Analyst Ali Martinez drew a positive picture for Notcoin (NOT), stating that the cryptocurrency is ready for a big increase. According to Martinez, NOT recently broke out of a falling wedge pattern; This could be a sign of a potential upward move.
76% Increase Target for Notcoin
Martinez predicts that Notcoin can experience a 76% rise and states his target price as $0.012. NOTE, which has previously experienced serious declines, is showing signs of recovery and may be on the verge of an increase. As of press time, the coin is trading at $0.0074, an increase of 17%; This creates a positive atmosphere among investors. Martinez commented: “#Notcoin #NOT has completed the falling wedge formation. It could rise 76% to $0.012!” he said.
This development means that Notcoin has completed the falling wedge pattern and may start an uptrend. Martinez defines this model as “a structure that offers a high risk-reward ratio” and says that such structures generally indicate a pre-eruption period.
Notcoin’s Resistance Target and Upside Expectation
According to Martinez, NOT could rise to the previous resistance level at $0.012. If this level is exceeded, a new support level may form and pave the way for a stronger rise. These expectations present an attractive opportunity, especially for investors aiming to make profits in the short term.
Notcoin’s trading volume also increased significantly with this increase. In the last 24 hours, volume increased by 163% to $340 million; This shows that investor interest is increasing. Such volume increases are often considered a potential bullish sign.
Growing Interest and Optimism in the Crypto Community
This activity has created great excitement in the crypto community. While the NOTE price has not been able to exceed $0.0063, which has been a critical level for a long time, it reached $0.0074 with an increase of 17% in recent days. Some investors think that this rise may enable the momentum to shift to the bull market.
Many Telegram-based altcoins are also benefiting from this rising period. TON in particular remains strong despite market corrections. Such moves increase optimism and investor confidence in the crypto market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
