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