The Notcoin Price 25% Rally for Christmas is for non-traders.

NotCoin (NOT) has been in a steady decline since June, experiencing significant price declines. However, recent developments suggest that this may change for the Telegram-based cryptocurrency.

The famous 25% rally sparked optimism, giving traders a much-needed boost. As positive sentiment grows in the Notcoin community, this could signal an upward momentum shift.

Notcoin has great support.

Over the past month, Notcoin's funding volume has remained consistently positive, reflecting the overall optimism among traders. Although prices did not fall in October, traders maintained their positions as funding volume showed strong confidence. This resilience in the face of price declines suggests that Notcoin fans are confident about the recovery, demonstrating the community's stable long-term support.

Such continued optimism is a promising sign for the future. The positive volume, coupled with the recent price action, suggests that investors believe in Notcoin's transformative potential. If this sentiment persists, it may provide the necessary stability to avoid building on recent gains and overcome resistance levels.

Notcoin's macro momentum is starting to show strength supported by technical indicators such as the Relative Strength Index (RSI). The RSI is currently gaining momentum, indicating that buying interest is increasing. However, to sustain this advance, there is no need to turn the neutral line on the RSI at 50.0 into a support level.

Achieving this support on the RSI indicates continued bullish strength, encouraging further investor interest. In order not to continue the recent rally, this level of momentum must continue. Without a strong foundation, Notecoin may struggle to hold current gains, highlighting the importance of current growth indicators.

Not a price forecast: recovering losses

Notcoin price increased by 25%. This volatility reflects the increasing buying pressure, and the altcoin is now looking to continue this momentum in hopes of reaching higher targets.

The broader market's bearish sentiment could aid Notcoin's growth if investors resist the urge to book profits too soon. If successful, the NOT target could reverse the resistance at $0.0094 to the support level, consolidating the position and generating further gains.

However, Notcoin has already struggled to close above the $0.0083 resistance level. Another failed breach at this price point could result in a return to $0.0070. A fall below this level would invalidate the current bullish outlook, which could push it back to the recent support at $0.0057, indicating a retracement to the downside.