Notcoin Price Analysis: NOT Set For A Trend Continuation Over The Symmetrical Triangle

The Notcoin price surged 56% in the past week, despite a 3% tumble in the last 24 hours, to trade at $0.01543 as of 04:02 a.m. EST on trading volume

The Notcoin (NOT) price encountered some resistance at $0.017 in the past week, as the token's price slid 3% in 24 hours to trade at $0.01543 as of 4:02 a.m. EST, with a surging 8% in 24-hour trading volume to reach $404 million.

This comes as the new Notcoin Telegram Gaming Accelerator kicks off, with a massive $50 million funding that backs the partnership with Helika Accelerate.

Game devs, let's build something truly amazing.(Not) Contest is coming. 4knpE3P8pU

— Notcoin Ø (@thenotcoin) July 3, 2024

The partnership will see Helika and Notcoin help game studios, mobile apps, and indie developers build great gaming experiences on the Telegram platform and TON blockchain.

Notcoin Price Set For A Trend Continuation Over The Symmetrical Triangle

The Notcoin price has been on an upward trend in the last week, surging through a markup phase before encountering some resistance around $0.017, data from GeckoTerminal shows. Notcoin’s price has since been moving within the symmetrical triangle pattern, as the bulls aim for a breakout above to continue with the recent price uptrend.

NOT trades above the 200-day Simple Moving Average (SMA), confirming the sustained bullish rally in the coming days. A bullish rally at this level could surpass the 50-day SMA at $0.01572, which acts as the immediate resistance level.

Moreover, the Relative Strength Index (RSI) is trading up as it closes in on the 50-midline level, which shows that investors are currently buying.

The Moving Average Convergence Divergence is moving up as the price moves up from the $0.0147 support, which is an indication that the price of Notcoin could be gearing up for a rally over the triangle.

Notcoin Price Prediction

The Notcoin price analysis on the 1-hour chart shows a bullish bias, as the bulls aim to continue with the token’s uptrend over the symmetrical triangle, as investors currently target $0.01923.

Conversely, if the bears take control of the price at this level, the price of Notcoin may drop to $0.0140, which acts as a cushion against downward pressure.

As the Notcoin price bulls look for more buying signals, some investors are pivoting to a new Shiba Inu alternative called Shiba Shootout (SHIBASHOOT), which has already raised over $631K in its presale.

Shiba Shootout Presale Hurtles Towards $1 Million

Shiba Shootout draws its inspiration from the legendary meme coin titan Shiba Inu and takes its token holders on a journey into the crypto Wild West.

Saddle up! #ShibaShootout is more than a #memecoin it's a Wild West crypto adventure! ?? Join Marshal Shiba & the Sharpshooters in Shiba Gulch for fun and excitement. ?? pic.twitter.com/a3BFVx7u42

— shibashootout (@shibashootout) July 1, 2024

The P2E game takes players on a captivating adventure filled with creativity, strategic gameplay, and the allure of a cowboy’s showdown.

The game is built around the town of Shiba Gulch, a bustling digital settlement that is a favorite with Shiba lovers who come together to challenge each other in high stakes showdowns.

Master #Crypto strategy with #Shiba cowboys in thrilling duels for big rewards! ? Join the adventure! Sign up now to get your free $SHIBASHOOT tokens! Jump in the fun! ? jCeu7XMBqR pic.twitter.com/YjlGaaluBT

— shibashootout (@shibashootout) June 28, 2024

Token holders can also easily earn passively through the platform’s staking mechanism, which offers an annual return of 1,630%.

According to the crypto channel 99Bitcoins, with more than 705k subscribers, investors who buy $SHIBASHOOT can earn “insane rewards.“

If you are interested in participating in the presale, you can buy the token for $0.0195. But hurry as the price will increase in less than two days.

You can buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.