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Day: June 18, 2024

Notcoin Faces Bearish Momentum but Traders Remain Hopeful Amid Token Burn and Positive Sentiment

Notcoin Faces Bearish Momentum but Traders Remain Hopeful Amid Token Burn and Positive Sentiment

Notcoin’s price in the crypto market is currently experiencing a bearish momentum, with its price at $0.017, a 12% drop in the last 24 hours. Despite this, the project’s development team plans to buy unclaimed tokens, potentially boosting the price.  The broader market decline has invalidated previous price predictions, and the Relative Strength Index (RSI) indicates decreasing buying momentum, suggesting a possible drop to $0.015.  However, a positive Weighted Sentiment and a favorable Funding Rate indicate trader confidence, which could lead to a price increase if buying pressure rises.  The unclaimed tokens will be burned, which might also contribute to a bullish outlook. Source: AMB CRYPTO