$Current situation
At the moment, the price of the NOT/USDT pair is 0.01395 USDT, which is 0.21% lower than the previous figure. The maximum price over the last 24 hours reached 0.01428 USDT, the minimum - 0.01366 USDT. Trading volume in the last 24 hours was 3.51 billion for NOT and 49.07 million for USDT.
Technical analysis
The price was in a downtrend, reaching a low of 0.01362 USDT. Current moving averages (MA) for various periods:
- MA(7) = 0.01396
- MA(25) = 0.01421
- MA(99) = 0.01528
The current price is below MA(7) and MA(25), which indicates a possible continuation of the downward trend in the short term.
Trading volume
The trading volume over the last 4 hours is 330,624,681, which indicates high activity in the market. The supply and demand indicator shows that supply exceeds demand (63.77% versus 36.23%).
Forecast
Short term forecast
- Given the current market situation and technical indicators, it is likely that the price will continue to fluctuate within the current range. It may once again test the support level around 0.01366 USDT.