#AIAndGameFiBoom Toncoin (TON) has recently demonstrated a strong bullish momentum, breaking above key resistance levels and forming higher highs. The cryptocurrency has successfully surpassed the psychological barrier of $6.00 and reclaimed the highs from September and October.

Current Situation

Currently, TON appears to be consolidating within a potential ascending triangle pattern. This pattern suggests a period of accumulation before a potential breakout to the upside. If the price remains above the upward trendline, it could signal a continuation of the bullish trend.

Potential Upside

If TON manages to break above the equal highs and the ascending triangle pattern, it could target the resistance zone around $6.87. This level represents a significant hurdle, but if it's overcome, it could open the door for further upside potential.

Risk Factors

While the current outlook for TON is bullish, it's important to remember that the cryptocurrency market is highly volatile. A sudden shift in market sentiment or a negative event could trigger a price correction. Therefore, it's crucial to manage your risk and only invest what you can afford to lose.