TomoChain
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#TomoChain price has reached the important resistance of $0.978-$1.060 and has formed a strong negative divergence with the RSI indicator. There is a possibility that the price will drop to $0.66 if it can break the dynamic support.
#TomoChain price has reached the important resistance of $0.978-$1.060 and has formed a strong negative divergence with the RSI indicator. There is a possibility that the price will drop to $0.66 if it can break the dynamic support.
#TomoChain
The price is moving between support at $0.4950-0.5200 and resistance at $0.6440-0.6570. This time, we expect the price to drop the trend line and then be well supported and grow again until the resistance.
The price is moving between support at $0.4950-0.5200 and resistance at $0.6440-0.6570. This time, we expect the price to drop the trend line and then be well supported and grow again until the resistance.
#TomoChain
The price is moving between support at $0.4950-0.5200 and resistance at $0.6440-0.6570. This time, we expect the price to drop the trend line and then be well supported and grow again until the resistance.
The price is moving between support at $0.4950-0.5200 and resistance at $0.6440-0.6570. This time, we expect the price to drop the trend line and then be well supported and grow again until the resistance.
TOMO/USDT Technical Analysis: Bearish Channel Breakout Potential
TOMO/USDT Technical Analysis: Bearish Channel Breakout Potential
In this technical analysis, we will analyze the TOMO/USDT chart and explore its potential bearish movement. It is essential to note that this analysis is not financial advice, and readers should conduct their research before investing in any cryptocurrency.Current Price: At the time of writing, TOMO is trading at $0.913.
Ascending Channel Breakout:
The TOMO/USDT chart is currently trading in an ascending channel, which is a parallel channel that indicates a bearish trend if broken downwards. The channel was last broken on March 2, 2023, and resulted in a 23% downside target.
Bearish Potential:
If the support line breaks, we can expect a 44% down move from the current level and a 36% down move from the breakout area. Thus, the bearish potential is significant, and investors should be cautious.
Weekly Resistance Level:
The weekly strong resistance level for TOMO is between $1.20-$1.30, and we anticipate a big rejection at this level.
Key Levels:
Support: $0.82/$0.51
Resistance: $1.10/$1.30
Conclusion:
In conclusion, the TOMO/USDT chart is currently looking bearish, with the potential for a significant down move if the support line breaks. Therefore, investors should conduct thorough research and consider risk management strategies before making any investment decisions.
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#Tomo #TomoChain #Altcoin #BRC20 #BTC
In this technical analysis, we will analyze the TOMO/USDT chart and explore its potential bearish movement. It is essential to note that this analysis is not financial advice, and readers should conduct their research before investing in any cryptocurrency.Current Price: At the time of writing, TOMO is trading at $0.913.
Ascending Channel Breakout:
The TOMO/USDT chart is currently trading in an ascending channel, which is a parallel channel that indicates a bearish trend if broken downwards. The channel was last broken on March 2, 2023, and resulted in a 23% downside target.
Bearish Potential:
If the support line breaks, we can expect a 44% down move from the current level and a 36% down move from the breakout area. Thus, the bearish potential is significant, and investors should be cautious.
Weekly Resistance Level:
The weekly strong resistance level for TOMO is between $1.20-$1.30, and we anticipate a big rejection at this level.
Key Levels:
Support: $0.82/$0.51
Resistance: $1.10/$1.30
Conclusion:
In conclusion, the TOMO/USDT chart is currently looking bearish, with the potential for a significant down move if the support line breaks. Therefore, investors should conduct thorough research and consider risk management strategies before making any investment decisions.
Hey, it's CryptoPatel here!
I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies.
If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates.
Thank you for your support, and let's continue to stay connected for more exciting content!
LIKE ❤️
Share ⏩
Follow 🤝
#Tomo #TomoChain #Altcoin #BRC20 #BTC
#TomoChain price has reached the important resistance of $0.978-$1.060 and has formed a strong negative divergence with the RSI indicator. There is a possibility that the price will drop to $0.66 if it can break the dynamic support.
#Binance #BTC #crypto2023 #dyor
#Binance #BTC #crypto2023 #dyor
$TOMO announced changing the name of the token to $VIC
My updates for you guys✅
On November 1, 2023, #TomoChain announced that it would be rebranding to #Viction. The new name and logo reflect the project's focus on real-world applications and its commitment to building a more inclusive and equitable blockchain ecosystem.
The rebranding was accompanied by a number of other updates, including:
💫💫The launch of a new Viction Foundation to support the project's mission.
💫💫The release of a new Viction roadmap that outlines the project's goals for the next five years.
💫💫The launch of a new Viction website and social media channels.
👉👉The rebranding was met with a positive response from the #crypto community. The price of $TOMO surged by over 10% in the days following the announcement.
🍀🍀What does the rebranding mean for #TomoChain?
The rebranding is a significant milestone for #TomoChain.
It marks a new era for the project, as it focuses on real-world applications and builds a more inclusive and equitable blockchain ecosystem.
These goals include 👇
✅ Expanding the Viction ecosystem to include more real-world applications.
✅Making Viction more accessible and affordable to everyone.
✅Building a more inclusive and equitable blockchain ecosystem.
The launch of the new Viction website and social media channels will help to raise awareness of the project and its mission.
Conclusion
👉👉The rebranding of TomoChain to Viction is a significant milestone for the project.
It marks a new era for #TomoChain , as it focuses on real-world applications and builds a more inclusive and equitable blockchain ecosystem
#Bitcoin #vic
My updates for you guys✅
On November 1, 2023, #TomoChain announced that it would be rebranding to #Viction. The new name and logo reflect the project's focus on real-world applications and its commitment to building a more inclusive and equitable blockchain ecosystem.
The rebranding was accompanied by a number of other updates, including:
💫💫The launch of a new Viction Foundation to support the project's mission.
💫💫The release of a new Viction roadmap that outlines the project's goals for the next five years.
💫💫The launch of a new Viction website and social media channels.
👉👉The rebranding was met with a positive response from the #crypto community. The price of $TOMO surged by over 10% in the days following the announcement.
🍀🍀What does the rebranding mean for #TomoChain?
The rebranding is a significant milestone for #TomoChain.
It marks a new era for the project, as it focuses on real-world applications and builds a more inclusive and equitable blockchain ecosystem.
These goals include 👇
✅ Expanding the Viction ecosystem to include more real-world applications.
✅Making Viction more accessible and affordable to everyone.
✅Building a more inclusive and equitable blockchain ecosystem.
The launch of the new Viction website and social media channels will help to raise awareness of the project and its mission.
Conclusion
👉👉The rebranding of TomoChain to Viction is a significant milestone for the project.
It marks a new era for #TomoChain , as it focuses on real-world applications and builds a more inclusive and equitable blockchain ecosystem
#Bitcoin #vic
⚡ #Coin of the day by social activity - TomoChain #TOMO . (3 May 2023)
#TomoChain is a #blockchain network that uses a delegated proof of #stake consensus mechanism comprised of 150 masternodes.
#TomoChain is a #blockchain network that uses a delegated proof of #stake consensus mechanism comprised of 150 masternodes.
**Just In 🚨**: TomoChain (TOMO) has announced that it secured an investment from DWF Labs. While the exact size of the investment remains undisclosed, TomoChain revealed that it intends to utilize the funds to enhance its layer 1 blockchain infrastructure. #TomoChain #DWF Labs #BlockchainInfrastructure #CryptocurrencyInvestment
