Notcoin (NOTUSD) Price Forecast: August 19
The NOTUSD outlook today indicates that the crypto price might increase further as the bulls are currently offering some assistance to the coin price by driving it higher a bit. The crypto price is very likely to continue growing further as we are seeing a bullish correction in place. Therefore, an increase in the bulls’ pressure might break the previous supply at the $0.0150 level and swing up the coin price to a significant level at the upper channel, suggesting growing investors’ interest.
Key Levels:
Resistance Levels: $0.0112, $0.0113, $0.0114
Support Levels: $0.0106, $0.0105, $0.0104
NOT (USD) Long-term Trend: Bearish (4H Chart)
The coin market chart shows that the NOTUSD price might increase further, and this may continue in its long-term view. The price bar can be seen below the EMA-50, indicating the price remains bearish.
The bears’ action on the crypto at the $0.0106 supply level in the past session has contributed to its bearishness in its recent price level.
Today, the Notcoin price at a $0.0180 supply mark below the EMA-50 might increase further as the bulls walk into the market to push the crypto price further.
Now, if the price on the 4-hourly chart closes above the current level, then there is a high probability that the Notcoin price might increase further to touch its previous high of $0.0150 supply trend line.
In addition, further upsides are likely as the price of Notcoin indicates an uptrend on the daily signal, implying that the coin price might increase further as the bulls continue to dictate the price action of the market. This might extend the coin price to a $0.0160 high trend line in the days ahead in its long-term outlook.
NOT (USD) Short-term Trend: Bullish (1H Chart)
The NOTUSD pair remains bullish and shows that the price might increase further as it remains slightly above the moving average, confirming its bullish trend.
The successful pullout by the bulls to a $0.0106 high mark in the last session has sustained the crypto price above the resistance level in its recent high.
The NOTUSD price breakout at the $0.0180 resistance value, slightly above the EMA-50 as the 1-hour chart opens today, indicates the high buying impact from the bulls, resulting in intraday gains.
However, the currency pair might increase further, if the buy traders break up the $0.0150 previous high level, maintaining a further growth potential for the buy traders.
Further, NOTUSD price might increase further and continuation to the north is likely as the market points up on the daily stochastic, buyers are expected to move the crypto price forward, as a result, the cost might increase further to hit the $0.0160 resistance trend line as the journey up north continues in its short-term outlook.
Buy Notcoin on Longhornfx
Leave a Reply