Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Not set for 12.5% ​​uptrend after breakout
ALTCOIN NEWS

Not set for 12.5% ​​uptrend after breakout

By Crypto FlexsOctober 2, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Not set for 12.5% ​​uptrend after breakout
Share
Facebook Twitter LinkedIn Pinterest Email
  • NOT has surged 14.45% in the past week.
  • Analysts expect a breakout of the falling wedge pattern and a 12.50% uptrend.

Over the past two weeks, Notcoin (NOT) has made significant gains, hitting a downward wedge on the daily time frame. In fact, at the time of this writing NOT was trading at $0. 008772. This represents a surge of 5.22% over the past month.

Likewise, this bullish trend expanded on the weekly chart with the coin gaining 14.45%.

After hitting a low of $0.0069 on September 18, the altcoin soared for nine consecutive days before falling again. Therefore, it is down 2.09% in the last 24 hours.

Despite the decline on the daily chart, the overall market gains last week were greater than the declines.

What Market Sentiment Says

The recent surge has analysts talking with high hopes for the future of altcoins. Therefore, renowned cryptocurrency analyst Ali Martinez suggested a 12.50% rise in the future.

Source: X

In his analysis, Martinez cited Notcoin’s breakout of a descending wedge pattern on the hourly chart.

According to analysts, a breakout of this level would result in a surge of 12.50%. This will push the price of NOT to $0.009868.

In context, a break from this pattern means selling pressure is waning and buyers are entering the market to push prices higher. Therefore, this is a sign of a shift in momentum from bearish to bullish and a further price rise is likely.

What the Chart Doesn’t Suggest

The analysis provided by Martinez provides a future outlook for Notcoin, but it is important to determine what other fundamentals indicate.

Source: Santiment

First, Notcoin’s funding ratio by asset has remained positive over the past week. The positive funding ratio aggregated by asset indicates that Notcoin is experiencing upward price movements more often than downward movements.

This therefore indicates that buyers are regularly dominating the market, which is indicative of investor confidence in the future value of the asset.

Source: Santiment

Additionally, NOT had higher demand for long positions than for short positions. This is reflected in the consistently positive funding ratios compiled by the exchange.

This is a sign that investors are confident about future value and expect further profits. This results in you paying a premium fee to hold that position.

Source: IntoTheBlock

Finally, the market is showing greater stability as some whales expand their ownership over others. Therefore, large holders own 66.69% of the token supply, indicating complete control over retail traders and investors.


Read Notcoin (NOT) price prediction for 2024-2025


A market dominated by whales is less likely to have speculative sales. That’s because whales and institutions are experienced and don’t follow news or emotions to sell. Higher demand for altcoins from whales shows that they are confident in them and expect further profits.

Therefore, the current market conditions may allow Notcoin to make additional profits. With strong upward momentum driven by positive market sentiment, NOT is likely to reach $0.01229 in the near term.

Next: Polygon ends September on a low note – what about holder profitability?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025
Add A Comment

Comments are closed.

Recent Posts

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025

Crypto Price Prediction Strategies – How Traders Forecast The Market

July 6, 2025

Causes, History, And How To Survive

July 6, 2025

A Guide To High-Risk, High-Reward Strategies

July 6, 2025

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Bitcoin holders reach $ 1 trillion in paper gains.

July 6, 2025

It flashes again in July

July 6, 2025

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

July 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025
Most Popular

BNB Chain executes 29th quarterly burn of $1.07 billion worth of BNB tokens

November 2, 2024

NVIDIA Unveils AI-Powered RTX PC for Enhanced Gaming and Content Creation

December 13, 2024

The new feature of Langgraph improves workflow efficiency.

June 10, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.