The Sharpe Ratio Risk Indicator for TON has entered a Low Risk area for the first time in 12 months. It has been a volatile year for TON, with its price climbing from $2 to $8 over the past year, and currently sitting at $5.25.
At this price point of $5.25, the Sharpe Ratio Risk Indicator is signaling a Low Risk Area again. In previous instances when TON was in this Low Risk zone, it took some time before ultimately hitting a bottom.
Although I wouldn't advise buying directly at this moment, it could be beneficial to add it to a watchlist or wait for an Extreme Low Risk signal before taking action. With the Sharpe Ratio cooling down and the number of unique users rising above 100 million, this coin is beginning to look healthy again 😉
s/o @joaowedson for creating this metric!
Written by maartunn
