The price of NotCoin (NOT) has been stabilizing within a defined range over the past few days, and investors are optimistic about the future of this cryptocurrency. The Chaikin Money Flow (CMF) indicator shows sustained capital inflow and a balance of buying and selling pressure. Additionally, open interest remains at $171 million, indicating investor confidence.
NotCoin has been consolidating between $0.015 and $0.017, and despite multiple attempts to break through the resistance line, it has yet to succeed. However, investor support for this cryptocurrency remains strong. If this support continues, NotCoin could rise above the $0.017 resistance line.
However, if the price fails to break the resistance line, the bullish scenario will be invalidated. Nevertheless, the existing positive signs reduce the likelihood of the price falling below the $0.015 support line.
🐦⬛🤑 **NOTCOIN Signal**
Resistance at $0.016 has repeatedly blocked NotCoin's upward movement, while $0.013 can serve as significant support for NotCoin. The target of $0.025 is attainable if $0.016 is broken with momentum and then stabilized.
📈 **Support: $0.013**
1️⃣ **First Target: $0.016**
2️⃣ **Second Target: $0.025****
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.