Notcoin (NOT) has experienced a significant price surge of 30%, moving from $0.0073 to $0.0094. As the altcoin gears up for an extended rally, many investors currently facing losses may soon break even or start making gains.
According to recent findings, Notcoin's price increase can be attributed to improved network activity. The number of active addresses on the blockchain rose by 35% within just a week, signaling increased user engagement. Additionally, there was a 90% jump in zero-balance addresses, indicating a strong traction and adoption for Notcoin.
If this momentum continues, analysts believe that Notcoin's price could repeat a 30% increase, potentially reaching $0.012. The Global In/Out of Money (GIOM) metric indicates that this surge could push approximately 23,848 addresses holding over 62 billion tokens into profit territory.
Notcoin's price recently approached $0.011 before retracting to $0.0094. Technical indicators such as the Parabolic Stop And Reverse (SAR) suggest that the current bullish trend may persist. The Moving Average Convergence Divergence (MACD) also shows positive momentum, reinforcing the potential for further price increases.
Utilizing Fibonacci levels, predictions indicate that Notcoin's price could rise by another 30% in the coming weeks. Conversely, should the market experience a downturn, the price could fall to $0.0082.
