While the crypto market is buzzing with altcoin movements, Toncoin (TON) and Cardano (ADA) are moving at a more cautious pace. According to ChangeNOW data, a significant increase in trading volumes is observed for these coins. This suggests that accumulation may be ongoing, paving the way for a potential price increase.
Toncoin (TON): Steady Momentum and Bulls’ Target$TON
Toncoin is currently trading between $5.26 and $7.17, tracking a level around the 10-day SMA (simple moving average) of $6.07. The RSI (Relative Strength Index) is at 48.04, indicating a balanced market condition, with neither the bulls nor the bears clearly dominating the market. If the $7.94 resistance level is broken, TON’s price could rally by over 35% to $9.85. Support levels are at $4.13, while a stronger support level is at $2.23. Over the past month, TON has gained 7.84% and despite a 6-month decline of 12.45%, it has medium-term growth potential. If the bulls continue to gain strength, Toncoin could target higher resistance levels.
TON offers its users an easy and fast experience for trading. With no registration required, transparent and free transaction advantages, investors can effectively interact with TON’s current market conditions.
Cardano (ADA): Strong Growth Potential and Upside Probability$ADA
Cardano is currently trading between $0.94 and $1.22, marking an impressive 184% gain in the last six months. Over the past week, ADA has gained around 9%. The bulls are showing a strong dominance with ADA trading close to its 10-day and 100-day moving averages at $1.07 and $1.09, indicating potential for further upside. The resistance at $1.35 could be tested soon, followed by a secondary target of $1.64. If ADA breaks $1.35, an upside of around 23.6% is possible. Furthermore, the RSI is at 57.86 and the Stochastic is at 57.61, suggesting ample room for growth.
The current levels look promising for Cardano investors, and purchasing ADA through ChangeNOW offers a quick and practical solution as it does not require any registration.
