Notcoin (NOT) Price Resumes Bullish Momentum Towards Month End
- Notcoin price has shown a 5.27% increase in the last 24 hours.
- The altcoins daily trading volume surged by 119.92% as per CMC data.
The crypto bull market emerged from its shadows after nearly two months of bearish movements. Following the release of prominent community member and Binance founder, Chengpang Zhao, Bitcoin hit $66K momentarily during the day. Subsequently, other cryptocurrencies, influenced by its upward turn, began showing price increases.
Notably, community-driven altcoin, Notcoin has shown significant growth in the last 24 hours. The token witnessed a 4.07% increase in price after its recent bullish movements over the past few days. In the Asian afternoon hours of September 27, Notcoin traded at $0.008878. Following this, the altcoin surpassed resistance at $0.009 to trade at higher levels. At the time of writing, NOT was trading at $0.009360 as per CMC data.
Zooming out, in the past week the token shows a significant surge of 24.51%. At the beginning of the week NOT traded at $0.007 support levels after a bearish turn during September. However, as the bulls took over prices began rising and reached current trading levels.
Notcoin, as aforementioned, is a community-driven token that is part of the Ton ecosystem. Notcoins token distribution was one of the key milestones in the TON ecosystem. It was launched in January 2024 and is a token of the prominent Telegram-based cryptocurrency games.
Notcoin (NOT) Price Monthly Overview
On inferring its price charts, Notcoin has recorded a 3.94% price increase in the past month. This results from the tokens price recovery and upward movement in the last few days. Meanwhile, NOTs year-to-date performance stands at 1087.55% showing a consistent upward movement despite the brief price dips.
Additionally, the tokens short-term 9-day MA crossed over the long-term 21-day MA recently suggesting the current bullish trend. This upward movement has caused the token to lean towards a buying market sentiment with the RSI standing at 59.65. However, the token has also exhibited increased volatility as per TradingView data.
Meanwhile, leading altcoin, Ethereum has struggled to surpass its resistance at the $2.7K level despite the bullish turns in the crypto market over the past few days.
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Read more: https://thenewscrypto.com/notcoin-not-price-resumes-bullish-momentum-towards-month-end/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
