If Notcoin Breaks Out, Investors Could Pocket ~80% Gains!

• 1 Captain Faibik posted on X with optimism that NOT is on the verge of a massive breakout.
• 2 The market interest in Notcoin is growing, showing a shift towards gaming.
• 3 Positive news surrounds the TON Ecosystem, with Pantera’s historic investment and Bitget’s $20 Million TON ecosystem fund.

Notcoin crypto works within the Notcoin game on the messaging platform Telegram, which runs on TON’s platform. This Telegram game has attracted immense attention from the crypto realm. The growing interest in Notcoin (NOT) has shown an increasing shift in focus towards Web3 games.

Optimism Surrounding the TON Ecosystem!

According to BSCN, the other Telegram game, hamster_kombat, has reached 200 million users and shares plans to launch its own token. The excitement around Hamster Kombat is set to peak with the launch of its crypto token on the TON Network in July. 

TON, which already happened to be the home of Notcoin and had become a major success. It attained a peak market cap of nearly $3 Billion early June.

There is positive news surrounding the TON Ecosystem. Pantera recently made the largest investment in its history in TON. Moreover, Bitget announced a $20 Million TON ecosystem fund supported by Foresight Ventures.

Analysts are Bullish on Notcoin (NOT)!

Since NOT is part of the TON ecosystem, the NOT could be influenced by TON’s optimistic news. Analysts are bullish on NOT as well.

One of the analysts, Captain Faibik, tweeted with optimism that NOT is on the verge of a massive wedge upside breakout; with his shared chart drawing, he predicts an 80% gain to come on 4-H TF.

Similarly, based on the analyst’s tweet, the NOT daily chart shows that it has been surging from support and remains above the 200-day and 50-day EMAs, portraying bullish strength.

Likewise, the MACD portrays a bullish cross, with a rising histogram in NOT at 0.0001137, and the RSI flashed at 52.64. It portrayed that the Notcoin crypto is not losing steam and could climb higher in future sessions. 

At press time, NOT was trading at $0.01557, with a market capitalization of $1.59 Billion. The 24-hour trading volume stood at $547.02 Million. Therefore, if the breakout rallies, the next goal for NOT could be to reach $0.0220 and $0.0267.

On the contrary, if the price plunges and trades inside the pattern again, the anticipated bullish pattern made in NOT would lose its significance and would be invalid.

Likewise, in this scenario, if the Notcoin crypto price fails to stay above the $0.0130 level, it could also decline further.

What Does the Volatility Chart Represent?

This NOT chart presents the contrast between the volatility and the price movement. The outlook exhibits that the Notcoin crypto displayed remarkable growth in earlier sessions.

NOT Price Vs. Volatility (1W) | Source: Santiment.com

However, the recent price chart illustrates that NOT failed to jump supply by June’s first week and faced a struggle; with that, volatility has declined. It exhibits low volatility, showing stability in the NOT price.

Notcoin (NOT) Price Synopsis! 

Notcoin crypto is drawing significant attention from the crypto world. The market interest in Notcoin is surging, showing a shift towards gaming. In July, another Telegram game, Hamster_kombat plans to launch its token on the TON Network.

The TON Ecosystem is surrounded by positive news, with Pantera’s historic investment, Bitget’s $20 Million TON ecosystem fund, and analysts bullish on Notcoin. On observing the 4-H TF chart, NOT price may break out, with potential for future growth.

Disclaimer

In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

Amanda Shinoy

Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.