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

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025

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

July 3, 2025
Add A Comment

Comments are closed.

Recent Posts

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Earn $4,777 Daily! PaxMining Leads 2025’s Record-Breaking Bitcoin Mining Boom

July 18, 2025

GSR Leads $100M Private Placement Into Nasdaq-listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee

July 18, 2025

KuCoin Launches XStocks, Delivering A One-Stop Access Point To Top Global Tokenized Equities

July 18, 2025

💵 FREE $18 USDT – Just For Signing Up!

July 18, 2025

How Does AIXA Mining Break Traditional Barriers?

July 18, 2025

How Does AIXA Mining Break Traditional Barriers?

July 18, 2025

The future of EF ecosystem development

July 18, 2025

Satoshi-Aera Bitcoin Whale moves another 40K BTC to Galaxy Digital.

July 18, 2025

Behind The Surge In XRP, DLMining Brings New Opportunities To Mine BTC With Your XRP

July 18, 2025

The strategy has hit the highest market cap since the Rally Bitcoin rally.

July 17, 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

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Earn $4,777 Daily! PaxMining Leads 2025’s Record-Breaking Bitcoin Mining Boom

July 18, 2025

GSR Leads $100M Private Placement Into Nasdaq-listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee

July 18, 2025
Most Popular

Dogecoin Price Prediction: DOGE Falls 3% As Roaring Kitty Rally Fades Off, This Red Hot Meme Coin Offers Last Chance to Buy

May 15, 2024

Trump dumped millions of dollars from Ethereum after disastrous NFT Redux.

December 28, 2023

Solana overtakes Ether Lee with the attention of developers.

May 2, 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.