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Notcoin Price Prediction: NOT Plunges 34%, But Crypto Crash Can’t Stop This New P2E DOGE Derivative, $5.3 Million In Its Own

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The Notcoin price has plummeted by 34% in the last 24 hours, trading at $0.01032 as of 8:58 AM ET, amid the cryptocurrency crash.

Negative market sentiment overshadowed the announcement that Telegram and TON Games would accelerate development in the NOT ecosystem.

Notcoin Price Prediction

The Notcoin price is consolidating within a descending parallel channel, making a series of lower lows on the daily timeframe. This indicates a bearish outlook in the NOT market, which is further highlighted by the falling Relative Strength Index (RSI), indicating a downward momentum.

The bearish outlook is also reflected in the position of the Moving Average Convergence Divergence (MACD). This moving average is below the signal line (orange band), which is interpreted as a strong downtrend. This suggests that the price is likely to continue to decline in the short term.

If selling pressure persists, the Notcoin price could drop to the lower end of the market range, at $0.00447.

Notcoin price

GeckoTerminal: NOT/USD 1-day chart

On the other hand, if the bulls take the opportunity to buy the dip, a correction may follow. This can happen if the NOT token becomes oversold, which can be seen when the RSI breaks below the 30 threshold.

A pullback would be ideal, but only a stable breakout and close above $0.02095 would allow the Notcoin price to break out of the downtrend.

NOT’s value has fallen by more than a third, but the new PlayDoge (PLAY) ICO is growing even further, raising about $5.4 million.

Cryptocurrency YouTuber Jacob Bury said this is one of the new pre-sale products that has the potential to return 10x the returns to investors.

A promising alternative to Notcoin

PLAY token is the native cryptocurrency of the PlayDoge project, a mobile-based play-to-adult (P2E) game that turns the DOGE meme into a Tamagotchi-style virtual pet.

The project is based on a mascot called ‘PlayDoge’, a virtual dog that acts as a P2E friend, and players earn $PLAY tokens by feeding, training and playing with the 2D dog at appropriate times.

$PLAY runs on the BNB Smart Chain, meaning the token is on the Binance listing team’s radar. As Binance is the largest centralized exchange in crypto, the listing could increase accessibility and liquidity.

Token holders can also stake their PLAY tokens to earn passive returns of up to 107% APY.

You can buy $PLAY tokens for $0.00516 each. The price increase is expected in less than 3 days, so buy quickly if you want to secure the best deal.

Visit PlayDoge here to purchase.

Also read:

PlayDoge (PLAY) – The latest ICO on the BNB chain

Play-dodgePlay-dodge
  • 2D Virtual Dodge Pet
  • Play to earn Meme Coin Fusion
  • Staking and In-Game Token Rewards
  • SolidProof Thanks – playdoge.io

Play-dodgePlay-dodge


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