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🚀🚀🚀Toncoin (TON) targets $10 after reaching ATH
Toncoin has crossed $7.64, sparking talk around $10. A firm timeframe has not been set, although it is anticipated shortly. This is supported by the golden cross pattern and network expansion.
A golden cross pattern suggests a long-term rally for TON. This is also why The Open Network L1 blockchain's native currency is battling Dogecoin. In the past 24 hours, TON has risen 6.70% to $7.60. The previous 7 days had 3.42% growth and the last 30 days 3.76%.
The 24-hour trading volume had risen 117.14% and the market value was far beyond $18 billion when this story was written. Current opinion and near-term projections are positive. First off, TON is expected to be worth $9.87 in 5 days and $24.87 in 30 days. Next barrier of $9 must be overcome for the monthly rise.
If it rises to $24.87, it will climb 228.09% amid 5.60% volatility.
Growth of the network follows. The increase of Toncoin wallets shows it. Previously 1.28 million. It's above 8 million. User numbers have risen to 49 million worldwide. Nearly $1 billion is locked up.
Dogecoin is at $0.1434, up 2.45% in 24 hours. Although its market valuation is above $20 billion, its 8th place in the top 10 cryptocurrencies is under threat. Toncoin, 9th, may complete Shiba Inu's mission.
Near-term DOGE forecasts are not bearish since the future numbers are lower than the current value. The value might drop 13.98% after 30 days. Setting a stage at $0.123343. The next five days are essential for Dogecoin. Bears will return if the value falls below $0.141865 from $0.14325.
TON's 14-day RSI is 61.11. The 50-day and 200-day SMAs are $6.38 and $3.94. Definitely a rising trend. However, history shows that cryptocurrencies are volatile. Bitcoin awaits a Federal Reserve rate decrease call.
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