Toncoin (TON)

Market cap of $18.76 billion, Toncoin rose by 5.25% last week, ranking 8th among high-volume altcoins. As the cryptocurrency market recovers, TON is expected to benefit from this momentum, supported by its rising trend line.

Currently, TON is holding above the 50-day EMA and is struggling to surpass the 50% Fibonacci level at $7.48. A breakout from this level could trigger a bull run, pushing the altcoin towards the psychological level of $10.

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