The post Here is What to Expect from Notcoin (NOT), Toncoin (TON) and Mantle (MNT) Prices During the Weekend appeared first on Coinpedia Fintech News
Notcoin (NOT) Price Analysis
The NOT price continues to trade within a descending parallel channel, while trading just below the resistance of the channel
This shows the bull’s dominance over the rally, which may display a strong breakout as the StochRSI is about to enter the range
However, the volume remains restricted, which could reduce the pace of the rally and keep the price consolidated along the resistance of the zone
Therefore, the Notcoin price may remain consolidated for a while, after which a decent rise may occur, breaking the channel’s upper band and reaching $0.02.
Toncoin (TON) Price Analysis
After marking a new ATH, a few days ago, the TON price continues to trade within the pivotal support zone between $71.6 & $7.34
This suggests the price is on its way to marking new highs as the technicals have turned bullish following the prolonged consolidation
The MACD displays a drop in selling volume, with the levels preparing for a bullish crossover and the on-balance volume remaining elevated
Therefore, the Toncoin price may rebound, rise from the support zone, reclaim the levels above $8, and mark a new ATH above $8.5 shortly
Mantle (MNT) Price Analysis
The daily chart shows the MNT price trading within a descending parallel channel and after hitting the bottoms, launching a strong rebound
The price has now risen above the channel, intending to secure the resistance zone above $1 in the coming days
As the OBV is ascending and the DMI underwent a bullish crossover, the price is believed to maintain a healthy ascending trend
However, the volume has dropped considerably, which may compel the price to consume more time than required