Notcoin

bullish

Momentum

Reversal

<p>Crypto analyst Ali Charts has reported a bullish breakout in <a href="https://captainaltcoin.com/is-notcoin-price-about-to-break-the-charts-not-set-for-big-gains/" target="_blank">Notcoin (NOT)</a> after a month-long consolidation period.&nbsp; The analyst shared analysis demonstrating NOT’s escape from a descending wedge pattern, with chart projection suggesting a continued rally.&nbsp;</p> 
<p><em>“Patience is paying off,”</em> Ali stated in a post on X (formerly Twitter), highlighting the strategic approach of holding through market shifts.</p> 
<h2 class="wp-block-heading" id="strong-not-technical-breakout-signals-potential-trend-reversal-strong"><strong>NOT Technical Breakout Signals Potential Trend Reversal</strong></h2> 
<p>The descending wedge pattern on NOT’s chart has shown a clear breakout above the upper resistance trendline. This technical formation emerged after a sustained downtrend from mid-July through late October 2024. The pattern’s support level established at $0.0055631 served as a foundation for the subsequent upward movement.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">We've been holding <a href="https://twitter.com/hashtag/Notcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Notcoin</a> <a href="https://twitter.com/search?q=%24NOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$NOT</a> for 29 days now, and patience is paying off! The crypto market often rewards those who wait. <br><br>Our short-term target is still set at $0.012! <a href="https://t.co/5GuybE9kuI" target="_blank" rel="nofollow">https://t.co/5GuybE9kuI</a> <a href="https://t.co/Jr3Rbk8vof" target="_blank" rel="nofollow">pic.twitter.com/Jr3Rbk8vof</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1864245258692812912?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 4, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The breakout confirmation came with strong buying pressure, pushing NOT’s price above the wedge’s upper boundary. The chart shows the token reaching around $0.0098135, marking substantial progress toward the projected target. At press time however, the token has dipped by 3.40% in the last day <a href="https://coinmarketcap.com/currencies/notcoin/" target="_blank">to $0.009426</a>.</p> 
<h2 class="wp-block-heading" id="strong-price-action-and-support-levels-paint-bullish-picture-strong"><strong>Price Action and Support Levels Paint Bullish Picture</strong></h2> 
<p>NOT’s chart structure reveals multiple support zones that could act as price floors during the current upward movement. The base support at $0.0055631 marks the wedge’s bottom, while a new support level has formed at $0.0080000 following the breakout.</p> 
<p>The resistance zone between $0.0105000 and $0.0120000 presents the next major hurdle for NOT. This range aligns with Ali Charts’ short-term target of $0.012, representing a potential 76.25% move from the pattern’s low point.</p> 
<p><em>Read also: </em><a href="https://captainaltcoin.com/avalanche-avax-poised-for-higher-highs-if-price-reclaims-this-key-level/" target="_blank"><em>Avalanche (AVAX) Poised for Higher Highs If Price Reclaims This Key Level</em></a></p> 
<h2 class="wp-block-heading" id="strong-market-structure-suggests-continued-momentum-strong"><strong>Market Structure Suggests Continued Momentum</strong></h2> 
<p>The measured move calculation, based on the wedge’s maximum width, supports the $0.012 target projection. NOT’s price action displays <a href="https://coinpedia.org/price-analysis/notcoin-surges-10-targets-0-010-psychological-mark/" target="_blank" rel="nofollow">increasing bullish momentum</a> since breaking out of the pattern. The token’s movement reflects broader market dynamics where sustained consolidation periods often precede directional moves.</p> 
<p>The chart patterns suggest a shift in market structure from bearish to bullish control. Trading volumes have supported the price action, though specific volume data remains private. The current price levels provide traders with clear reference points for both support and resistance zones.</p> 
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noreferrer noopener nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noreferrer noopener">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noreferrer noopener">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="noreferrer noopener 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="nofollow sponsored"> <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-nofollow-sponsored-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <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">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="nofollow sponsored"> 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/experts-notcoin-not-76-price-prediction-still-in-play-heres-the-oulook/">Expert’s Notcoin (NOT) 76% Price Prediction Still in Play: Here’s the Outlook</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Expert’s Notcoin (NOT) 76% Price Prediction Still in Play: Here’s the Outlook

Table of Contents

CaptainAltcoin

Other articles published on Dec 5, 2024

Market Dynamics Shift as XRP Faces Decline

Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst

Bryan Johnson Net Worth: Insights into His Financial Success

Bitcoin Surges Past $100,000! Creates history

Evrloot Launches Free-to-Play RPG Campaign on Polkadot’s Moonbeam Chain

Zypto App Supports All XRPL Tokens!

Join our free newsletter for daily crypto updates!