Notcoin (NOT) Eyes Further Gains as $700 Million Awaits Holders with Potential 30% Price Surge

After a recent 30% rise, Notcoin (NOT) is on track for another 30% rally. If the price hits $0.012, 23,848 addresses holding 62 billion tokens could see a collective gain of over $700 million.

Notcoin (NOT) has been making waves in the cryptocurrency market, with its price rallying by 30% in recent days. On September 23, Notcoin was valued at $0.0073, and as of now, it stands at $0.0094, gaining momentum. This price surge has left many investors anticipating a further increase, with some expecting another 30% rise that could push the price to $0.012.

Driving Forces Behind Notcoin’s Rally

Several factors are contributing to Notcoin’s current uptrend. According to a report by BeInCrypto, one of the key reasons behind this rally is increased network activity. The number of active addresses, a key indicator of user engagement, has risen by 35% over the past week. Additionally, the number of zero-balance addresses has jumped by 90%, signaling wider adoption and increased traction for Notcoin.

This surge in user participation and network activity has been crucial in sustaining Notcoin’s bullish momentum. If this trend continues, the coin could see another significant price increase, with analysts predicting a potential 30% gain that could take the price to $0.012.

The Profit Opportunity for Holders

The potential price increase could bring substantial profits to many holders. According to Global In/Out of Money (GIOM) data, approximately 23,848 addresses holding over 62 billion tokens would move into profit if the price hits $0.012. These holders acquired Notcoin at prices ranging from $0.0095 to $0.012, meaning that if the price reaches the higher end of this range, these tokens would collectively be worth over $700 million.

GIOM is a tool that reveals the number of addresses in profit or loss based on the current price. It is used to assess how much investors stand to gain or lose if the price hits certain levels. In Notcoin’s case, a further rise to $0.012 could unlock significant gains for many holders.

Technical Indicators Point to a Continued Uptrend

Technically, Notcoin’s price could continue its upward trend, as several key indicators suggest further bullish momentum. The Parabolic Stop and Reverse (SAR) indicator, which helps determine the price direction, shows a bullish trend as its dotted lines remain below the price. This indicates that the uptrend is likely to persist, with a potential bounce in price.

Additionally, the Moving Average Convergence Divergence (MACD), a momentum indicator, remains positive, further supporting the possibility of a continued price rise. Analysts also point to Fibonacci levels, which indicate that Notcoin’s price could climb by another 30% within the next few weeks.

However, if profit-taking from recent gains intensifies or momentum weakens, the price could retrace to $0.0082. Traders should monitor the market carefully as the next few weeks will be critical for Notcoin’s future performance.

Conclusion

With bullish indicators and increased network activity driving momentum, Notcoin’s price is well-positioned for further gains. If the price reaches $0.012, holders stand to gain substantial profits, making the next few weeks crucial for investors looking to capitalize on Notcoin’s upward trajectory.

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