Join Our Telegram channel to stay up to date on breaking news coverage
The Notcoin price has surged 18% in the past week and 8.5% in the last 24 hours to trade at $0.008831 as of 3.25 a.m. EST on a 131% pump in trading volume to $1.09 billion.
Notcoin Price Rebounds Within The Bullish Channel
The NOT/USD trading pair is showing bullish momentum, trading at $0.008813 within a well-defined bullish channel. The price recently tested the channel’s support zone near $0.008500 and has started to rebound, suggesting potential upward movement. The target price is marked around $0.01000, indicating a bullish trajectory.
The 50-day moving average (SMA) at $0.00839566 and the 200-day MA at $0.00755162 confirm the bullish trend, with the price trading well above both. This indicates that both short- and long-term trends remain positive.
NOTUSD Analysis Source: Dextools.io
The MACD line is slightly above the signal line, and the histogram bars shift from bearish to bullish, signalling a potential continuation of the upward trend.
Meanwhile, the Relative Strength Index (RSI) at 52.14 is in the neutral zone, indicating that the Notcoin price is neither overbought nor oversold, leaving room for further price gains.
The support zone lies near 0.008500, aligning with the channel’s lower boundary. Resistance levels to watch include $0.009500 as an intermediate target and $0.01000 as the next significant level.
A break above these resistance levels could open the door for further bullish momentum.
This setup presents an opportunity for traders to enter long positions near the current price or on dips to the support zone.
To manage risk, a stop-loss should be placed below the channel’s lower boundary at $0.008400, while take-profit targets can be set at $0.009500 and $0.01000.
However, a break below the support zone could invalidate this bullish outlook.
Catslap Skyrockets 3,927% In 4 Days
As the Notcoin price stabilizes, investors are flocking to Catslap (SLAP), a new cat-themed cryptocurrency that combines meme culture with interactive gameplay.
Since its launch on Thursday, November 21, Catslap Token has skyrocketed by an astounding 3,927%, propelling its market cap to $49 million.
Crypto analyst and Youtuber ClayBro, with over 131k subscribers, believes Catslap has the potential to become the next big thing in the meme coin space, projecting a possible 50X surge.
A big part of Catslap’s appeal is its “Slapometer,” a clicker game where players compete to log slaps. This feature has gone viral, with over 6.3 million slaps recorded so far.
The Catslap Token is gaining trust as a reliable project, earning a 99/99 score on DexTools. Some $3 million in liquidity is locked for 60 days, eliminating the risk of a rug pull.
In addition, a trusted smart contract audit has been completed, boosting confidence among investors.
Join Our Telegram channel to stay up to date on breaking news coverage