Notcoin (NOT) Surges 60% as Bulls Re-emerge to Control Market

Notcoin Analysis. Source: TradingView

On the same day, NOT’s price crossed above its 20-day exponential moving average (EMA) and 50-day small moving average (SMA).

An asset’s 20-day EMA measures its average price over the past 20 trading days, while the 50-day SMA tracks the average closing price of an asset over the past 50 days.

Notcoin Analysis. Source: TradingView

When an asset’s price rises above these key averages, it indicates bullish momentum. It suggests the asset is experiencing an uptrend and positive sentiment among traders.

NOT Price Prediction: The Bulls Maintain Their Grip

As of this writing, the token’s weighted sentiment is above the zero line at 0.05. This metric tracks the overall mood of the market regarding an asset. It considers the sentiment trailing the asset and the volume of social media discussions.

Notcoin Weighted Sentiment. Source: Santiment

When the value of an asset’s weighted sentiment is above zero, most of its discussions on social media platforms are fueled by positive emotions.

If NOT continues to enjoy this positive bias, its price might rally to exchange hands at $0.017.