- Notcoin sees strong price and volume increases, signaling bullish momentum.
- Analysts predict a potential 76% rally if buying pressure remains strong.
- Whale activity and rising active addresses suggest investor confidence in further gains.
Notcoin (NOT) has drawn serious attention recently with an impressive price rally. From a low of $0.0055, the altcoin surged to $0.007473, with a single-day gain of 13.98%. Trading activity has also exploded, spiking 297.52% to a hefty $522.11 million. With these rapid gains, investors wonder if Notcoin could break higher.
Momentum Builds After a Bullish Breakout
Crypto analyst Ali Martinez suggests Notcoin’s recent breakout from a falling wedge pattern signals a shift to bullish territory. This classic reversal setup often marks the end of a downtrend, pointing to fresh highs. Backed by a solid increase in buying pressure, Martinez anticipates a 76% rally, potentially pushing Notcoin to $0.012—a level unseen since August.
Additional bullish signs support this prediction. Notcoin’s Advance Decline Ratio (ADR) has remained above 1 for over a week, showing strong buying interest. Not only that, daily active addresses have more than doubled, from 12.84k to 28.97k. This metric highlights a surge in interest beyond speculative trades, indicating a stronger market foundation.
Large Holders Fueling the Rise
In another promising trend, large transactions have surged 833.3% as big players, or “whales,” accumulate Notcoin. These larger investors buying in significant amounts reveal increased confidence in the token’s potential. When large holders actively buy, the likelihood of sustained upward movement increases.
Rising daily transaction volumes further reinforce Notcoin’s positive trajectory, as both high trading activity and market interest push the altcoin higher. With active buyer engagement and an optimistic outlook, Notcoin appears well-positioned for further gains.
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If current conditions hold, reaching the previous peak of $0.0092 seems likely in the short term. Martinez’s forecast and strong accumulation by large holders suggest Notcoin may even climb to $0.012. As the rally unfolds, a continued show of buying strength could be the final push needed to hit these ambitious targets.
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