Notcoin has lost 9% in the past 24 hours and is trading at $0.004689 per coin as of 02:17 AM EST. The trading volume has dropped by 7%.
Amid the drop, NOT Token was one of the altcoins that recorded oversold assets on the Relative Strength Index (RSI), along with Arweave (AR), Tron (TRX), StormX (STMX), and Wanchain (WAN).
At the same time, some have suggested that the Notcoin ecosystem may have something special compared to its counterpart Toncoin (TON). This assumption is based on the fact that NOT is already listed on the Binance exchange, while TON is not.
NOT Token is also popular on Hawk App, and some people say it is the greatest project of 2024.
Notcoin Price Prediction
Notcoin price is trading in a bearish trend, confined within a descending or descending parallel channel. As long as the boundaries remain intact, the market value of this asset will continue to decline.
The increased seller momentum could lead the Notcoin price to fall further and test the psychological support of $0.004000. This would constitute a new all-time low for the cryptocurrency.
The RSI index is 34, which means that the Notcoin price is not ready for a correction. If it falls below the threshold of 30, it may mean that the market needs to adjust.
The Moving Average Convergence Divergence (MACD) and its histogram remain in negative territory. This usually indicates a bearish or downtrend in the Notcoin price.
Conversely, if Notcoin’s bulls take advantage of the correction to buy, the price could rebound on subsequent buying demand. Although a breakout of the descending parallel channel at $0.005041 would be ideal, encouraging more buy orders, the bearish view would be negated only by a solid candlestick close above the $0.007380 threshold.
As Notcoin drops, the eTukTuk presale campaign is making great progress, raising over $3.35 million.
In his analysis of the project, crypto YouTuber Jacob Bury called TUK a new cryptocurrency with 10x potential.
TUK is the power token of the eTukTuk ecosystem, a project that combines electric vehicles, blockchain technology and artificial intelligence (AI).
The project offers a revolutionary cryptocurrency project that aims to help Tuk Tuk drivers adopt more energy-efficient modes of transportation. It focuses on developing South Asian and African economies and will roll out a network of electric Tuk Tuks and electric vehicle charging stations in these regions.
The project will also feature a Play-To-Earn (P2E) game where players can race through the streets of Sri Lanka, picking up and dropping off passengers at various locations.
To participate in the presale, you can buy $TUK at $0.032 per token, with the price set to increase in more than six days.
Please visit the eTukTuk website for more information.
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Green AI cryptocurrency attracts investors, Notcoin price plummets 9%, perhaps with the potential for 10x returns
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