NOT, WIF face sharp sell-offs: A look at key market indicators

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Notcoin [NOT] and dogwifhat [WIF] have shed their most recent gains. The two altcoins have witnessed double-digit price declines in...

, NOT’s value dropped by 35%, while WIF’s price dipped by 21%. At press time, NOT exchanged hands at $0.016, and the memecoin WIF traded at $2.62.Following its launch on the Toncoin network on 16th May, NOT’s value climbed to a peak of $0.02 on 2nd June.

Further, the value of NOT’s Aroon Up Line was 35% at the time of writing. This indicator identifies the strength of an asset’s price trends and potential reversal points. At its current price, NOT traded close to its 20-day exponential moving average , which tracks the token’s average price in the past 20 days.

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