NOT Coin Surges 5%
The value of Notcoin (NOT) has climbed over 5% within the past 24 hours, reaching 6:13 a.m. EST. Investors are actively purchasing this altcoin, contributing to its upward movement.
Despite this surge, NOT's weekly performance remains in the red by over 12%. Its monthly performance is also negative, with a 32% decline over the last 30 days.
NOT Coin Support Level
4-hour chart for NOT/USD (Source: GeckoTerminal)
Currently, NOT is hovering above a key support level of $0.007840. If it dips below this level within the next 24 hours, it may fall further to $0.006122.
On the other hand, if NOT can maintain its position above $0.007840 for the next day, it will weaken the bearish trend. This may present a buying opportunity for traders, potentially leading to a rally towards the resistance level of $0.010092, followed by a possible rise to $0.012343.
Bullish Indicators
Technical indicators suggest that NOT may continue to climb in the coming hours. Notably, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators show positive signals.
RSI readings have been rising, indicating increasing buyer strength. The positive slope of the RSI also suggests that bulls are gaining momentum.
MACD Indicator
Additionally, the MACD indicator on the 4-hour chart is approaching a bullish technical flag. An intersection between the MACD and Signal lines within the next 24 hours could indicate a short-term positive cycle for NOT's price.
Pepe Unchained (PEPU)
While NOT is showing bullish signs, investors are also investing heavily in the layer-2 meme coin Pepe Unchained (PEPU), seeking potential parabolic gains.
Pepe Unchained Features
Pepe Unchained aims to elevate the PEPE meme coin through the launch of its own layer-2 network. This dedicated chain will provide significantly higher speeds, allowing investors to enjoy lightning-fast transactions. Additionally, PEPU holders will benefit from lower transaction costs.
Dual Benefits
PEPU allows investors to seamlessly transfer value between the Pepe Unchained and Ethereum networks, providing the dual benefits of Ethereum's security and Pepe Unchained's speed.
Funding Milestone
Pepe Unchained's ongoing presale has received over $10.9 million in funding, demonstrating strong investor confidence in the project. The ICO is expected to surpass the $11 million mark soon, offering an 183% reward to early buyers who stake PEPU.
Purchase Information
Investors can acquire PEPU via the buy widget on the project's website, then stake their tokens through the staking page. PEPU is currently trading at $0.0093477 and can be purchased using ETH, USDT, BNB, or a bank card. The price is scheduled to increase in the subsequent ICO stages.