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

source-logo  coinedition.com 04 June 2024 12:34, UTC

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.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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