Notcoin is Trading -22.42% Below Our Price Prediction for Oct 23, 2024

| CoinCodex

Notcoin is Trading -22.42% Below Our Price Prediction for Oct 23, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Notcoin is up 3.32% today against the US Dollar
  • NOT/ETH increased by 2.15% today
  • Notcoin is currently trading 22.42% below our prediction on Oct 23, 2024
  • Notcoin gained 11.53% in the last month and is down -16.98% since 1 year ago
Notcoin price$ 0.008119
Notcoin prediction $ 0.010465 (30.31%)
Sentiment Bearish
Fear & Greed index 73 (Greed)
Key support levels$ 0.007529, $ 0.007262, $ 0.006863
Key resistance levels$ 0.008195, $ 0.008594, $ 0.008861

NOT price is expected to rise by 30.31% in the next 5 days according to our Notcoin price prediction

is trading at $ 0.008119 after gaining 3.32% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.18% in the same time period. NOT performed well against BTC today and recorded a 1.31% gain against the world’s largest cryptocurrency.

According to our Notcoin price prediction, NOT is expected to reach a price of $ 0.010465 by Oct 23, 2024. This would represent a 30.31% price increase for NOT in the next 5 days.

NOT Price Prediction Chart

Buy/Sell Notcoin

What has been going on with Notcoin in the last 30 days

Notcoin has been displaying a positive trend recently, as the coin gained 11.53% in the last 30-days. The medium-term trend for Notcoin has been bearish, with NOT dropping by -49.94% in the last 3 months. The long-term picture for Notcoin has been negative, as NOT is currently displaying a -16.98% 1-year price change. On this day last year, NOT was trading at $ 0.009779.

Notcoin reached its all-time high price on Jun 02, 2024, when the price of NOT peaked at $ 0.029045. The current NOT cycle high is $ 0.010601, while the cycle low is at $ 0.006923. NOT has been displaying low volatility recently – the 1-month volatility of the coin is at 7.68. Notcoin recorded 15 green days in the last 30 days.

Notcoin technical analysis for today – Oct 18, 2024

The sentiment in the Notcoin markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.007529, $ 0.007262 and $ 0.006863, while $ 0.008195, $ 0.008594 and $ 0.008861 are the key resistance levels.

Bearish sentiment for Notcoin

4 indicators are currently signaling a bullish prediction for Notcoin, while 13 indicators are showing a bearish forecast. With 76% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Notcoin.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 73 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Notcoin moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Notcoin is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.009118 (SELL)$ 0.008051 (BUY)
MA5$ 0.008796 (SELL)$ 0.008316 (SELL)
MA10$ 0.008348 (SELL)$ 0.009040 (SELL)
MA21$ 0.008345 (SELL)$ 0.010167 (SELL)
MA50$ 0.008092 (BUY)$ 0.011826 (SELL)
MA100
MA200
PeriodValueAction
RSI (14)45.53NEUTRAL
Stoch RSI (14)85.45SELL
Stochastic Fast (14)52.62NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)18.27NEUTRAL
Awesome Oscillator (5, 34)0.00NEUTRAL
Momentum (10)0.00NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-47.38NEUTRAL
Ultimate Oscillator (7, 14, 28)50.42NEUTRAL
VWMA (10)0.01BUY
Hull Moving Average (9)0.01SELL
Ichimoku Cloud B/L (9, 26, 52, 26)0.01NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Notcoin is at 45.53, suggesting that NOT is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Notcoin over the last 50 days. Currently, Notcoin is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the NOT closing price for the last 200 days. NOT is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Notcoin prediction

After considering the above factors, we can conclude that the current forecast for Notcoin price prediction is Bearish. NOT would have to increase by 30.31% to hit our $ 0.010465 target within the next five days. Moving forward, it will be important to monitor the NOT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Notcoin price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/49983/notcoin-prediction-october-18-2024/