🚀 $TON price analysis - Cointelegraph
Toncoin's recent price action has formed a symmetrical triangle pattern, showing balance between demand and supply. With the 20-day EMA ($6.54) flat and RSI near neutral, there's no clear advantage for bulls or bears.
A break below the support line could lead to a drop to $6 and then $5.50. Conversely, if the price rises above the resistance line, it may signal a bullish trend, with potential targets of $7.65 and the pattern target of $8.11.
