Analyst Gives a 40 Percent Rise Target for Toncoin: Announces the Buying Level!

Popular analyst Ali Martinez gave a bullish target on Telegram-linked Toncoin (TON).

Ali Martinez reviewed Toncoin in his social media post dated June 13. Stating that TON is ready for a 40% rise, Martinez pointed to $11.

On the other hand, he stated that TON could drop to $7.2 to collect liquidity, implying that this level could be an opportunity to buy:

Toncoin is poised for a potential 40% breakout and targets $11! However, the TD Sequential indicator TON may briefly drop to $7.2 to gather liquidity before the rise.

Interest in Toncoin is not decreasing

Toncoin has been one of the best performing projects since the beginning of the year. TON, which became one of the top 10 projects in the cryptocurrency market thanks to its astonishing performance, reached a market value of 18 billion dollars.

According to CoinGecko data, TON, which has increased by 5% in the last 24 hours, is traded at $ 7.8 at the time of writing.