Despite this recent gain, the NOT price is still more than 12% in the red on the weekly time frame. Its monthly performance is also negative after the crypto dropped 32% over the past 30 days.
The Notcoin price pumped over 5% in the last 24 hours to trade at 6:13 a.m. EST as investors rush to buy the altcoin.
Despite this recent gain, the NOT price is still more than 12% in the red on the weekly time frame. Its monthly performance is also negative after the crypto dropped 32% over the past 30 days.
The Notcoin Price Hovering Above A Key Support
4-hour chart for NOT/USD (Source: GeckoTerminal)
The Notcoin price is resting on the key support level at $0.007840. Should it drop below this technical safety net in the coming 24 hours, the altcoin could be at risk of falling to the subsequent mark at $0.006122.
On the other hand, NOT maintaining a position above the $0.007840 mark for the next 24 hours might invalidate the bearish thesis. In this alternative scenario, traders could identify the Notcoin price as a good buy opportunity. With this potential buy pressure, the crypto might attempt to flip the $0.010092 resistance into support. Thereafter, it could rise to $0.012343.
Technicals Suggest The Notcoin Price Will Keep Climbing
From a technical perspective, indicators suggest the Notcoin price might keep climbing in the coming 24 hours. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators show positive signs.
RSI readings have started to rise in the last couple of hours. Traders could see this as a sign of increasing buyer strength, which might result in the Notcoin price rising in the short term. What’s more, the positive slope of the RSI line suggests bulls are still accumulating strength against their bearish counterparts.
Meanwhile, a major bullish technical flag is on the verge of being triggered by the MACD indicator on the 4-hour chart. Throughout the past day of trading, the MACD line rose towards the MACD Signal line. An intersection between these two indicators in the next 24 hours might signal that the Notcoin price has entered a short-term positive cycle.
While NOT shows bullish signs, investors continue to pour capital into the layer-2 meme coin Pepe Unchained (PEPU) for potential parabolic gains.
Setting Pepe Free From Its Ethereum Shackles
PEPE has managed to climb the crypto ranks to be one of the leading meme coins in the space. However, its momentum has hit a roadblock due to the high fees and slow transaction times that plague cryptos on the Ethereum blockchain. Pepe Unchained (PEPU) aims to elevate the beloved meme coin to the next level through the launch of its own layer-2 network.
By having its own dedicated chain, the PEPE meme will achieve much higher speeds. Investors will be able to enjoy these lightning-quick speeds through the PEPU token. Holders of the meme coin will also be able to send and receive crypto at substantially lower costs.
Despite residing on its own chain, PEPU allows investors to seamlessly shift their value between the Pepe Unchained and Ethereum networks. This unlocks the dual benefit of Ethereum’s robust security and Pepe Unchained’s unmatched speeds.
With everything Pepe Unchained has to offer, it’s easy to see why an analyst from the renowned crypto educational platform 99Bitcoins believes PEPU is the best crypto to buy now.
On Track To Hit $11 Million In Funding Soon
Investors have sent more than $10.9 million to Pepe Unchained’s ongoing presale, signaling strong investor confidence in the project’s future. It might only be a matter of time before the ICO surpasses the $11 million fundraising mark given the 183% on offer to buyers who stake PEPU at this early stage.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
? Instant bridging between ETH and Pepe Chain? Lowest transaction fees? 100x faster transaction speeds compared to ETH? Dedicated Block Explorer
Get ready to join the future with Pepe Unchained! ⛓️? pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Anyone can become eligible for these high rewards. All investors have to do is acquire the meme coin through the simple buy widget embedded on the project’s website, and then lock up the tokens via the satking page.
Selling for $0.0093477, PEPU can be bought using either ETH, USDT, BNB or bank card. Potential buyers will want to act fast, because the token’s price is scheduled to increase during the subsequent stages of its ICO. The next price adjustment will take place in less than 24 hours.
Purchase
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