Notcoin Price Forecast: Can NOT Reach $0.1?

Notcoin price forecast: NOT, a Telegram game altcoin, has experienced a notable surge in value in the past 24 hours. This increase propelled the altcoin above the $0.0215 mark, indicating an ascending trend. 

Currently, Notcoin price is $0.0215, up 24% in the last 24 hours. The market cap is $2.1 billion, and the 24-hour trading volume is $4.5 billion. NOT has also seen a spike in trading volume by 208%, the circulating supply remains at 102.72 billion Notcoins, achieving 195% of its total supply.

Notcoin Price Forecast: Potential for Further Gains

Over the past week, Notcoin has experienced an impressive surge of more than 156%, reflecting a significant uptick in investor interest and market activity. NOT has been trading in a range of $0.0049 to $0.014.

This surge increase follows an all-time surge of approximately 19%, positioning Notcoin as one of the most rapidly appreciating assets in the cryptocurrency market.

Bybit’s Leadership Changes and Compensation Plan

Notcoin launch has prompted Bybit, a leading cryptocurrency exchange, to implement significant leadership changes and a compensation plan. Following the issues with Notcoin, several executives have resigned, and Bybit is now seeking new technical and spot managers to stabilize operations. 

To compensate affected users, Bybit has announced a 30 MNT airdrop, a $50 trading bonus, and a three-month VIP +1 status upgrade. Existing VIP users can receive up to $500 based on their membership level. Bybit aims to restore user trust and market stability through these measures.

Technical Indicators Suggest Bullish Momentum for Notcoin

The cryptocurrency NOT price is experiencing a significant upward trend, suggesting it may soon enter a bullish phase. If this momentum continues, it will likely break the $0.013 resistance level. 

A consistent rise could elevate its value to approximately $0.019, with expectations of reaching $0.02 in the near future. Increased bullish pressure might even push the price to $0.1 in the next bull run.

However, a change in market sentiment could cause Notcoin to stabilize at the $0.012 support level. If a downtrend occurs, the price might fall to $0.011, indicating a bearish market. Further bearish pressure could see the price drop to the $0.01 support level.

The 4-hour indicators for Notcoin show a significant upward trend. The Awesome Oscillator (AO) displays a positive value of 0.002201, indicating a bullish momentum in the market. The  Moving Average Convergence Divergence (MACD) chart highlights a bullish crossover. The MACD line is above the signal line, reinforcing the upward trend.

The Chaikin Money Flow (CMF) indicator, currently at 0.12, suggests a positive capital inflow into Notcoin, indicating buyers are in control. Additionally, the Relative Strength Index (RSI) stands at 73, indicating that Notcoin is overbought territory.