Bitcoin Price Remains Above $69,000
As of writing, Bitcoin's price hovers above $69,000. With just three hours left until the daily close, Bitcoin's recent surge has buoyed altcoins, leading to substantial gains. Notably, NOT Coin garnered headlines last week, tripling in value.
PEPE Coin Price Forecast
Following profit-taking activities, PEPE Coin's price dipped to $0.0000145, indicating a potential reversal. Given the substantial profits earned by investors, this pullback is unsurprising. Should support levels form at higher points, further upward momentum can be anticipated.
A new peak above $0.0000172 is possible if support is maintained. Conversely, a loss of support could trigger declines to $0.0000132 and $0.0000111. A close below $0.00000923 would signal the end of the current uptrend.
SPELL Coin Price Forecast
The breach of resistance at $0.00124 suggests SPELL Coin buyers' aspirations for further gains. A close above this level opens up the potential for new highs above $0.00149. Despite profit-taking evidenced by upper wicks, the price remains above the resistance zone, allowing for potential moves up to $0.00181.
Similar to prior peak attempts, upper wicks indicate that investors may be inclined to sell at higher prices. Consequently, stop levels should be clearly defined to manage profit-taking activities. SPELL Coin presents an alluring option for speculative investors, and increased volume with heightened volatility could expand its trading range.
NOT Coin Commentary
NOT Coin's remarkable performance last week generated significant buzz on social media and Telegram, highlighting its popularity. Exchange listings on May 16th fueled demand, and the sustained green candles on the daily chart demonstrate ongoing enthusiasm for the coin.
However, it's worth considering that if Telegram launches a competing mini-application via TON Coin, interest in NOT Coin may decline. At present, closes above $0.0170 could drive attempts at new highs. Key short-term support lies at $0.0214.