Notcoin (NOT) Price Could Climb 50% If This Happens

With TON’s price still well below the levels observed in August, July, and June, it suggests that a large number of holders are waiting for prices to rise further before selling. The fact that many are still at a loss even after a 10% surge means there is less incentive for these investors to sell at current levels, as they would prefer to recover their original investments or gain profits.

This scenario reduces the likelihood of immediate selling pressure, as holders are likely expecting further price growth. As a result, the current market environment may benefit from sustained buying momentum without the overhanging threat of significant sell-offs in the near term.

Notcoin Current Trend Is Getting Stronger

The ADX for NOT is currently at 34, up from 18 just one day ago. This sharp increase in the ADX suggests that the strength of the trend has significantly grown in a very short time frame. When the ADX rises above 25, it typically indicates that a trend is gaining momentum, and with the current level at 34, it confirms that NOT has entered a strong trend.

The rapid rise from 18 to 34 highlights a marked shift in the direction of the TON price, pointing towards increasing investor interest and a strengthening direction in the price movement.

The Average Directional Index (ADX) is a metric used to determine the strength of a trend, regardless of whether the trend is upward or downward. An ADX value above 25 generally indicates a strong trend, while lower values suggest a lack of momentum or a consolidating market.

NOT ADX. Source: TradingView

With NOT recently entering an uptrend and the ADX now at 34, it shows that the current upward momentum is strong. This suggests that the recent price growth might just be the beginning, as the strength of the trend implies continued buying interest and the potential for further gains.

The combination of a newly established uptrend and a strong ADX level makes a compelling case that the price could continue its upward trajectory, as market participants seem to be committed to sustaining this growth.

NOT Price Prediction: Can TON Grow By 50% In The Next Few Days?

NOT’s EMA lines are currently nearing the formation of a golden cross, which is a significant technical indicator in trading. A golden cross occurs when a shorter-term EMA (Exponential Moving Average) crosses above a longer-term EMA, signaling the potential start of a bullish market trend.

The EMA lines being close to this crossover suggests that the current momentum in price action is gaining strength, which, if confirmed, may lead to more substantial upward movement. Traders often look at this formation as a signal to enter long positions, anticipating that the price may rise further.

EMA lines represent the exponential moving averages of a cryptocurrency’s price over a specific period, placing more weight on recent data to reflect current trends more accurately. When the shorter-term EMA crosses above the longer-term EMA, it often signals a shift from a bearish to a bullish market trend.