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- Notcoin’s breakout from the descending channel suggests a potential bullish rally.
- Analysts predict Notcoin could see significant gains, with a possible price doubling.
Telegram-based mini games have grown in popularity among investors and gamers, with Notcoin emerging as a leader in this field. Notcoin (NOT) has especially become rather important, guiding the comeback of the crypto market over the weekend.
Technical Analysis Shows Bullish Potential
According to earlier CNF reports, the Notcoin (NOT) token led the crypto market recovery over the weekend. And from a technical perspective, it has the ability to strengthen and rise further.
Recently, popular cryptocurrency analyst Captain Faibik emphasized in a recent tweet a bullish technical analysis for Notcoin. Indicating a possible bullish surge, he saw that NOT had effectively emerged from a declining channel formation on the 4-hour chart.
$Not has broken out of the beautiful Descending channel..!!
Expecting 2x Bullish Rally.. 🔥📈#Crypto #NOT #NOTUSDT pic.twitter.com/pPOT3bCoqz
— Captain Faibik (@CryptoFaibik) July 7, 2024
According to CoinMarketCap, NOT’s price at the time of writing is around $0,0151; it has jumped by 34.30% over the last 24 hours. NOT among the best-performing gaming tokens available on the market, this notable price increase has positioned NOT.
Future Prospects for NotcoinÂ
According to Captain Faibik’s assessment, in this bullish surge, Notcoin might see a price doubling. The technical breakthrough and growing curiosity in Telegram-based mini games drive this positive sentiment.
The impressive performance of Notcoin has put it among other leading gaming tokens such as Saga and Ultiverse. NOT has been one of the three best-performing gaming tokens in the last 24 hours, underscoring its great market presence and possibility for ongoing expansion.
The recent breakthrough and notable price increase of Notcoin highlight its increasing popularity and promise in the Telegram-based mini-game industry. All eyes will be on Notcoin as the market recovers to see whether it can keep its momentum and spearhead the charge in this fascinating new industry.
