The post Here’s What’s Next for Toncoin (TON) & Notcoin (NOT) Prices This Month appeared first on Coinpedia Fintech News
The crypto markets are experiencing a roller coaster ride as, after a small upswing, the Bitcoin price has again begun to consolidate as the bulls fall short of strength. In the meantime, the prices of altcoins like Toncoin (TON) and Notcoin (NOT) are not only holding support but are also maintaining a steep ascending trend. In the middle of a crucial ascending trend, the prices display some strength and are about to hit a major resistance.
Toncoin (TON) Price Analysis
The Toncoin price has risen within a bullish range and is about to mark the average range of the pattern. The swelling strength of the bulls suggests that the bulls are now poised to mark a 2-digit figure in the coming days.
The TON price has been trading within a rising parallel channel after plunging below the support. However, the token has rebounded finely, began to rise since the beginning of the month and surged by nearly 45%. The token is about to test the average bands of the channel and as RSI remains incremental, the possibility of an extended trend remains high. Besides, the DMI is about to undergo a bullish crossover, which may elevate the levels to form a new ATH at $8.55 very soon.
Notcoin (NOT) Price Analysis
The Notcoin price had raised above the decisive symmetrical range and despite a breakdown, the token is about to reclaim a bullish trend. After the rebound from the interim lows at around $0.0095, the NOT price is expected to rise above the resistance at $0.01324. Further, rising beyond $0.15 may validate a strong ascending trend, but the bulls are expected to lose strength before reaching these levels.
The bulls are trying very hard to push the prices above the range and reach crucial resistance levels. After a strong rebound, the DMI, which was neutral, is about to undergo a bullish crossover, which may push the levels beyond $0.01324. If the bulls sustain above these levels, they will rise to the resistance zone between $0.01667 and $0.01750. This may validate a rise beyond the bearish influence and a bullish continuation to form a new ATH above $0.03.