Current situation
At the time of writing, the NOT/USDT rate is 0.01305, showing a decline of 3.12% over the past 24 hours. Trading volume for this period amounted to 4.11 billion NOT and 53.80 million USDT. The maximum price over the last 24 hours reached 0.01366, and the minimum - 0.01258.
Technical indicators
- Moving averages (MA):
- MA(7): 0.01323
- MA(25): 0.01389
- MA(99): 0.01487
The current price is below all major moving averages, indicating a continuation of the downward trend.
- Trading volume:
- Today: -3.33%
- Over the last 7 days: -16.47%
- Over the last 30 days: -44.61%
The decrease in trading volumes confirms the weakness of the market.
Flow of funds
- Large orders:
- Purchase: 642.52 M NOT
- Sale: 646.52 M NOT
- Net outflow: -4.01 M NOT
- Average orders:
- Purchase: 1,692.80 M NOT
- Sale: 1,939.16 M NOT
- Net outflow: -246.37 M NOT
- Small orders:
- Purchase: 1,611.12 M NOT
- Sale: 1,681.85 M NOT
- Net outflow: -70.73 M NOT
The cumulative net outflow over the last 24 hours is -321.11 M NOT, indicating a predominance of sellers in the market.
Forecast
Analysis of technical indicators and fund flows shows a likely continuation of the decline in the NOT/USDT rate in the short term. Main factors:
Downtrend for all moving averages.
A decrease in trading volume, especially noticeable over the past 30 days (-44.61%).
Excess of sales volume over purchases in different order categories.
In the coming days, we can expect a further depreciation. The market remains under selling pressure, making it unstable.
This analysis is based on current data and is subject to change based on market dynamics and new developments.