Notcoin (NOT) and DOG•GO•TO•THE•MOON (DOG) Defy Market Trends with Price Surge

Published 04/06/2024, 12:31
Updated 04/06/2024, 13:15
Notcoin (NOT) and DOG•GO•TO•THE•MOON (DOG) Defy Market Trends with Price Surge

Coin Edition -

  • Notcoin surges 20%, hitting $0.02643 despite market corrections, with market cap soaring to $2.64B.
  • DOG skyrockets 20.33%, peaking at $0.0095 as trading volume jumps 144.84%.
  • Notcoin’s trading volume drops 55.37%, yet bullish momentum continues with the next resistance at $0.0289.

In the last 24 hours, Notcoin (NOT) has defied the broader market correction, surging over 22% to $0.02561. Despite encountering resistance at $0.02643, the cryptocurrency has maintained its upward trajectory. As of press time, NOT was exchanging hands at $0.02561, a 22.93% surge from the intra-day low.

However, despite some volatility and resistance, the NOT price maintained a generally upward trajectory. Accompanying this rally, the NOT trading volume substantially decreased by 55.37% to $2,068,903,697 from the previous period. This trend suggests a reduction in trading activity, with traders taking profit from the recent surge.

NOT/USD 24-hour price chart (source: CoinMarketCap)

Subsequently, NOT’s market capitalization increased by 20% to $2,644,236,318, reflecting increased investor interest. If bullish momentum breaches the $0.02643 resistance, the next resistance levels to watch for would be $0.0289 and $0.0305. However, if bearish momentum takes over, support levels to monitor would be $0.0248 and $0.0221.

DOG•GO•TO•THE•MOON’s Price Surge

DOG•GO•TO•THE•MOON (DOG) also exhibited a price surge, increasing by 20.33% over the last 24 hours. The price ascended steadily from a low of approximately $0.00734 to a peak near $0.0095. This peak is a potential resistance level, as the price corrected downwards after reaching this point. As of press time, DOG was trading at $0.008636, a 17% surge from the support level.

Concurrently, DOG saw an increase in trading volume by 144.84% to $88,317,074, indicating heightened investor interest and a very active trading session. Such a rise in volume often points to strong buying pressure that supports the price increase. Moreover, the DOG’s market capitalization grew by 20.99% to $882,122,088, reflecting investor interest.

DOG/USD 24-hour price chart (source: CoinMarketCap)

If this bullish momentum maintains the trend and breaches the $0.0095 resistance, the following potential resistance levels to watch for are around $0.01 and $0.012. These levels may challenge further price appreciation, but substantial volume and market capitalization growth could help support a breakout above these resistance points. Subsequently, if the bears seize market control, the price may face a pullback toward the $0.008 support level before potentially finding additional buying interest.

The post Notcoin (NOT) and DOG•GO•TO•THE•MOON (DOG) Defy Market Trends with Price Surge appeared first on Coin Edition.

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