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Notcoin price has surged 18% over the past week and 8.5% over the past 24 hours to trade at $0.008831 as of 3:25 AM ET, up 131% on volume of $1.09 billion.
Notcoin Price Rebounds Within 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 area near $0.008500 and is starting to bounce, suggesting a potential upward move. The target price is listed at 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 well above both. This indicates that both short-term and long-term trends are positive.
NOTUSD Analysis Source: Dextools.io
The MACD line is slightly above the signal line and the histogram bars are moving from bearish to bullish, indicating that the uptrend is likely to continue.
Meanwhile, the relative strength index (RSI) of 52.14 is in the neutral zone, indicating that Notcoin price is neither overbought nor oversold and there is room for further price appreciation.
The support area is near 0.008500 and coincides with the lower boundary of the channel. Resistance levels to watch include $0.009500 as an intermediate target and $0.01000 as the next important level.
A break above these resistance levels could open the door to further bullish momentum.
This setup gives traders the opportunity to enter a long position near the current price or when support falls.
To manage risk, Stop Loss should be set below the channel lower limit at $0.008400, while Take Profit targets can be set at $0.009500 and $0.01000.
However, a break below the support area could invalidate this bullish outlook.
Catslap soared 3,927% in 4 days.
As Notcoin prices stabilize, investors are flocking to Catslap (SLAP), a new cat-themed cryptocurrency that combines meme culture and interactive gameplay.
The Catslap token has soared a whopping 3,927% since its launch on Thursday, November 21, reaching a market capitalization of $49 million.
Crypto analyst and Youtuber ClayBro, who has over 131,000 subscribers, believes Catslap has the potential to be the next big thing in the meme coin space, predicting a potential 50x surge.
A big part of Catslap’s appeal is the “Slapometer”, a clicker game where players compete to record slaps. The feature has gone viral, garnering over 6.3 million slaps so far.
Catslap token has a score of 99/99 on DexTools, gaining trust as a trustworthy project. About $3 million of liquidity is locked for 60 days, so there is no risk of anything going wrong.
Additionally, a trustworthy smart contract audit has been completed, increasing investor confidence.
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