Toncoin (TON) And Notcoin (NOT) Price Hints A 100% Surge This June?
The post Toncoin (TON) And Notcoin (NOT) Price Hints A 100% Surge This June? appeared first on Coinpedia Fintech News
The cryptocurrency market continues to display a consolidated price action with top tokens such as Bitcoin and Ethereum recording a neutral trend for over the past week. This highlights a reduced buying and selling pressure in the crypto space.
However, Toncoin and Notcoin record a strong bullish sentiment by adding significant value to their respective portfolio over the past week. With the rising bullish sentiment, will TON and NOT tokens dominate the crypto market this June?
TON Price Displays A Bullish Price Action:
After displaying a neutral trend over the past week, the Toncoin price has recorded a surge of 230% in its trading volume and has added 4.36% within the past day. Furthermore, it has jumped 25% over the past 30 days, indicating a rising bullish sentiment for the crypto token in the market.
Positively, the Toncoin crypto has surpassed Cardano (ADA) to become the 9th biggest cryptocurrency in the crypto market. Moreover, the TON token has a market cap of $16.30 Billion when compared to the ADA coin which has a market cap of $16.22 Billion.
The Relative Strength Index (RSI) successfully retests its mid-point, resulting in it heading toward the overbought range. Moreover, the average shows a bullish curve, suggesting the price will continue gaining value in the coming time.
If the market continues to gain momentum, the Toncoin crypto price will break its important resistance level and prepare to retest its all-time high of $7.65. Conversely, a bearish reversal could pull the TON coin price toward its support level of $6.325.
Notcoin (NOT) Price Analysis:
The NOT coin price continues to display a bullish price action by recording a jump of approximately 10% within the past day. Notably, the altcoin has added 270% within the past week and 47.49% over the past 30 days.
At the time of writing, the price of the Notcoin (NOT) token was $0.02143 and had a circulating supply of 102,719,221,714 NOT tokens. With a market cap of $2.176 Billion, the Notcoin crypto has secured the 53rd spot in the global crypto market list.
The technical indicator, MACD, displays a sharp decline in the green histogram, indicating an increase in the selling-over-buying pressure in the crypto market. Furthermore, the averages show a high possibility of a bearish convergence, suggesting a negative outlook in the coming time.
If the bulls regain momentum, the Notcoin crypto will prepare to retest its upper resistance level of $0.02945. However, if the bears continue to dominate the market, the NOT token will plunge toward its important support level of $0.01910.
