Notcoin May Break Out Of A Correction Phase
Notcoin May Break Out Of A Correction Phase
Notcoin, which began as a popular Telegram game, has successfully introduced numerous users to web3 via a simple tap-to-earn mining feature.
As a community-driven token, NOT rewards users for contributing to the ecosystem and exploring a variety of web3 offerings. It has a live market capitalization of $1.62 Billion and ranks 51st in among all the cryptocurrencies.
The daily chart highlights the formation of a declining channel pattern with the price hovering close to the upper boundary at the moment. On the higher side, a breakout above $0.017 may mark the end of a correction phase and the price may show gains towards the $0.023 level.
At the time of writing, the RSI line has surpassed the mean line indicating a positive shift in the trend. The RSI was placed close to 54.3 points and the 14 day SMA line was placed close to 46.5 points.
Notcoin, which began as a popular Telegram game, has successfully introduced numerous users to web3 via a simple tap-to-earn mining feature.
As a community-driven token, NOT rewards users for contributing to the ecosystem and exploring a variety of web3 offerings. It has a live market capitalization of $1.62 Billion and ranks 51st in among all the cryptocurrencies.
The daily chart highlights the formation of a declining channel pattern with the price hovering close to the upper boundary at the moment. On the higher side, a breakout above $0.017 may mark the end of a correction phase and the price may show gains towards the $0.023 level.
At the time of writing, the RSI line has surpassed the mean line indicating a positive shift in the trend. The RSI was placed close to 54.3 points and the 14 day SMA line was placed close to 46.5 points.
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