Notcoin (NOT) Price is Poised For a Massive Pumps in 'Coming Days', Trader Predicts

Notcoin's NOT is again a top crypto gainer today after a 20% pump. The price is currently trading around $0.0076.

A popular crypto trader is expecting Notcoin (NOT) to make "massive pumps" in the coming days after the token emerged as one of the top crypto gainers on Monday following a 20% pump.

Notcoin (NOT) price finally bounced off the $0.0072 range and is currently trading at $0.0076. After suffering heavy losses in 2022, this cryptocurrency has grown by more than 4000% this year.

Technical analysis of Notcoin (NOT) price indicates a bearish wedge pattern in the price chart of this cryptocurrency, where the price is consolidating between converging trend lines. This technical structure usually appears in periods when selling pressure is decreasing.

On this chart, there is a critical support level around $0.0072 that has helped prevent the price from falling further. On the other hand, traders are keeping an eye on the resistance level near $0.0078, which could be a key breakout point if broken.

According to this analysis, if NOT manages to break through the current resistance level, it can target the $0.0125 area. This would represent a significant move from current levels, although traders should note that such predictions are inherently speculative.

The recent price movement indicates a build-up phase and the token is consolidating within the wedge range. This period of consolidation can set the stage for the next big price move, as markets often experience a lot of volatility after such patterns.

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