Notcoin price soared 30% on Tuesday, outshining other major altcoins during a relief rally. As Bitcoin staged a notable rebound from the psychological $50,000 level, selling pressure on Notcoin eased significantly. During this pullback, most major altcoins experienced a resurgence in demand, highlighting the traders’ persistent inclination to buy the dip.
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Notcoin Price Rebounds Amid Double Bottom Pattern
Since late July, Notcoin price trajectory on the daily chart has been decidedly bearish, highlighting strong seller dominance. This downturn saw the asset plummet from $0.018 to a low of $0.0085, representing a 52% decline.
However, the falling price witnessed renewed demand pressure at $0.0091, which supported the 93% rally in early July. As market conditions stabilized, Notcoin price sharply recovered to $0.012, simultaneously boosting its market capitalization to $1.274 billion.
According to Coingl
We współpracy z: https://coingape.com/markets/notcoin-price-30-double-bottom-correction-over/
