Optimism Rises as Notcoin (NOT) Traders React to Double-Digit Increase
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The price of Notcoin (NOT), a native token of a tap-to-earn game, rose by 24.93% in 24 hours following a two-month low of $0.0082.
The rise in the Long/Short ratio indicates that traders expect further price increases. Data from Coinglass confirms this bullish sentiment.
On-chain data from Santiment shows an increase in Open Interest (OI), which correlates with NOT’s price increase. Historical data supports this trend, showing that a rise in OI often leads to price hikes.
Price predictions suggest that if buying pressure continues, NOT token could reach $0.013, but it might drop to $0.0085 if selling pressure resumes.
Source: beincrypto.com ↗
