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Notcoin (NOTUSD) Price May Continue Trading above the $0.0201 Threshold

Johnathon Fox
06/15/2024 | UPDATED ON: 06/15/2024

Notcoin (NOTUSD) Price Forecast: June 15
NOTUSD is currently trading in a strong bullish market. The coin may continue to increase further, if the bulls could add more strength to their potential buying and the market price sustains above the $0.0215 high mark, the potential rally could surge above the $0.0250 higher level to hit the $0.0300 upper resistance value and beyond.

Key Levels:
Resistance Levels: $0.0220, $0.0221, $0.0222
Support Levels: $0.0201, $0.0200, $0.0199

NOT (USD) Long-term Trend: Bullish (1H Chart)
The NOTUSD price may continue trading above the supply threshold despite the moves from the bears on the long-term chart. The momentum on the long-term outlook is still in an uptrend despite the inflows from the sell traders. The price bar can be seen above the EMA-50. Thus, the bulls are capable of pushing higher from this trend line.
Notcoin (NOTUSD) Price May Continue Trading above the $0.0201 Threshold
The bulls were able to push the coin to the resistance area in the previous action and sustained it. This has enabled the coin to continue trading above the supply level in recent times.

The price increase by the long traders to a $0.0204 high value above the EMA-50 shortly after today’s 1-hour session opens suggests an uptrend in the context of the strength of the market and also shows that buyers are still in dominant of the price actions at the present.

However, the Notcoin price may continue trading above the $0.0201 threshold if all the current support holds and the bulls could add more energy to their buying momentum.

Based on the outlook, should the bulls go higher and close above the $0.0215 high mark, a bullish breakout confirmation will reflect the improved market sentiment. Hence, the coin price may continue trading above the $0.0201 threshold to hit the $0.0300 high level soon in its higher time frame.

NOT (USD) Short-term Trend: Bullish (15-Minute Chart)
The short-term market value of Notcoin may continue trading above the $0.0201 threshold and remain bullish in its short–term outlook. 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.
Notcoin (NOTUSD) Price May Continue Trading above the $0.0201 Threshold
During yesterday’s session, the pair reached and held the $0.0172 resistance level. This has made it possible for the coin to continue trading above the supply threshold in its recent high.

The coin price breakout at the $0.0204 resistance value above the EMA-50 as the 15-minute chart opens today indicates the high buying impact from the bulls resulting in intraday gains.

Moreover, the price pattern warns of prolonged buying with the double bottom forming in the long-term chart.

Additionally, the price of NOTUSD might continue trading above the supply threshold 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.

Buy Notcoin on Longhornfx

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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 →
Previous Post: « Quant (QNTUSD) Begins its Rising Pattern
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