Notcoin (NOT) Price Prediction: Will NOT rally reach $0.02 this week?

The market sentiments have changed to a large extent and are expected to remain volatile in the coming days. Now that the bulls are reclaiming their dominance, the NOT price is expected to initiate a 25% upswing to reach the higher targets.

Crypto Markets Clock Green! Bitcoin Price Surges Above $57,000; Altcoins Set to Materialize a Strong Rebound

As the crypto markets continue to recover from the recent sell-off, Notcoin (NOT) has emerged as one of the top performers, notching a strong recovery after marking the bottoms below $0.01 during the recent downturn.

The bulls have taken over the rally and hence the price is believed to reach the next interim resistance which may confirm a rise above the bearish influence.

Bitcoin price surged above $57,000 as the crypto markets are gearing up to materialize a strong rebound! In the meantime, a popular altcoin has secured crucial resistance. However, a daily close above these levels is expected to push the NOT price towards higher targets in the coming days.

Will NOT Price Rally Reach $0.02 This Week?

The market sentiments have changed to a large extent and are expected to remain volatile in the coming days. Now that the bulls are reclaiming their dominance, the NOT price is expected to initiate a 25% upswing to reach the higher targets. The token dropped by nearly 30% since the start of the month and fulfilled the bearish pressure. Now that the price has initiated a strong rebound, a rise above $0.02 appears to be imminent.

Ever since the price marked the highs close to $0.03, the bears have held a strong influence over the rally. This compelled the token to remain consolidated within a descending triangle until the recent weekend which compelled the price to pierce down from the lower support zone. After a minor correction, the NOT price has reclaimed the support-turned-resistance zone which may pave the way for a fresh bullish price action as it has been happening since the start of the day.

The MACD remains bullish while the OBV or on-balance volume, rises above the vertical consolidation. This suggests the bulls are reclaiming their dominance, and after achieving 0.5 FIB at $0.013, the next target could be around 0.718 above $0.02. However, to validate this move, the Notcoin price is required to close above the 0.618 FIB at $0.01677, which could validate a fresh bullish upswing towards the higher targets.🎜

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