BOSS Wallet data source, Toncoin today's market news, TON latest price: $5.828, 24-hour increase 1.888%, trading volume $205 million

According to the research results of the K-line chart, it is currently in a consolidation trend. Compared to 15:00, there is a significant increase, a recovery compared to 08:00, and a decrease compared to 11:00. When both price and trading volume rise simultaneously, it usually indicates strong market buying.
Buyers are actively trading at higher prices, reflecting optimistic market sentiment. In this case, prices may continue to rise with strong momentum. Investors should pay attention to the breakthrough of key resistance levels; if prices continue to rise and stabilize, it indicates that the upward trend will continue.
In a consolidation trend, trading volume increases, and price and trading volume rise simultaneously. The Williams indicator shows that the current market state is neither overbought nor oversold. Recently, trading volume has increased, with volume rising compared to the previous hours, and price and trading volume rising together: trading is active, and upward momentum is strong.

Strong market buying, the upward trend continues, it is recommended to appropriately increase positions and pay attention to the breakthrough of key resistance levels.

The above content is for reference only and does not constitute investment advice.