Notcoin

bullish

2024

<p>The recent analysis of <a href="https://captainaltcoin.com/notcoin-price-pumps-20-is-not-joining-the-party-analyst-weighs-in/" target="_blank" rel="noopener noreferrer nofollow">Notcoin (NOT)</a>, shared by crypto analyst Ali Charts, suggests a potential rally of 12.50%. This rally is due to a bullish breakout from a falling wedge pattern on the hourly chart.&nbsp;</p>
<p>Notcoin (NOT) appears to be breaking out of a falling wedge formation, based on the chart that Ali shared. As prices move inside two downward-sloping trend lines, the falling wedge pattern, a widely recognized bullish chart formation occurs.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Notcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Notcoin</a> <a href="https://twitter.com/search?q=%24NOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$NOT</a> appears to be breaking out of a falling wedge on the hourly chart, which suggests a 12.50% upswing! <a href="https://t.co/sShIEYlPJq" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/sShIEYlPJq</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1841010928009003116?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>On the chart, <a href="https://coinmarketcap.com/currencies/notcoin/" target="_blank" rel="noopener noreferrer nofollow">the price of NOT</a> has been declining within this wedge pattern since late September, forming lower highs and lower lows. A breakout from this formation could signal the end of the bearish trend, with the price shifting toward upward momentum.&nbsp;</p>
<p>Ali’s analysis points to a 12.50% upswing from the breakout point, which occurred around $0.008813 on October 1st.</p>
<h3 class="wp-block-heading" id="strong-expert-forecasts-a-12-50-upswing-strong"><strong>Expert Forecasts a 12.50% Upswing</strong></h3>
<p>Ali Chart predicts a potential 12.50% rally for NOT, with a target price of approximately $0.009914. This prediction is based on a technique for estimating possible gains after a breakout: measuring the height of the wedge.&nbsp;</p>
<p>Should the breakout be sustained, it might signal bullish momentum and lead to more price increases. Besides, if the price holds above the wedge’s upper trend line, this bullish pattern could see more traders entering the market, potentially driving the price higher.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/pepe-price-pumps-30-but-which-meme-coin-is-best-to-invest-in-now/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>PEPE Price Pumps 30%, But Which Meme Coin is Best to Invest In Now?</em></strong><br></a></p>
<h3 class="wp-block-heading" id="strong-additional-analysis-from-other-experts-strong"><strong>Additional Analysis from Other Experts</strong></h3>
<p>Another notable chart analysis came from X user @Manofbitcoin, who also shared insights on Notcoin. According to their tweet, the price has reached an ideal reversal target.&nbsp;</p>
<p>The user also added a 61.8% Fibonacci retracement level to the chart, indicating that if NOT breaks below this level, the formation may fail to complete five waves up from the lows. They also noted the possibility of a diagonal pattern, though this is considered less reliable.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24NOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$NOT</a> (request): The price has reached the ideal target for reversal.<br>We can give this chart a bit more space. I added the 61.8% Fib retracement level.<br>A break below the 61.8% Fib level would indicate that this chart has failed to form 5 waves up from the lows.<br>A diagonal pattern… <a href="https://t.co/nSFJImjWjf" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/nSFJImjWjf</a></p>— Man of Bitcoin (@Manofbitcoin) <a href="https://twitter.com/Manofbitcoin/status/1840702129444429827?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>With both analysts highlighting different aspects of the chart, the general consensus remains cautiously optimistic. Ali Chart’s prediction of a 12.50% upswing and @Manofbitcoin’s analysis provide important insights for traders watching Notcoin’s next price moves.&nbsp;</p>
<p>However, as with any market predictions, traders are advised to watch key support and resistance levels to determine the strength of the breakout.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/notcoin-not-price-could-see-a-12-50-rally-expert-cites-key-breakout/" rel="noopener noreferrer nofollow">Notcoin (NOT) Price Could See a 12.50% Rally, Expert Cites Key Breakout</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Notcoin (NOT) Price Could See a 12.50% Rally, Expert Cites Key Breakout

Table of Contents

CaptainAltcoin

Other articles published on Oct 1, 2024

A Breakthrough in Blockchain Connectivity: Explore How Qubetics Bridges Isolated Networks with WE...

US trading app Robinhood launches ‘crypto transfers’ in Europe

Iran’s Missile Launch Affects Cryptocurrency Prices

FTX Plans to Distribute $6 Billion to Users After Restructuring

Boss Trump (BOSSTRUM) Solana Memecoin to Rally Over 19,000% Before Exchange Listings, While SHIB ...

Japan’s New Prime Minister Sees Blockchain and NFTs as Vital Tools for Revitalizing Regional Econ...

Join our free newsletter for daily crypto updates!