{"id":398202,"date":"2024-06-09T05:30:21","date_gmt":"2024-06-09T00:00:21","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=398202"},"modified":"2024-06-08T14:26:18","modified_gmt":"2024-06-08T08:56:18","slug":"will-notcoin-retest-its-ath-again-watch-out-for-this-bullish-pattern","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/will-notcoin-retest-its-ath-again-watch-out-for-this-bullish-pattern\/","title":{"rendered":"Will Notcoin retest its ATH again? Watch out for this bullish pattern!"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Notcoin fell by over 7% in the last 24 hours alone<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Bullish pattern emerged on NOT\u2019s chart, hinting at a price hike\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/notcoin-price-prediction\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Notcoin [NOT]<\/span><\/a><span style=\"font-weight: 400;\"> was a much-hyped subject in the market, even before its launch. However, its launch itself was fairly underwhelming, as its price dropped significantly on the charts soon after. And yet, the trend might change soon as a bullish pattern appeared on the newly launched token\u2019s price chart.<\/span><\/p>\n<h2><b>Notcoin\u2019s possible comeback<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Notcoin created much buzz even before it launched. However, investors\u2019 expectations were not met as the token\u2019s price fell. However, the token soon gained bullish momentum as its value surged by more than 40% in just 7 days. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This trend soon changed as over the last 24 hours, the altcoin depreciated by over 7%. At the time of writing, NOT was trading at $0.0203 with a market capitalization of over $2 billion. The price decline had a negative impact on the token\u2019s social metrics too. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, the altcoin&#8217;s social volume declined, reflecting a dip in popularity. Additionally, its weighted sentiment remained in the negative zone &#8211; A sign that bearish sentiments retained dominance in Notcoin&#8217;s market.\u00a0<\/span><\/p>\n<figure id=\"attachment_398210\" aria-describedby=\"caption-attachment-398210\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024.png\"><img decoding=\"async\" class=\"wp-image-398210 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024.png\" alt=\"Notcoin's social volume dropped\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.14.03-08-Jun-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-398210\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Nonetheless, this just might be a small setback for the altcoin, as a bullish pattern appeared on NOT\u2019s price chart. Captain Faibik, a popular crypto analyst, recently posted a <\/span><a href=\"https:\/\/x.com\/CryptoFaibik\/status\/1798989108326666723\"><span style=\"font-weight: 400;\">tweet<\/span><\/a><span style=\"font-weight: 400;\"> highlighting the fact that NOT seemed to be on the verge of breaking out of a bullish pattern. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">NOT has been consolidating inside a bullish pattern for the last few days, and a successful breakout could result in a 67% hike. The price pump might allow the token to retest its all-time high soon too.\u00a0<\/span><\/p>\n<h2><b>Is a trend reversal possible?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Since a bullish pattern hinted at a trend reversal, AMBCrypto checked Notcoin\u2019s 12-hour chart to see whether it could break above the pattern in the coming days. As per our analysis, the technical indicator MACD displayed a clear bearish crossover, hinting at a sustained price decline. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nonetheless, the Relative Strength Index (RSI) registered an uptick. The Chaikin Money Flow (CMF) also followed a similar trend &#8211; Indicating that NOT might successfully break above the bullish pattern.\u00a0<\/span><\/p>\n<figure id=\"attachment_398212\" aria-describedby=\"caption-attachment-398212\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06.png\"><img decoding=\"async\" class=\"wp-image-398212 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06.png\" alt=\"\" width=\"2560\" height=\"1375\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06-300x161.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06-1024x550.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06-768x413.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06-1536x825.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06-2048x1100.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/NOTUSDT_2024-06-08_13-17-06-1200x645.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-398212\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In the meantime, <\/span><a href=\"https:\/\/ambcrypto.com\/predictions\/the-open-network-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Toncoin [TON]<\/span><\/a><span style=\"font-weight: 400;\">, the blockchain on which NOT is minted, gained bullish momentum too. TON\u2019s price surged by over 17% in the last seven days. At the time of writing, the token was <a href=\"https:\/\/coinmarketcap.com\/currencies\/toncoin\/\" target=\"_blank\" rel=\"noopener\">trading<\/a> at $7.40 with a market capitalization of over $417.9 billion, making it the 9th largest crypto.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"https:\/\/ambcrypto.com\/predictions\/notcoin-price-prediction\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Notcoin\u2019s [NOT] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2024-25<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">However, it is interesting to note that TON\u2019s exchange outflows dropped last week after spiking on 3 June. This meant a decline in buying pressure, which might cause trouble.\u00a0<\/span><\/p>\n<figure id=\"attachment_398213\" aria-describedby=\"caption-attachment-398213\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024.png\"><img decoding=\"async\" class=\"wp-image-398213 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Notcoin-NOT-13.19.28-08-Jun-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-398213\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Notcoin\u2019s price dropped significantly in the last 24 hours, but the trend might change soon.<\/p>\n","protected":false},"author":75,"featured_media":398220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-398202","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Will Notcoin retest its ATH again? 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Watch out for this bullish pattern!"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/a3c1a47ad2d3e2a023516862993813cd","name":"Dipayan Mitra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-150x150.jpg","caption":"Dipayan Mitra"},"description":"Dipayan is a full-time journalist at AMBCrypto. 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