Toncoin (TON)
Toncoin (TON) has been gaining attention with its recent price movements. In the past week, the price has increased by 8.05%. In the past month, it has increased by 35.78%. However, in the past six months, the price has fallen by 9.29%, showing some long-term volatility.
TON is currently trading between $6.01 and $7.33. The closest resistance level is $7.82. If the price breaks above this point, it could seek the second resistance at $9.14. On the downside, the closest support level is $5.18, with a second support at $3.86.
Technical indicators are showing mixed signals. The 10-day and 100-day moving averages are close together at $6.54 and $6.61 respectively, suggesting steady movement. The Relative Strength Index (RSI) is at 49.40, close to neutral, indicating neither overbought nor oversold conditions. The Stochastic value is 37.89, which is slightly bearish and could suggest a potential upside. However, the MACD level is negative at -0.0718, pointing to some bearish momentum. Considering these factors, TON could continue its uptrend in the near term, testing the resistance levels if the positive momentum continues.#BecomeCreator $TON
