in June. This stagnation indicates continued selling pressure, suggesting that bulls may encounter challenges in fully reversing the trend.
The surge in Open Interest showcases bullish sentiment among futures traders in the short term. However, the funding rate, which is hovering around zero, indicates mixed convictions among speculators. While there is enthusiasm for long positions in the short term, overall confidence is evident, suggesting a need for cautious optimism.
The above is the detailed content of Notcoin (NOT) Shows Strong Rebound Amid Market Dynamics. For more information, please follow other related articles on the PHP Chinese website!

As of press time, Pi is trading at $0.6711 after its integration with Chainlink on April 12th. The announcement caused a surge in the price of Pi

An analyst on X, Frigg, highlights multiple reasons to be optimistic about SUI Network price trajectory.

Following today's data released by IntoTheBlock, sentiment around Bitcoin appears heightening towards bullishness.

nt Labs and the Movement Network Foundation Launch Independent Investigation into MOVE Token Market-Making Irregularities
![A wave of capital is flowing out of Ethereum [ETH] and into Tron [TRX]](https://img.php.cn/upload/article/001/246/273/174477326297054.jpg?x-oss-process=image/resize,p_40)
With $1.52 billion in stablecoins migrating to Tron, investors appear to be favoring lower-cost chains and diversifying beyond traditional USD-backed assets.

Mantra CEO John Patrick Mullin has proposed burning his allocation of OM tokens in a move aimed at restoring investor confidence after the protocol's native token suffered a sharp collapse.

Technical Setup for Bonk Price Recovery According to prominent crypto analyst Altcoin Sherpa, Bonk is showing signs of a potential rebound.

Securitize, one of the largest tokenized asset issuers, said on Tuesday it has acquired MG Stover's fund administration business

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

Zend Studio 13.0.1
Powerful PHP integrated development environment

SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

Dreamweaver CS6
Visual web development tools

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment