Notcoin (NOTUSD) Price Forecast: June 10
The NOTUSD pair is rising today and on its way to new resistance trend levels. The coin is moving upward after hitting the $0.0201 low level, indicating a pump. Thus, a significant push from the present price at the $0.0205 supply value above the supply trend levels at the $0.0293 high level will place the cryptocurrency in a bullish trend, which might extend to the $0.0300 upper resistance level, resulting in immediate gains for buy trades.
Key Levels:
Resistance Levels: $0.0220, $0.0221, $0.0222
Support Levels: $0.0213, $0.0212, $0.0211
NOT (USD) Long-term Trend: Bearish (1H Chart)
NOTUSD price is making its way to new supply trend levels with a bearish sentiment in its long-term perspective. The coin is trading below the EMAs. However, the current trend will soon be nullified as the market has now resumed its bullish race to new supply trend levels.
The prolonged negative pressure at the $0.0191 support value has caused the cryptocurrency price to go below supply levels in recent times. However, the bulls are now poised to push the coin price much higher to its new resistance trend levels.
Today’s 1-hourly chart shows the Notcoin price facing new supply trend levels and trading at the $0.0205 correction level due to the bulls’ gradual return to the market. Furthermore, rising prices provided additional confirmation for a bullish comeback.
With strong buying pressure and high market sentiment, the cryptocurrency can hit the $0.0293 previous high point to maintain its upward trend and attract new investors.
Furthermore, the daily stochastic is still trending upward on the daily stochastic. As a result, if coin purchasers can break above the $0.0293 previous supply trend line, market participants may see a new rebound rally that will most likely reach the $0.0300 high mark in the next days as the coin price makes its way to new supply trend levels in its higher time frame.
NOT (USD) Short-term Trend: Bullish (15-Minute Chart)
The short-term market value of Bitcoin is in a bullish direction. The coin price is making its way to the new supply trend levels above the EMA-50. This confirms a bullish trend with huge volumes from the bulls.
During yesterday’s session, the pair reached and held the $0.0195 resistance level. This has made it possible for the coin to face the new supply trend levels and remain in an uptrend in its recent high.
Today’s daily bullish candle at $0.0205 supply value above the EMA-50 confirms the bulls’ supremacy in the market. This breakup has the potential to boost the bullish momentum and extend the ongoing correction to a new resistance trend level at the $0.0223 previous higher level, putting the NOTUSD market more on the buy side.
Additionally, the price of Bitcoin might continue to face the new supply trend levels and increase further as indicated by the daily signal pointing upwards. In light of this, the price might bounce up to the $0.0300 upper resistance level in the near days and beyond in its short-term time frame.
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