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Notcoin price has climbed 4% in the last 24 hours trading at $0.00764 at 4:02 a.m. EST on trading volume that fell 50% to $82 million.
But it has fallen 35% over the past month, a drop that has made it the biggest loser among major cryptocurrencies, according to Crypto Bubbles.
Notcoin Price Prediction: NOT in a Downtrend, Is a Trend Reversal Possible?
Since August 25, Notcoin price has been in a continuous downtrend, diving into the falling wedge pattern.
The bulls, however, appear to be capitalizing on the wedge to stage a likely trend reversal, with Notcoin price now trading higher but at the upper boundary of the falling wedge.
NOTUSDT Chart Analysis (Source: Tradingview)
The recent downtrend has brought Notcoin price below the 50-day and 200-day simple moving averages (SMAs).
However, the Relative Strength Index (RSI) appears to be rebounding from below the neutral zone, currently at 49 and rising, confirming an imminent price recovery.
The rising RSI could be a sign that Notcoin price is set for a continued rally, showing that buyers are buying more. If this scenario continues, Notcoin price could rally above the descending wedge as bulls target $0.00996 (200-day SMA).
In a reverse scenario, Notcoin could continue to fall below the descending wedge, with $0.00683 serving as an immediate support area.
Meanwhile, as Notcoin bulls prepare for a likely bullish trend reversal, investors are rushing to buy a new GambleFi project called Mega Dice (DICE)which only has nine days left before the end of its pre-sale.
Mega Dice Raises Over $1.79 Million
Mega Dice is an online gaming platform offering a wide variety of casino games and sports betting options that has surpassed $1.79 million in funding.
It is a leading brand in the crypto casino space, boasting over 10,000 active players and surpassing $50 million in monthly wagers. Players enjoy over 4,000 casino games and 50 sports and eSports betting options.
ATTENTION: Time is almost up to recover $DICE at the lowest price! 🚨
THE $DICE The pre-sale is about to close, with the final price increase happening this Tuesday! This is your absolute last chance to get the best #GameFi token on #Solana before prices skyrocket! ⏳… pic.twitter.com/vzF1t77DsA
– Mega Dice Casino (@megadice) August 30, 2024
According to 99Bitcoins, a popular crypto YouTube channel with over 706,000 subscribers, $DICE could potentially increase 100x after its launch.
Token holders can also earn a share of the casino’s daily profits through its unique staking system and receive 10% on all purchases made by referred investors.
Buy $DICE on the official website here for $0.116056 per token using BNB, ETH or SOL.
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- Online presale now – megadicetoken.com
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