The post Notcoin (NOT) Analysis: Should You Buy It Now? appeared first on Coinpedia Fintech News
Listed on the Binance exchange on 16 May, Notcoin(NOT) entered Coinpedia markets Top 100 crypto-list with marketcap surging to over $927 million. In no time this cryptocurrency caught investors’ attention with increased news and social media activity. NOT has been performing parallelly to meme coins.
One side of the trend expects the coin to hit the $1 mark, and the other is still uncertain about this volatile cryptocurrency Notcoin. Is it the right time to buy this coin or wait for corrections? Let’s find out.
What Do Technichals Have To Say About NotCoin?
Since there is not much data to analyze in the chart, the current price action follows an uptrend upward channel pattern. On launch, the NOT price surged to $0.037 and corrected to the current price of $0.009 with a weekly surge of 68.5%.
The price rejected $0.010, which is also identified as the key resistance
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