After marking fresh highs, the bulls appear to have faced some exhaustion. As a result, the selling pressure seems to have mounted over the crypto space. Regardless of this, these altcoins have managed to keep up the bullish trend. While the Worldcoin (WLD) price aims to reach $3, the Notcoin (NOT) price eyes at a 15% upswing.
Worldcoin (WLD) Price Analysis
The Worldcoin price remains self-assured of maintaining a strong ascending trend as the market participants seem to be confident of the upcoming price action. The trading volume has surged, notably indicating a significant increase in buyers, which may push the prices higher. Now that the technicals also flipped in bullish favour, will the WLD price reach $5 in 2024?
The WLD price demonstrated massive strength and achieved a double-digit figure in no time, which was followed by an 88% pullback. Currently, the price has held a parabolic curve as strong support and hence it is believed a rise above $3 could be imminent anytime from now. However, the RSI remains elevated and trades along the lower support, suggesting the growing strength of the rally.
Therefore, the Worldcoin (WLD) price is believed to keep up the ascending trend as the OBV is incremental and reach $5 or above $6 by the end of the year.
Notcoin (NOT) Price Analysis
The Notcoin price began its trading journey with a blast, forming a new ATH at $0.028 in just a few days of its inception. Unfortunately, a 60% dump was followed, which is about to transform into a steep ascending trend. After the recent rebound, the price is about to test one of the crucial resistance zones. A rise above the range may trigger a 40% rise, surpassing the major resistance at $0.013.
The price is trading within a decisive symmetric triangle and has reached the apex of the consolidation. The RSI is incremental and hence a breakout appears to be imminent, which could elevate the levels to the above-mentioned range. Here one can expect some bearish interference but the levels at $0.0118 may offer a strong base and trigger a strong rebound.
Therefore, the Notcoin (NOT) price continues to remain under a bullish range as the upper target remains around $0.017 for 2024.
Source: https://coinpedia.org/price-analysis/worldcoin-wld-notcoin-not-prices-explode-could-rise-by-15-in-the-next-few-days/