@notcoin
#Notcoin
$NOT technical analysis of Notcoin's price (NOT), based on available data. Please note that the cryptocurrency market is extremely volatile, and past performance does not guarantee future results.
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Current market situation (as of the end of August 2025):
Price:
Recently, the price of Notcoin has fluctuated around $0.0018-$0.0020.
Volatility: The Notcoin market demonstrates high volatility, which is typical for young cryptocurrencies, especially in the "tap-to-earn" sector.
Trading volume: A decrease in trading volume is observed, which may indicate a decline in speculative interest in the project.
Key technical indicators and patterns:
Support and resistance levels:
Support:
Recently, the price broke through a key support level at $0.0019, which is considered a bearish signal. The next important support levels being monitored by traders are around $0.001866 (7-day EMA) and $0.00170 (minimum of 2025).
Resistance:
The $0.0019-$0.0021 zone serves as short-term resistance. For a new upward trend to begin, the price must confidently break through this zone.
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Moving Averages:
Moving Average indicators across different timeframes (10, 20, 30, 50, 100, 200) mostly indicate a "Sell" signal, confirming the current bearish trend.
Oscillators:
RSI (Relative Strength Index):
RSI is in the neutral zone, providing no strong signals for buying or selling.
MACD (Moving Average Convergence Divergence):
MACD signals a "Sell".
Patterns:
Charts show a "Descending Triangle" pattern. This pattern often signals the continuation of a bearish trend but can also lead to an upward breakout with strong momentum.
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Technical analysis summary:
Most technical indicators and patterns indicate a bearish trend in the short term.
The breach of key support levels and the decrease in trading volume strengthen this signal.
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Important factors affecting the price:
Skepticism:
There is general skepticism in the market regarding the long-term sustainability of tokens based on the "tap-to-earn" model. The recent crash of the competing project Hamster Kombat has heightened these concerns.
Position liquidation:
Major liquidations of positions have also contributed to the downward movement of the price.
Fundamental factors:
For the long-term growth of Notcoin, an increase in the real utility of the token and its widespread application is necessary, not just speculative interest.
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Overall conclusion:
The current technical picture of Notcoin looks negative.
Traders should exercise caution and monitor key levels.
For a potential trend change to bullish, the price must confidently break through the resistance zone.
However, forecasts can change quickly, and it is important to continuously monitor current data and news about the project.
