BOSS Wallet data source, Toncoin price today, TON latest price breaks through $5.683, up 3.52%, transaction volume $445 million
According to the analysis of the K-line chart, the current trend is oscillating. It fell sharply compared to 10:00, rebounded compared to 07:00, and fell compared to 09:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it indicates the continuation of the upward trend. Overbought state, active market, strong upward momentum. Williams indicator shows that it is currently overbought.
Trading volume has increased recently, with more trading volume than in previous hours, and both price and volume rising at the same time: trading is active and the upward momentum is strong.
Market sentiment is optimistic and the upward trend continues. Short-term investors can increase their positions appropriately.
The above content is for reference only and does not constitute investment advice.