Notcoin Price Skyrockets 20%, Still Big Profit Potential?

Bittime - The price of Notcoin (NOT) has soared sharply. In the last 24 hours, the price rose 20%, breaking the crucial threshold of $0.015 (approximately IDR 246 or 15 times) and is now valued at $0.01623 (approximately IDR 267 or 16 times).

This price increase attracts market attention, especially if Bitcoin ($BTC) continues to strengthen.

Notcoin Price Technical Analysis: Positive Signals

Key technical indicators suggest a positive outlook for Notcoin. The Relative Strength Index (RSI) is at 51.56, indicating a neutral position, not yet overbought or oversold.

This indicates investors may be waiting for further confirmation before making large trades.

Apart from that, the Moving Average Convergence Divergence (MACD) indicator is at 0.0008708, indicating a short-term bullish (upward) trend. This positive momentum could be an attractive buying opportunity for those looking to take advantage of current market conditions.

Notcoin Price Performance & Volatility

Compared to Bitcoin, Notcoin shows more volatile price movements, especially in the second half of the chart. Notcoin's price range moves between 0% to 14% increase, while Bitcoin tends to stabilize in the range of 0% to 3% increase.

Notcoin's significant moves included a sharp spike around 6pm, rising from 2% to 8%, and the uptrend continued until it reached a peak of around 14% around 3-4am. However, this was followed by a decline to around 10% towards the end of the chart.

Bitcoin Stability: Risks & Rewards

In contrast, Bitcoin shows relative stability with minor fluctuations. A slight upward trend was seen until around 3am, followed by a small decline.

This comparison highlights the higher risks and potential rewards associated with lesser-known crypto assets such as Notcoin, which exhibit greater volatility compared to established ones such as Bitcoin.

Notcoin Market Cap & Supply

Currently, Notcoin is at position 54 on CoinMarketCap. This token has a market capitalization of $1.6 billion (around IDR 26.27 trillion) and a circulating supply of 102.49 billion NOT coins.

Notcoin's sharp price movement indicates higher trading activity compared to Bitcoin, indicating a dynamic market environment.

Conclusion

Notcoin's significant price increase is worth paying attention to. However, keep in mind that high volatility also means a greater risk of loss. Technical analysis shows short-term positive signals, but the investment decision is still in your hands.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.