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Notcoin (NOTUSD) Holds Above the $0.00918 Supply Mark

Johnathon Fox
05/30/2024 | UPDATED ON: 05/30/2024

Notcoin (NOTUSD) Price Forecast: May 30
The NOTUSD market holds above the $0.00918 supply mark and remains positive as the bulls are gaining strength at the moment. The bulls are currently gaining strength in the Notcoin market. From the look of things, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might further ladder up to the $0.0100 upper resistance level and beyond.

Key Levels:
Resistance Levels: $0.007, $0.008, $0.009
Support Levels: $0.005, $0.004, $0.003

NOT (USD) Long-term Trend: Bullish (1H Chart)
The NOTUSD pair is experiencing a jolly bullish move and holds above the $0.00914 supply mark in its long-term view. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
Notcoin (NOTUSD) Holds Above the $0.00918 Supply Mark
The sustained bullish pressure was able to push the coin price and hold above the $0.00829 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.

Today, the market price of Notcoin at the $0.00936 high level which holds above the moving averages as the 1-hourly chart opens implies that the price action is in an uptrend, and from the way it is at the moment, it will keep growing.

Hence, there is a tendency for the coin to rise further and hold above the 0.00989 previous supply mark, if the support level holds, this will enable buyers to take the price up to a high of $0.0100 level soon in its long-term perspective.

NOT (USD) Short-term Trend: Bullish (15-Minute Chart)
Despite the interference of short-term traders in the price flow, the NOTUSD pair still holds above the $0.00918 supply mark on the lower time frame. The coin price can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market.
Notcoin (NOTUSD) Holds Above the $0.00918 Supply Mark
The bulls bravely held and sustained above the $0.00852 supply mark during yesterday’s session. This made it possible for the price to rise further in recent times.

Today’s market value of Notcoin is at a $0.00936 high value as the 15-minute chart opens today holds above the moving average and affirms the presence of more buyers in the market.

In addition to that, with the daily stochastic pointing upwards, the NOTUSD price might continue to hold above the resistance trend line: thus, a psychological key level at the $0.0100 supply level might be reached soon in its short-term time frame.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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