Notcoin

bullish

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After a few days of a continued drop, most coins are bouncing back, according to <a href="https://u.today/btc-eth-and-xrp-prediction-for-august-5" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="ca5d76cf-576c-4061-9ac5-80f3e2e679bc" src="https://u.today/sites/default/files/inline-images/top10_1279.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
<h2 id="not-usd">NOT/USD</h2>
The rate of NOT has rocketed by 20% over the last day. <img data-entity-type="file" data-entity-uuid="efc33d76-d793-4f73-b947-9497bb494710" src="https://u.today/sites/default/files/inline-images/not1_2.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NOTUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's sharp rise, the price of NOT keeps looking bullish on the hourly chart. If the daily bar closes near the local resistance of $0.01175, the growth may continue to the $0.012-$0.013 zone tomorrow. <img data-entity-type="file" data-entity-uuid="0bc4c92e-0d86-4aa3-8481-f794ca2e95f4" src="https://u.today/sites/default/files/inline-images/not2_3.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NOTUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the rate of the altcoin is rising after a false breakout of the support level of $0.00912. However, it is too early to think about a reversal as not enough energy has been accumulated yet.
If the bar closes around the current prices, sideways trading in the area of $0.011-$0.013 is the more likely scenario. <img data-entity-type="file" data-entity-uuid="6f2f9a22-cdf6-476f-a035-7d68f0d138b0" src="https://u.today/sites/default/files/inline-images/not3_3.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NOTUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the picture is quite similar. If the growth continues until the end of the week, traders may witness a test of the interim level of $0.014 soon.
NOT is trading at $0.0119 at press time.

Notcoin (NOT) Prediction for August 6

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