The price of TON remains close to its all-time high but has entered a more stable period over the past few months. The price is gradually increasing, while volatility (represented by the blue bars in the graph) has continued to decrease in recent months.
This indicates that the current price range is narrower than it has been over the last 60 days. Typically, periods of lower volatility are followed by periods of higher volatility, and vice versa. Therefore, based on this chart, it is reasonable to anticipate a volatility expansion in the near future.
I would recommend using other on-chain metrics to determine the direction. You can find these on this dashboard down below. Be prepared! 😉
Written by maartunn