The Notcoin price has seen growth despite a broader market retracement, with the potential to rally as it nears its all-time high. The coin has experienced a 4.47% increase in the past 24 hours, reaching $0.017223, although it has also posted a weekly loss of 21.66%. The 24-hour trading volume has surged 61.23%, indicating renewed interest in Notcoin. Technical indicators suggest a positive short-term price movement, but sustainable long-term growth will depend on fundamental factors such as the Federal Reserve’s hawkish stance on potential rate cuts.
The Notcoin uptrend has been revived with a change in momentum over the past 48 hours. The relative strength index has dipped, indicating weakened upward momentum and potential consolidation. Notcoin has failed to rebound from the $0.017688 support level, suggesting that buying pressure may not be strong enough to sustain prices. To see further upside and potentially reach its all-time high, Notcoin will need more significant momentum. The 30-day moving average is trending upward and approaching the 200-day moving average, indicating positive short-term momentum.
The Federal Reserve’s unexpected hawkish stance on rate cuts has created uncertainty in the market, overshadowing softer consumer inflation figures. This has put pressure on the market and created uncertainty among traders. With a market cap of $1.77 billion, Notcoin’s potential for significant future gains is uncertain, leading traders to explore newer low-cap meme coins like WienerAI. WienerAI is a meme coin and AI companion that offers AI-enhanced trading advice, seamless swap functionality, and zero fees. Around 20% of its supply is for staking, with investors earning a massive 200% APY.
WienerAI has raised over $5.5 million in its presale and is gaining momentum in the meme coin market. Investors can potentially double their initial presale investment within months, even amidst market uncertainty. With the oversaturation of Shiba Inu-themed coins lacking utility, WienerAI stands out as a promising option for traders seeking faster and more substantial returns. The coin’s unique features and potential for growth make it an attractive choice in the current market environment, where traditional cryptocurrencies are facing challenges. Investors should carefully consider the risks associated with crypto investments and conduct thorough research before making any decisions.