What's Next for TON? Toncoin Price Hits All-Time High, Here's Why $10 Is Coming
TON has been on a bull run lately, with the price up 8%, and now looks like it has a chance to achieve the so-called "golden cross". The healthy RSI and rising social volume both suggest that the rally could continue, fueled by investor interest.
It's worth noting that just two days ago, TON bulls suddenly took control of the market, pushing the price up by 8%. This sudden surge was driven by an increase in buying power and a sharp change in traders' market sentiment.
However, the question now is whether TON can maintain this upward momentum and break through key resistance levels, thus establishing a new uptrend.
Toncoin (TON), the native cryptocurrency of the Open Network, a Layer-1 blockchain, has recently achieved some new breakthroughs, reaching new all-time highs. As I write this, the price of TONcoin has risen by 8.53% to $7.64. The market cap has also risen, soaring to $18.5 billion, making it the ninth largest cryptocurrency.
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