Notcoin Price Pumps 6% As This Bot ICO Zooms Past $3M

The Notcoin price plummeted 6% in the last 24 hours to trade at $0.002175 as of 10:47 p.m. EST as investors decrease their exposure to the altcoin.

That recent loss by the NOT price was enough to push the crypto to the top of the trending list on CoinMarketCap. 

Notcoin Price Rejected By Resistance After It Tried To Escape Consolidation

Daily chart for NOT/USD (Source: GeckoTerminal)

The Notcoin price was rejected by the resistance level at $0.002304 in the last couple of days, leading to a continuation of the crypto’s sideways trading between this barrier and the $0.001932 support, data from GeckoTerminal shows. 

With the crypto now heading towards that support, a retest of the level is likely in the next 24-48 hours. If this level fails to hold, NOT might fall to the subsequent level at $0.001548 if impatient traders decide to offload their holdings in the crypto.

However, a bounce from the $0.001932 support could finally ignite a rally that will enable the Notcoin price to break through the $0.002304 resistance. In this bullish scenario, the altcoin could gain the room needed to rise to as high as $0.002711 in the short term provided the pressure from buyers persists. 

Technicals Suggest The Notcoin Price Will Continue To Oscillate

From a technical point of view, indicators on the daily chart such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) lean slightly bullish. However, these indicators suggest the Notcoin price’s consolidation will continue in the short term and that the crypto could go either way.

The MACD line is currently positioned bullishly above the MACD Signal line. While this usually suggests that a crypto is in a positive trend, the shrinking MACD Histogram bars warns that buyers’ momentum is starting to weaken. If this continues, it could result in a bearish crossover between the MACD and MACD Signal lines. 

Meanwhile, the RSI is positioned slightly above the neutral 50 mark. Traders often identify this as a signal that bulls have an upper hand over bears. The RSI has, however, dropped in the last couple of days and risks failing below the 50 point. This would indicate a bearish shift in power. 

As the Notcoin price trades sideways, investors are turning their attention to a new presale crypto called Snorter Token (SNORT). According to 99Bitcoins, a popular crypto YouTube channel with over 723K subscribers, SNORT could potentially soar 10X on launch.

A Telegram Trading Bot Built To Capitalize On New Opportunities

Snorter Token introduces a new light-fast trading bot that is designed to help traders capitalize on new opportunities in the market. With this bot, users can snipe new tokens as they emerge, perform sub-second swaps, copy other top traders, and monitor their portfolios in real-time, all from the comfort of the Telegram messaging app.

Trading new tokens can be a risky undertaking, but Snorter bot users can rest assured as the bot comes with advanced protection against common scams in the market, including rugpulls and honeypots. So far, the bot has achieved an 85% success rate in spotting and protecting users from these scams.

All of those trading capabilities and security come with some of the lowest trading fees on the market. By simply holding SNORT tokens, users’ executions costs drop from 1.5% to 0.85%, undercutting all other popular Telegram trading bot rivals currently in the market. 

Initially, the bot will function on the Solana chain, which has been the network of choice for meme coin developers. There are also plans to expand the bot’s functionality to networks that are compatible with the Ethereum Virtual Machine (EVM) in the near future. 

When that happens, there will be very few trade opportunities that will slip by Snorter bot users undetected.

SNORT Presale Blasts Past $3 Million

Investors are already pumping capital into Snorter Token’s ongoing presale, which recently crossed the $3 million mark.

Interested investors can participate in the ICO by purchasing SNORT tokens via the simple buy widget embedded on the project’s website. Selling for $0.1009, SNORT can be bought with either crypto or bank card. 

Once purchased, the tokens can also be staked for an attractive 146% APY.

To secure the best presale deal, investors will want to act fast. SNORT’s price will increase as its ICO progresses. The next ICO price hike is in about 6 hours. 

Check out SNORT on its official website. 

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