Currently, TON has entered a favorable risk zone for accumulation, as the Normalized Risk Metric (NMR) is in the green zone. This indicates that the asset is at a lower risk of price decline, making it a good opportunity for investors looking to accumulate the coin.
The Normalized Risk Metric (NMR) is a metric that assesses the price risk of an asset relative to its historical price data, calculating a normalized score. This indicator uses moving averages (such as the 50-day and 374-day SMA) and logarithmic differences between the price and these averages to determine whether the asset is in a favorable or unfavorable risk position. The NMR value ranges from 0 to 1, where values closer to 0 indicate lower risk and values closer to 1 indicate higher risk.
For TON, both the medium and long-term risks appear favorable. However, there is still a chance that the price will reach the blue zone on the chart, which has historically been an area for forming bases and price bottoms, offering good buying opportunities for those who believe in the token's potential for appreciation.
This type of analysis helps investors make more informed decisions, aligning accumulation strategies with technical data that indicates moments of lower exposure to risk.
Written by joaowedson