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Notcoin price is down 3% in the last 24 hours and 35% in the last month Trading at $0.008156 As of 00:27 AM ET, trading volumes were up 26% to $151 million.
The NOT price drop coincides with the Toncoin price drop during the same period, which was mainly driven by Pavel Durov’s arrest and the TON blockchain congestion last week.
As the TON blockchain resumes its normal operations, could the price of TON rise? Notecoin Recovery?
Notcoin Price Heading For Breakout
According to data from Gecko TerminalNotcpoin price defied the bullish outlook suggested by the triple bottom pattern between August 9 and August 25, falling from the $0.012 resistance area right after Durov’s arrest.
Last week, Notcoin price was trading within a falling wedge pattern. The stock is now also trading below the 50 and 200 simple moving averages (SMAs) on the 4-hour chart, confirming the current downtrend.
The Relative Strength Index (RSI) is also trading in the neutral zone. The RSI is currently at 45, showing early signs of a potential bounce.
If bulls buy more at this level, the price will Notecoin The price of NOT may rise as buyers take advantage of the falling wedge pattern to take off. In this scenario, the price of NOT may rise to $0.0105 (200 SMA).
However, if NOT manages to break below the wedge, the price could drop further to the major support level at around $0.0077.
Meanwhile, investors are capitalizing on the Paralympics hype by buying up the new meme coin. Meme Games (MGMES)which has raised over $407,000 so far through ongoing presales.
An analyst from the popular YouTube channel 99Bitcoins says that MGMES has the potential to rise 100x after its launch.
Meme Games Pre-Sales Reach Over 407K Coins – Is It The Best Meme Coin To Buy Right Now?
M͏eme Games is revolutionizing the meme coin space with its unique gameplay. It brings together popular meme crypto characters in an Olympic-style competition. M͏M͏GMES is your ticket to glory in this exciting crypto event.
The project offers an exciting fusion of the competitive spirit of the Olympics and the vibrant and fun-filled ecosystem of meme coins.
Breaking news about cryptocurrencies
Meme Games raised over $100,000 in the first 24 hours of its presale, drawing attention in the booming memecoin sector. #Partner Content Visit us @ https://t.co/8dh137buUp pic.twitter.com/YwzyP2glE4— InnovatekMobile (@Neome_com) July 17, 2024
Through The Meme Games, investors back a meme of their choice to compete in a blockchain-based version of the Olympic Games. Their backers will receive a 25% bonus if they win.
͏The Meme Game sets itself apart from other meme coins in the crypto space. The combination of elements of competition, chance, and reward creates an interactive experience. Participants are actively playing a game with every pre-purchase where every decision can lead to greater rewards.
As a token holder, you also have the opportunity to earn money passively through the project’s staking mechanism. All you have to do is: Buy and Deposit MGMES To get an annualized return (APY) of 472%.
You can buy MGMES tokens now for $0.0094 each. Since the price will increase in about a day, buy soon to get the best deal.
To join the pre-sale, Buy MGMES from the official website here Using ETH, BNB, USDT or bank card. Buy now to earn 25% bonus on your investment.
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