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Notcoin (NOT) Price Hints A 100% Surge This June?

The cryptocurrency market continues to display a consolidated price action with top tokens such as Bitcoin and Ethereum recording a neutral trend for over the past week. This highlights a reduced buying and selling pressure in the crypto space.

However, Toncoin and Notcoin record a strong bullish sentiment by adding significant value to their respective portfolio over the past week. With the rising bullish sentiment, will TON and NOT tokens dominate the crypto market this June?

Notcoin $NOT Price Analysis:

The NOT coin price continues to display a bullish price action by recording a jump of approximately 10% within the past day. Notably, the altcoin has added 270% within the past week and 47.49% over the past 30 days.

TradingView: NOT/USDT

At the time of writing, the price of the Notcoin (NOT) token was $0.02143 and had a circulating supply of 102,719,221,714 NOT tokens. With a market cap of $2.176 Billion, the Notcoin crypto has secured the 53rd spot in the global crypto market list.

The technical indicator, MACD, displays a sharp decline in the green histogram, indicating an increase in the selling-over-buying pressure in the crypto market. Furthermore, the averages show a high possibility of a bearish convergence, suggesting a negative outlook in the coming time.

If the bulls regain momentum, the Notcoin crypto will prepare to retest its upper resistance level of $0.02945. However, if the bears continue to dominate the market, the NOT token will plunge toward its important support level of $0.01910.

source : coinpedia

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