• 04 July, 2024
Market News News

Analysts Highlight Bullish Trends in DEXE, Fetchai (FET), and Notcoin (NOT)

Crypto aficionados are closely monitoring the bullish signals emerging in several crypto assets. Notably, DeXe (DEXE), Fetch.ai (FET), and Notcoin (NOT) exhibit promising patterns. Top crypto experts analyze the latest trends and price movements, highlighting the potential for significant rallies and strategic trading opportunities.

DeXe (DEXE) has shown a bullish pennant formation in its daily timeframe, suggesting a potential upside breakout. At the time of this publication, the price of DEXE, $12.98, has increased by 6.8% over the past 24 hours and 7.2% in the past week. 

Moreover, as noted by analyst Clifton Fx on X, this pattern indicates the possibility of a massive bullish rally if the breakout occurs. Traders should watch for key resistance levels to gauge the breakout’s strength.

Fetch.ai (FET) has formed a bullish pennant on the daily timeframe chart. Despite 5.2% drop over the week, FET’s support level remains strong at $2.18, with a 24-hour surge of 3%. Crypto analyst ZAYKCharts suggests that a breakout could trigger a bullish wave, presenting an opportunity for swing traders. Another analyst, taqwaayub, highlights that FET is at a good support level, recommending dollar-cost averaging (DCA) for strategic entry points.

Notcoin Soars 33.56% Amid Airdrop Buzz, Tops $1B in Trading Volume: Report

Notcoin (NOT) has experienced a 2.56% uptick in the last 24 hours. Notably, it boasts a staggering 155% increase over the past week, trading at $0.01198. CryptoTony, a top crypto analyst, remains long above $0.01, emphasizing caution due to its recent launch. The significant price movement in NOT underscores the importance of vigilance and strategic trading.

Source: Crypto Tony

DeXe, Fetch.ai, and Notcoin exhibit bullish signals that may present lucrative trading opportunities. Investors should stay informed and monitor these cryptocurrencies closely for potential breakouts and strategic entry points. The current market conditions highlight the dynamic nature of crypto trading and the importance of timely analysis and informed decision-making.

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