As of the latest chart for $NOT we observed a minor pullback after reaching a high of 0.021000. The price has now corrected to 0.019173, marking a 55.69% increase for the day. Key indicators suggest potential next moves:
1. Volume and Volatility: The 24-hour volume has increased to 58.64 billion NOT and 918.23 million USDT, indicating heightened trading activity. Such volumes often lead to either a continuation of the trend or a significant reversal.
2. Moving Averages (MA): The price remains above the MA(7), MA(25), and MA(99), suggesting that the overall trend is still bullish. The current levels are MA(7) at 0.019243, MA(25) at 0.017614, and MA(99) at 0.014932. This alignment often supports a continuation of the upward trend.
3. RSI - Relative Strength Index: The RSI has decreased to 56.531, down from the previous overbought level above 90. This indicates that the market is cooling off from the intense buying pressure and might consolidate before making the next move.
4. Order Book Sentiment: The bid-to-ask ratio is heavily in favor of #buyers with 75.20% bids compared to 24.80% asks. This strong buying interest could support further price increases if sustained.
#Prediction
Given the recent pullback and current technical indicators, $NOT might experience a period of consolidation within the range of $0.018500 to $0.020000. If the buying pressure continues and the price sustains above the short-term moving averages, a retest of the $0.021000 level is likely. However, traders should be cautious of potential volatility and set appropriate stop-loss orders to manage risk.

In #summary while the #bullish trend remains intact, watch for #consolidation and potential volatility before the next upward move.

Hey crypto fam! 🚀 As we sail through the crypto seas, we're currently riding the waves of a market consolidation. Let's dive into how we can navigate this mixed bag of a market with some savvy strategies.The Current SceneRight now, the crypto market is like a game of chess – a lot of strategic moves but not much action. Bitcoin's chillin' below $40K, while altcoins are playing a game of tug-of-war. Some, like Ethereum Classic ($ETC ), are showing an uptrend, predicted to rise in the coming days. 📈Spotlight on ETC and OthersETC's been a little star lately, gaining over 11% in the last month. Why? Maybe it's the tech, maybe it's market sentiment – but it's got traders' attention. Let's keep an eye on such altcoins that are defying the overall market vibes.Sideways Market StrategiesIn a market that's moving sideways, it's all about strategic plays. Think about:- Short-term trades based on technical analysis.- Setting tight stop-losses to minimize risks.- Looking for coins showing unusual activity – there might be opportunities there.Thinking Long-TermRemember, fam, Rome wasn't built in a day, and neither is a solid crypto portfolio. In times like these, think long-term:- Rebalance your portfolio if needed.- Research and invest in projects you believe have future potential.- Keep hodling if you believe in your coins' long-term value.Let's Hear It from YouWhat's your move in this market? 🤔 Are you spotting any altcoins that are looking promising? Drop your thoughts in the comments!Stay sharp, stay patient, and let's navigate these waters together. Until next time, keep your eyes on the horizon and your hands steady on the wheel! 🌊🛥️#consolidation #AltcoinOpportunity #LongTermGoals

Analysts have named three signs of the onset of the parabolic growth phase of the bitcoin #exchange rate, during which the cryptocurrency should rise in price to $240,000.

Kush Alemzadeh published a logarithmic chart showing that on October 21, the bitcoin price overcame a key resistance barrier at $68,419. A consolidation above this barrier would mark the end of the period that emerged at the end of 2022.

Secondly, experts from the analytics company CryptoQuant noticed that cryptocurrencies began to behave exactly the same way they did in 2020 after the sharp drop in the value of
amid the start of the coronavirus pandemic. Just like four years ago, crowdfunders are actively buying up coins, waiting for the start of the bull rally.

And finally, thirdly, the stock of #Stablecoins is drying up. An analyst, known under the pseudonym Doctor Magic, recorded a drop in the capitalization level of the leading cryptocurrencies with a stable rate Tether (USDT), USD Coin ($USDC
) and Dai (DAI), which began in September 2024. This fact indicates that traders are exchanging stablecoins for fiat currency and spending the proceeds to buy bitcoins and other digital assets.

If the scenario of the parabolic growth phase of bitcoin price, which is based on historical data, works out, #BTC☀ will rise to $240,000 by the end of spring 2025. In this case, buying coins at their current value will allow you to increase your capital almost three and a half times.
#UptoberBTC70K?