Notcoin Price Prediction: A Golden Opportunity or a Gamble?

• $NOT, a popular Telegram-based altcoin, has experienced significant price fluctuations over the past day.

• The $NOT price has been in a bearish trend since reaching its highest levels but remains in a decisive phase.

• #Notcoin price indicates that after a notable surge, the price hit a weekly high of $0.018 on 20th July before declining steeply.

• Today, after six consecutive red candles, #Notcoin is forming a green candle.

• The price is approaching the apex of the Triangle pattern, suggesting a potential for significant price action.

• However, the Notcoin price is expected to trade within a range-bound pattern for several days.

• According to Coingabbar analysis, If bulls breach the $0.01600 level and the upper boundary of the triangle pattern, a fresh upswing towards $0.020 can be expected.

• If bears breach the lower boundary of the pattern, panic selling could drive the price down to $0.00900 levels.

KEY LEVELS :

RESISTANCE LEVEL : $0.017000-$0.022000

SUPPORT LEVEL : $0.011500-$0.009000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.