Notcoin (NOT) has recently experienced a price increase, yet many investors are still witnessing losses. The limited selling pressure, due to holders waiting for larger gains, could allow for further price momentum.
Technical indicators, such as a near golden cross and rising ADX, demonstrate growing bullish sentiment and potential for continued NOT growth. EMA trends support this, indicating a shift from bearish to bullish market conditions.
Despite recent surges, 53% of holders remain at a loss, highlighting a significant number of investors awaiting recovery of initial investments. This scenario results in reduced selling pressure and potential for sustained buying momentum.
Increased ADX levels and a possible golden cross formation suggest NOT could potentially climb by 50%. If these bullish technical signals hold, this might mark the beginning of further gains. However, failure to maintain momentum could result in bearish trends and price decline.
The potential for a 50% price rise is supported by technical patterns and a lack of selling pressure, but is contingent on the continuation of upward momentum and confirmation of a golden cross.
