The TON rate is showing positive dynamics, as today the token was able to overcome the $8 mark. The rally is due to increased network activity, which is driven by an increase in daily active users.
In addition, the Toncoin network has seen a surge in the creation of new wallets, which also indicates growing investor interest and demand for the asset. According to analyst Ali Martinez, we should expect a further increase in the value of TON by 40%.
Martinez believes that the TON rate will rise due to macroeconomic factors, including data on the consumer price index in the United States, which has a positive impact on sentiment in the crypto market.
According to the expert, now technical indicators indicate the formation of a strong buy zone, and the RSI and MACD levels demonstrate that favorable conditions have developed for the growth of the value of TON.
Ali Martinez noted that a short-term drop in the price of the token to $7.2 is possible, but this will be an opportunity to collect liquidity before a new upward movement of the asset in the market.
So far, conditions have really developed in the market for TON to continue to grow, but it is difficult to say how much the value of the popular coin will increase. Even if the price increases by a few percent, it will still be received positively by the community, and the number of TON holders may increase even more.
