đŁ NOT, PYTH, ICP, FIL Price Analysis: is Altcoin Season On the Horizon?
đ¸ Notcoin (NOT)
According to the 4-hour chart, the buy/sell volume revealed that the bury orders remained far above the selling pressure, indicating that NOTâs price could continue rising. Evidence of this was also reflected in the Awesome Oscillator (AO).
At press time, the AO reading was positive, and the higher green bars indicated increasing upward momentum. If sustained, NOTâs price could rally to $0.025 in the short term. In addition, the 20 EMA (blue) had crossed over the 50 EMA (yellow).
This position, known as the golden cross further validated the bullish prediction. However, traders might need to watch out. If holders of NOT book profits in droves, the prediction could be invalidated and the tokenâs price might fall to $0.015.
đ¸ Pyth Network (PYTH)
For PYTH, the Relative Strength Index (RSI) showed that the momentum was bullish. With this indicator reading, the price of the token could be gearing past the resistance at $0.45. A look at the Fibonacci levels showed that the 0.236 level was at $0.40, suggesting that PYTH had held support in this region.
On the upside, the 0.786 Fib level was positioned at $0.48. As such, if PYTH crosses the overhead resistance, the price could climb to $0.48. In a highly bullish situation, the token might rise to $0.50.
đ¸ Internet Computer (ICP)
At press time, ICPâs price was $12.01. This was a notable decrease from the period that the token tried to hit $14. However, indicators showed that ICP could be on its way upward again. First off, the Moving Average Convergence Divergence (MACD) was bullish.
This suggests that the momentum around the token could be higher. However, the 12 EMA (blue) needs to rise much higher above the 26 EMA (orange) to validate this prediction. If this happens, then ICP might key into the $13.11 resistance for a start.
