After a period of correction earlier in the week, the cryptocurrency market has shown positive price movement, increasing by 1.89% in valuation over the past day.
In contrast, Toncoin (TON) has experienced significant gains, rising by 12.22% in the last 24 hours and 24.36% over the past seven days. Additionally, the Year-to-Date (YTD) return for Toncoin stands at +186.99%, suggesting a bullish trend for the altcoin in the near future.
TON Price Breaks Out of Long-Term Range
For over six months, the TON price remained within a closed range of $2 to $2.775, indicating weak price action in the crypto market. However, as market volatility increased, bulls regained momentum and successfully broke through the resistance level.

Following the breakout, the price of Toncoin surged by an impressive 270.16%, reaching a new all-time high (ATH) of $7.65 on April 11th. Subsequently, the bulls lost momentum, leading to a correction of 39.86% in valuation. However, after testing $4.60, the bulls regained control, particularly following the announcement of Pantera Capital’s investment in the Layer-1 project.
The Relative Strength Index (RSI) experienced a notable increase in the 1-day time frame, indicating heightened buying pressure in the crypto industry. Additionally, the average shows a bullish curve, suggesting a positive outlook for the TON price in the near future.
Price Forecast and Support Levels for TON Token
If the market maintains the TON price above the support level of $6.350, the bulls are expected to continue trading positively. This positive momentum could lead to a test of the resistance level at $7.250. Furthermore, sustained bullish activity at this level may pave the way for the Toncoin token to attempt to reach its upper resistance level of $8 in the upcoming week.
Conversely, in the event of a bearish trend reversal, the TON token could lose momentum and test its support level of $6.350 by the weekend. Failure to hold this level could indicate continued bearish influence, potentially causing the altcoin to decline further toward its lower support level of $5.50.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TON #ToncoinSurge

the summer end and continue till the end, the hunting is on for the best altcoin options. However, there are thousands of cryptocurrencies in the market, each with a different use case and performance history, making it even more challenging to choose the best.Nevertheless, a few evergreen altcoins with a history of profits should not be missed for the season as well. In this blog, let us discuss the top 4 must-buy altcoins before the Altcoin season starts.

1.Solana (SOL)
These days, Solana is the most popular blockchain network due to the success of Solana meme coins. The Solana network’s native token, SOL, is a popular altcoin, currently trading at $145.97 after a slight pump from yesterday. The demand for the token is understood by the 109% surge in its last 24-hour trading volume, pushing the value to $2,077,586,755.

Moreover, Solana is ranked 5th among the top 10 cryptocurrencies on CoinmarketCap, with its market capitalization of $65,459,493,601. Investing in Solana will be the right approach to welcome the altcoin season.

2.Polygon
Polygon is a layer2 solution, considered as the best alternative for the Ethereum network. It has gained huge popularity over the years, and its native token, MATIC, is among the top 20 best cryptocurrencies for its market cap of $6,624,997,147.
MATIC is currently trading at $6,625,428,706 with a trading volume of $221,318,234 after a 104.57% surge. Though MATIC’s value is down right now, the history of this altcoin reveals the possibility of seeing big profits at the right time.

3.Toncoin
Toncoin gained massive popularity with its current collaboration with the social media platform Telegram. Telegram has a long history with Toncoin and does influence the value of Toncoin. Moreover, TON has a history of profits, as the token has created an ATH of $7.65, which is just 5% away from its current value.

At the time of writing, TON is trading at $7.26 and is ranked 8th for its market cap of $25,230,439,674. Its trading volume has surged by 202%, pushing the value to $772,630,158. If the trend continues, TON will set a new ATH in the next few hours only.

4.Chainlink
Chainlink has continuously worked on adding new functionality and Smart Contract features in the market. Just recently, Chainlink has integrated six new services for various blockchains, including projects from DeFI, Fitech hubs, and web3 games. These continued efforts increased this altcoin’s worth in the crypto market, making it the perfect option for the altcoin season.
Moreover, Chainlink’s native token, LINK, is ranked 16th for its market cap of $7,928,632,368. At the time of writing, LINK is trading at $13.53 and has witnessed a 52% surge in its trading volume.
As per the crypto analysts Mikybull Crypto, altcoins are in a disbelief stage, usually leading to huge rallies in the past. Much such analysis directly indicates the possibility of witnessing an altcoin season soon.
#sol #MaticUSDC #chainlink #ToncoinSurge