Here is What to Expect from Notcoin (NOT), Toncoin (TON) and Mantle (MNT) Prices During the Weekend
The post Here is What to Expect from Notcoin (NOT), Toncoin (TON) and Mantle (MNT) Prices During the Weekend appeared first on Coinpedia Fintech News
Notcoin (NOT) Price Analysis
- The NOT price continues to trade within a descending parallel channel, while trading just below the resistance of the channel
- This shows the bull’s dominance over the rally, which may display a strong breakout as the StochRSI is about to enter the range
- However, the volume remains restricted, which could reduce the pace of the rally and keep the price consolidated along the resistance of the zone
- Therefore, the Notcoin price may remain consolidated for a while, after which a decent rise may occur, breaking the channel’s upper band and reaching $0.02.
Toncoin (TON) Price Analysis
- After marking a new ATH, a few days ago, the TON price continues to trade within the pivotal support zone between $71.6 & $7.34
- This suggests the price is on its way to marking new highs as the technicals have turned bullish following the prolonged consolidation
- The MACD displays a drop in selling volume, with the levels preparing for a bullish crossover and the on-balance volume remaining elevated
- Therefore, the Toncoin price may rebound, rise from the support zone, reclaim the levels above $8, and mark a new ATH above $8.5 shortly
Mantle (MNT) Price Analysis
- The daily chart shows the MNT price trading within a descending parallel channel and after hitting the bottoms, launching a strong rebound
- The price has now risen above the channel, intending to secure the resistance zone above $1 in the coming days
- As the OBV is ascending and the DMI underwent a bullish crossover, the price is believed to maintain a healthy ascending trend
- However, the volume has dropped considerably, which may compel the price to consume more time than required
