Toncoin (TON) has surged within a bullish trend, trading inside a rising parallel channel. After dipping below support, the token rebounded strongly, gaining nearly 45% since the start of the month. Currently, TON is on the verge of testing the average bands of the channel. The Relative Strength Index (RSI) remains positive, indicating a high likelihood of an extended upward trend.

Moreover, the Directional Movement Index (DMI) is set to undergo a bullish crossover. This crossover may propel TON to reach a new all-time high (ATH) of $8.55 very soon. Analysts predict that TON could rise from $5.70 to $6.30 by the end of 2024. Furthermore, some forecasts suggest that TON’s price might hit $10 by the end of summer 2024.

Notcoin (NOT) Price Prediction for August 2024

Notcoin (NOT) recently broke out of a decisive symmetrical range but faced a temporary setback. Nevertheless, the token is on track to reclaim a bullish trend. After bouncing back from interim lows around $0.0095, NOT is poised to rise above the resistance level at $0.01324.

If NOT surpasses $0.15, it may confirm a strong ascending trend. However, analysts warn that the bulls might lose momentum before reaching these levels. The DMI, previously neutral, is also preparing for a bullish crossover. This shift could help push NOT beyond the $0.01324 resistance.

If the bulls maintain their momentum above these levels, NOT could rise to the resistance zone between $0.01667 and $0.01750. This movement may validate a rise beyond bearish influences and lead to a bullish continuation, forming a new ATH above $0.03.

Despite recent fluctuations, NOT has experienced a 26.67% price drop compared to one month ago. In summary, both TON and NOT demonstrate significant strength as they approach crucial resistance levels. TON aims for a new ATH at $8.55, while NOT seeks to establish a new ATH above $0.03 if the bulls sustain their momentum above $0.01324.

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