$TON Price Analysis - CoinPedia Analytics

The Toncoin price has risen within a bullish range and is about to mark the average range of the pattern. The swelling strength of the bulls suggests that the bulls are now poised to mark a 2-digit figure in the coming days. 

The TON price has been trading within a rising parallel channel after plunging below the support. However, the token has rebounded finely, began to rise since the beginning of the month and surged by nearly 45%. The token is about to test the average bands of the channel and as RSI remains incremental, the possibility of an extended trend remains high. Besides, the DMI is about to undergo a bullish crossover, which may elevate the levels to form a new ATH at $8.55 very soon.