$NOT Price Prediction: NOT Tops Losers With 11% Plunge - Inside Bitcoins Analytics

Irma - Sep 5 - - Dev Community

Notcoin has dropped 11% in the last 24 hours, trading at $0.008782 with a 12% increase in trading volume to $154 million, making it the biggest loser among the top 100 cryptocurrencies by market cap. The price remains within a bearish channel, reflecting a clear downtrend with consistent lower highs and lows, with support between $0.00700 and $0.00750.

Technical indicators confirm the bearish sentiment, as the price trades below the 50-period and 200-period SMAs. The MACD shows weakening bearish momentum, and the RSI at 33.54 is approaching oversold territory, suggesting potential for buyer interest.

A rebound is possible if the support zone holds, potentially pushing the price toward the 50 SMA around $0.01153 and a resistance level near $0.01500. However, a break below $0.00700 could signal a continued downtrend.

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