Notcoin Price Analysis: NOT Aims For A Continued Upward Trend

The Notcoin price rose by a fraction of a percentage in the last 24 hours and 7% in a week to trade at $0.01089

The price of notcoin (not) rose marginally over the last 24 hours to $0.01089.

The GameFi token price rose 7% in a week and last traded with a 24-hour volume of $207 million, which showed a surge of 24%.

Notcoin Price Analysis: Key Technical Levels

The price of notcoin (not) dropped from the $0.016 resistance to the $0.0085 support over the last two weeks, as shown by the four-hour chart.

The bulls pushed the token back up through a markup phase from the lower support, leading to a rally toward the $0.01248 resistance.

However, the price of NOT hovered below the resistance but above the $0.01071 support zone as the price moved in a sideways pattern.

The price of notcoin (not) trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as the bulls struggle to maintain the price above the $0.01125 (50-day SMA).

Moreover, the Relative Strength Index (RSI) shows signs of rebound around the current level at 43.

If the buying intensifies at this level, the price of notcoin (not) could rebound from within the support zone to soar over the upper boundary of the sideways pattern.

The bulls are currently targeting prices above the $0.01476 resistance.

However, if the bears take control and breach the current support, NOT could plunge back to the $0.090, which acts as a cushion against downward pressure.

Meanwhile, another play-to-earn (P2E) token, PlayDoge (PLAY), is catching the attention of investors, having raised over $6 million in its presale.

According to 99Bitcoins, a prominent YouTube channel with over 706K subscribers, PLAY has the potential to surge 10X after its launch.

PlayDoge Meme Coin Raises Over $6 Million – Best Meme Coin To Buy Now?

As a Dogecoin derivative, $PLAY is a meme coin centered on the Shiba Inu dog breed, but similarities end there.

PlayDoge is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet, which allows users to earn $PLAY tokens.

Which #Memecoin should be next? pic.twitter.com/tnbSFJp9P6

— PlayDoge (@PlayDogeGame) August 11, 2024

The project mixes the ‘90s nostalgia with modern blockchain tech, which then allows users to care for an 8-bit pixel Doge into a retro-style mobile game.

Players get to feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens in the process.

Apart from earning through P2E, token holders can also earn passively by staking $PLAY for an impressive 77% annual percentage yield (APY).

You can buy $PLAY tokens for $0.00528 each. With a price hike coming in less than 6 hours, don’t wait around too long if you want to lock in the best deal.

To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.

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