AN OUTLOOK ON THE FUTURE OF $TON AND THE CURRENT MARKET STRUCTURE!
The current market structure of TON has generated a range of opinions. Nonetheless, we place a great value on the markup-based market system that already exists. Given how positive the market mood is at the moment, this is a difficult market formation to break. As a result, we anticipate that higher lows will be formed on its prior higher highs, which will indicate a significant bullish movement for its long-term movement. The all-time high this project has reached appears to be comparable to what XRP was struggling to reach, so those who have put their faith in it since 2018 won't be disappointed.
Following the major controversy involving Telegram's CEO, TON underwent substantial revisions, which we have deemed to be only a FUD with further support for its overall chart. This token is more likely to try to weaken the resistance at the key level of 8 the more it corrects. The chart indicates that there may be a significant rebound at the subsequent impulsive wave, which is 3.8. However, we are also considering the price to hold at important levels between 4.4 and 5.0. Let's see whether TON turns out to be the next $XRP.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
