CandleFocus

Notcoin price left in the dust as a rare pattern points to a 220% surge

Notcoin (NOT) has experienced a significant decline in value, down 78% from its highest point this year, while other cryptocurrencies have been gaining. This decline has also affected other tap-to-earn tokens like Catizen, Hamster Kombat, and DOGS. The fading hype and decreasing number of Notcoin users are likely reasons for its decline. Similar trends have been observed in play-to-earn games, including Axie Infinity, Decentraland, and The Sandbox. However, there are indicators suggesting that Notcoin could stage a strong comeback, such as falling open interest and a falling wedge pattern in its price. A potential rebound could push the price to $0.02, representing a 220% increase from the current level.

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