Notcoin (NOTUSD) Price Forecast: September 4
The NOTUSD bullish run may continue to a new high as the bulls begin the new correction pattern, projecting the potential for renewed bullish momentum. Meanwhile, the coin price will most likely continue its bullish run and the price could still go higher if the price can break up the $0.0124 barrier. The $0.0130 upper resistance level might be the target, signaling the potential for significant gains as the uptrend resumes.
Key Levels:
Resistance Levels: $0.0075, $0.0080, $0.0085
Support Levels: $0.0120, $0.0125, $0.0130
NOT (USD) Long-term Trend: Bearish (4H Chart)
The NOTUSD market bullish run may continue following the bulls’ return to the market to stage a play in its long-term outlook. The price is below the supply threshold, suggesting a bearish momentum.
The bears’ activities on the coin to a $0.0078 low mark in the previous session also contributed to its bearishness in its recent price level.
The Notcoin price increase by the long traders to a $0.0084 high value below the EMA-50 shortly after today’s 4-hour session opens, suggests the returns of the coin investors and the bullish run may continue.
However, the Bitcoin price may continue trading above the $0.0083 threshold if all the current support holds and the bulls could add more energy to their buying momentum.
Based on the outlook, the bullish run may continue and go higher above the $0.0128 previous high mark, if additional strength is added to the buying pressure. Hence, the bullish run may continue to hit the $0.0130 high level soon in its higher time frame.
NOT (USD) Short-term Trend: Bullish (1H Chart)
The short-term market value of Notcoin may continue its bullish run while the crypto keeps moving toward the overhead resistance. The coin price is above the supply threshold and remains bullish, indicating investors’ high confidence and interest in the crypto.
During yesterday’s session, the pair reached and held the $0.0083 resistance level, making it possible for the coin to continue the bullish run above the supply threshold in its recent high.
The NOTUSD price breakout at the $0.0084 resistance value above the EMA-50 as the 1-hour chart opens today indicates the high buying impact from the bulls resulting in intraday gains.
Moreover, the bullish run may continue if buyers can redouble their efforts to forecast a bullish increase in the market above the $0.0095 supply mark, as the price pattern warns of prolonged buying with the double bottom forming in the short-term chart.
Additionally, the NOTUSD bullish run may continue trading above the supply threshold and increase further as indicated by the daily signal pointing upwards. In light of this, the price might bounce up to the $0.0130 upper resistance level in the coming days in its short-term time frame.
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