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🚀 Toncoin (TON): A Bullish Breakout Imminent? Here's Why You Should Pay Attention! 📈
$TON
In the midst of the recent crypto correction, where Bitcoin dropped below $94,000, Toncoin (TON) is showing remarkable resilience. With a solid support level at $4.8 over the past eight months, TON has withstood multiple tests, and the technical indicators are pointing towards a bullish breakout!
🔑 Why Toncoin is Poised for Explosive Growth:
📊 Symmetrical Triangle Formation: A bullish continuation pattern on the weekly chart, signaling that Toncoin could soar to new heights.
📈 50-Week Simple Moving Average (SMA): TON has successfully reclaimed this crucial level, indicating long-term price strength and stability.
🔼 K Indicator Recovery: The recovery from the 50% level suggests strong upward momentum, ready to push prices higher.
🌟 Why Toncoin Could Break $10 by 2025:
💬 Telegram's Growing Role: With 5 million+ daily active users on mini apps like Notcoin (NOT), Toncoin is closely tied to Telegram's success, enhancing its growth potential.
💰 DeFi Boom: Toncoin's $247 million total value locked (TVL) in Decentralized Finance (DeFi) projects highlights its expanding ecosystem.
📈 Telegram's Financial Strength: With $1 billion in annual revenue and 12 million premium subscribers, Telegram’s financial power will continue to fuel Toncoin’s ascent.
📊 Midterm Outlook: Is Toncoin Ready to Surge?
Bullish Case: If Toncoin breaks through the triangular resistance, it could easily surge to the $10 mark by 2025—and beyond!
Bearish Risk: If Toncoin fails to break resistance, we could see a pullback to the $4.44 support before another push higher.
💥 With such a strong technical setup and powerful fundamentals, Toncoin is poised for a major rally. This is your chance to get in early before the price explodes!
#Toncoin #CryptoInvestments t #BullishTrend #BullishTrendb #defi #CryptoSurge
$TON
In the midst of the recent crypto correction, where Bitcoin dropped below $94,000, Toncoin (TON) is showing remarkable resilience. With a solid support level at $4.8 over the past eight months, TON has withstood multiple tests, and the technical indicators are pointing towards a bullish breakout!
🔑 Why Toncoin is Poised for Explosive Growth:
📊 Symmetrical Triangle Formation: A bullish continuation pattern on the weekly chart, signaling that Toncoin could soar to new heights.
📈 50-Week Simple Moving Average (SMA): TON has successfully reclaimed this crucial level, indicating long-term price strength and stability.
🔼 K Indicator Recovery: The recovery from the 50% level suggests strong upward momentum, ready to push prices higher.
🌟 Why Toncoin Could Break $10 by 2025:
💬 Telegram's Growing Role: With 5 million+ daily active users on mini apps like Notcoin (NOT), Toncoin is closely tied to Telegram's success, enhancing its growth potential.
💰 DeFi Boom: Toncoin's $247 million total value locked (TVL) in Decentralized Finance (DeFi) projects highlights its expanding ecosystem.
📈 Telegram's Financial Strength: With $1 billion in annual revenue and 12 million premium subscribers, Telegram’s financial power will continue to fuel Toncoin’s ascent.
📊 Midterm Outlook: Is Toncoin Ready to Surge?
Bullish Case: If Toncoin breaks through the triangular resistance, it could easily surge to the $10 mark by 2025—and beyond!
Bearish Risk: If Toncoin fails to break resistance, we could see a pullback to the $4.44 support before another push higher.
💥 With such a strong technical setup and powerful fundamentals, Toncoin is poised for a major rally. This is your chance to get in early before the price explodes!
#Toncoin #CryptoInvestments t #BullishTrend #BullishTrendb #defi #CryptoSurge
Trade Setup: $TON /USDT
The price has successfully broken above the resistance trendline and has also retested the breakout level. Currently, we expect a potential upward move if the price sustains above the trendline.
Entry: Enter the trade if the price holds above the trendline.
Stop Loss (SL): $5.10 (below the breakout level to limit downside risk).
Take Profit Targets (TP):
TP1: $5.90 (first target based on recent resistance).
TP2: $6.40 (second target, considering potential momentum and higher resistance levels).
Risk Management: Adjust position size to ensure proper risk-to-reward ratio. Monitor for invalidation signals if the price falls below the trendline or shows signs of bearish reversal.
#ton #tonusdt #toncoin #altcoin #Altseason
The price has successfully broken above the resistance trendline and has also retested the breakout level. Currently, we expect a potential upward move if the price sustains above the trendline.
Entry: Enter the trade if the price holds above the trendline.
Stop Loss (SL): $5.10 (below the breakout level to limit downside risk).
Take Profit Targets (TP):
TP1: $5.90 (first target based on recent resistance).
TP2: $6.40 (second target, considering potential momentum and higher resistance levels).
Risk Management: Adjust position size to ensure proper risk-to-reward ratio. Monitor for invalidation signals if the price falls below the trendline or shows signs of bearish reversal.
#ton #tonusdt #toncoin #altcoin #Altseason
Mastering Crypto Rewards: Your Guide to $TON , $DOGS , and $CATS Airdrops. ⚡🔥🪂
The crypto rewards landscape is evolving, offering token holders effortless ways to earn passive income. Holders of $TON , $DOGS , and $CATS now have access to innovative systems like Earn, transforming how they engage with blockchain projects.
👇
https://t.me/earn/join?startapp=j_3_r_M18zNjg3MjE
At the core is $TON , Telegram's blockchain token, known for fast, eco-friendly transactions and its vast user base. The Earn platform simplifies rewards: connect your wallet, and start accumulating tokens like $BUILD and $CLAY without complex staking.
Earn pools stand out by letting users retain control of their tokens. Rewards are distributed via periodic snapshots, with premium members unlocking exclusive benefits. Beyond earning, $BUILD and $CLAY farming connects participants to cutting-edge blockchain initiatives, favoring long-term holders and fostering stability.
As blockchain technology advances, systems like Earn make decentralized finance accessible, empowering both newcomers and seasoned investors to grow their portfolios with ease. Now is the time to join this dynamic ecosystem and embrace effortless crypto rewards.
#Earn #Toncoin #TON #CLAY #Clayton $TON $NOT $DOGS
The crypto rewards landscape is evolving, offering token holders effortless ways to earn passive income. Holders of $TON , $DOGS , and $CATS now have access to innovative systems like Earn, transforming how they engage with blockchain projects.
👇
https://t.me/earn/join?startapp=j_3_r_M18zNjg3MjE
At the core is $TON , Telegram's blockchain token, known for fast, eco-friendly transactions and its vast user base. The Earn platform simplifies rewards: connect your wallet, and start accumulating tokens like $BUILD and $CLAY without complex staking.
Earn pools stand out by letting users retain control of their tokens. Rewards are distributed via periodic snapshots, with premium members unlocking exclusive benefits. Beyond earning, $BUILD and $CLAY farming connects participants to cutting-edge blockchain initiatives, favoring long-term holders and fostering stability.
As blockchain technology advances, systems like Earn make decentralized finance accessible, empowering both newcomers and seasoned investors to grow their portfolios with ease. Now is the time to join this dynamic ecosystem and embrace effortless crypto rewards.
#Earn #Toncoin #TON #CLAY #Clayton $TON $NOT $DOGS
Carroll Uhlenhopp a8W4:
how
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📢 Soon listing of Blum! Learn all about the price and grand update 🔥
Friends, the Blum project is reaching a new level! A drop of 10 billion Blum tokens is expected soon, which will be an important milestone in the development of the ecosystem.
💡 How does it work?
The number of tokens farmed by players will be divided by 100, and the final price of the token at a capitalization of $1 billion will be about $0.1 per Blum point.
🎁 Generous New Year update: every participant will be able to receive 1000 Blum prints for a ticket — this is your chance to become part of one of the most promising crypto projects!
🌟 Why is this important?
Blum is rapidly moving towards listing, and the project's capitalization and community interest are growing every day. This is your chance to enter the project at early stages and take advantage of all the benefits.
Don't miss your chance to be among the first and become part of the grand future of Blum! 🚀
#Blum #toncoin #telegram #listing
Friends, the Blum project is reaching a new level! A drop of 10 billion Blum tokens is expected soon, which will be an important milestone in the development of the ecosystem.
💡 How does it work?
The number of tokens farmed by players will be divided by 100, and the final price of the token at a capitalization of $1 billion will be about $0.1 per Blum point.
🎁 Generous New Year update: every participant will be able to receive 1000 Blum prints for a ticket — this is your chance to become part of one of the most promising crypto projects!
🌟 Why is this important?
Blum is rapidly moving towards listing, and the project's capitalization and community interest are growing every day. This is your chance to enter the project at early stages and take advantage of all the benefits.
Don't miss your chance to be among the first and become part of the grand future of Blum! 🚀
#Blum #toncoin #telegram #listing
Feed-Creator-39a4bcf60:
До 50 это 27, не забывай уточнять
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🔴 Attention all drop hunters! 🔴
Friends, as I have mentioned multiple times, new projects are a great opportunity to catch something interesting. Today I want to tell you about a project that is just starting in Telegram, and at this stage, there are not so many participants yet.
The Throw Battle project
So, Throw Battle is an ambitious project where the first mentions of potential partnerships with major projects have already started to appear. Although a full roadmap has not yet been presented, the idea looks very promising, and the project is actively developing.
The Throw Battle project
So, Throw Battle is an ambitious project where the first mentions of potential partnerships with major projects have already started to appear. Although a full roadmap has not yet been presented, the idea looks very promising, and the project is actively developing.
Lianne Zelonis fKnv:
от разработчиков heave coin?
🌐 Toncoin (TON) - Powering the Future of Web3 🌐
🔹 Current Price: $6.30
🔹 Target Price: $25.00
🚀 Why TON? Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain designed to create a fully on-chain open financial system. With its seamless integration with Telegram, TON is drawing praise for its potential to reach hundreds of millions of users2.
📊 Recent Performance: TON has shown impressive growth, climbing to the #9 position in terms of market cap. Despite recent fluctuations, the long-term outlook remains bullish2.
👉 Stay tuned for more updates and analysis on Toncoin (TON)!
#Binance #Crypto #Toncoin #TON #Blockchain
🔹 Current Price: $6.30
🔹 Target Price: $25.00
🚀 Why TON? Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain designed to create a fully on-chain open financial system. With its seamless integration with Telegram, TON is drawing praise for its potential to reach hundreds of millions of users2.
📊 Recent Performance: TON has shown impressive growth, climbing to the #9 position in terms of market cap. Despite recent fluctuations, the long-term outlook remains bullish2.
👉 Stay tuned for more updates and analysis on Toncoin (TON)!
#Binance #Crypto #Toncoin #TON #Blockchain
DasAnup:
can i get big profit
Duck Chain Raises $5 Million to Unlock Telegram Users’ On-Chain Potential
Duck Chain has announced the successful completion of its $5 million funding round, a significant milestone in its journey to revolutionize the Telegram ecosystem. The round was led by a stellar lineup of investors, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, Geekcartel, Gate Labs, Presto, and other notable backers.
In addition to these institutional investors, angel investors from leading industry projects such as Camelot and Quantstamp also joined the round, signaling strong confidence in Duck Chain’s vision and technological promise.
Empowering Telegram’s 30 Million Star Users
Duck Chain is on a mission to unlock the on-chain potential of Telegram's vast user base, which boasts over 30 million Star users. By leveraging its TON-based EVM solution, Duck Chain aims to seamlessly integrate blockchain capabilities into the Telegram ecosystem, creating opportunities for enhanced user engagement, decentralized applications, and more efficient on-chain interactions.
This funding will empower the project to build robust infrastructure and deliver on its ambitious goals. Duck Chain's innovative approach has the potential to redefine how Telegram users interact with blockchain technology, enabling new use cases and expanding the reach of decentralized systems.
Yellow Duck Mission Hackathon
To celebrate this monumental achievement, Duck Chain is launching the Yellow Duck Mission Hackathon, inviting developers, entrepreneurs, and innovators to create cutting-edge solutions on its platform. With a total prize pool of $1 million, the hackathon aims to attract top talent and accelerate the growth of its ecosystem.
This initiative not only provides an opportunity for participants to contribute to a groundbreaking project but also highlights Duck Chain’s commitment to fostering collaboration and community-driven innovation.
A Bright Future for Duck Chain
With this funding round and the hackathon, Duck Chain is well-positioned to make a significant impact in the blockchain space. By tapping into Telegram’s massive user base and introducing a TON-based EVM solution, the project has the potential to become a pivotal player in the decentralized ecosystem.
As Duck Chain continues to push boundaries, all eyes are on its next steps. The combination of strong investor backing, a clear vision, and a thriving developer community sets the stage for a transformative journey.
#Duckchain #DUCK #TON #EVM #Toncoin
In addition to these institutional investors, angel investors from leading industry projects such as Camelot and Quantstamp also joined the round, signaling strong confidence in Duck Chain’s vision and technological promise.
Empowering Telegram’s 30 Million Star Users
Duck Chain is on a mission to unlock the on-chain potential of Telegram's vast user base, which boasts over 30 million Star users. By leveraging its TON-based EVM solution, Duck Chain aims to seamlessly integrate blockchain capabilities into the Telegram ecosystem, creating opportunities for enhanced user engagement, decentralized applications, and more efficient on-chain interactions.
This funding will empower the project to build robust infrastructure and deliver on its ambitious goals. Duck Chain's innovative approach has the potential to redefine how Telegram users interact with blockchain technology, enabling new use cases and expanding the reach of decentralized systems.
Yellow Duck Mission Hackathon
To celebrate this monumental achievement, Duck Chain is launching the Yellow Duck Mission Hackathon, inviting developers, entrepreneurs, and innovators to create cutting-edge solutions on its platform. With a total prize pool of $1 million, the hackathon aims to attract top talent and accelerate the growth of its ecosystem.
This initiative not only provides an opportunity for participants to contribute to a groundbreaking project but also highlights Duck Chain’s commitment to fostering collaboration and community-driven innovation.
A Bright Future for Duck Chain
With this funding round and the hackathon, Duck Chain is well-positioned to make a significant impact in the blockchain space. By tapping into Telegram’s massive user base and introducing a TON-based EVM solution, the project has the potential to become a pivotal player in the decentralized ecosystem.
As Duck Chain continues to push boundaries, all eyes are on its next steps. The combination of strong investor backing, a clear vision, and a thriving developer community sets the stage for a transformative journey.
#Duckchain #DUCK #TON #EVM #Toncoin
#2024withBinance It was an amazing journey with Binance as , I started my crypto market journey early 2024 and learned a lot but unfortunately can't manage to hold all my earnings while , I am more passionate and energetic to dive again with a hope and expertise.
#Toncoin
#Dogecoin
#FreeAirdrop
#BTCNextMove
#Toncoin
#Dogecoin
#FreeAirdrop
#BTCNextMove
Share my spot transaction
B
TON/USDT
at
5.204USDT
#2024withBinance It was an amazing journey with Binance as , I started my crypto market journey early 2024 and learned a lot but unfortunately can't manage to hold all my earnings while , I am more passionate and energetic to dive again with a hope and expertise.
#Toncoin
#Dogecoin
#FreeAirdrop
#BTCNextMove
#Toncoin
#Dogecoin
#FreeAirdrop
#BTCNextMove
Share my spot transaction
B
TON/USDT
at
5.204USDT
$TON
Toncoin (TON) is a cryptocurrency developed by the Open Network, which emerged from the original Telegram Open Network project
TON consists of two major chains known as masterchains and workchains. Masterchains are the central coordinators of the networking managing validator nodes while workchains handle requests from smart contracts and dApps. On TON, workchains are split into multiple shards that each complete different tasks for more efficient transaction processing.
Market capitalization of Toncoin (TON) is $13,490,814,105 and is ranked #15 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TON tokens (2.6 Billion tokens are tradable on the market today).
According to our Toncoin forecast, the price of Toncoin will increase by 226.06% over the next month and reach $ 17.18 by January 20, 2025.Over the last 30 days, Toncoin had 17/30 (57%) green days. According to our historical data, it is currently not profitable to invest in Toncoin. The price of Toncoin increased by 130.21% in the last 1 year, while the coin’s 3-year performance is 119.25%.
#TON #Toncoin #tonecoin
Toncoin (TON) is a cryptocurrency developed by the Open Network, which emerged from the original Telegram Open Network project
TON consists of two major chains known as masterchains and workchains. Masterchains are the central coordinators of the networking managing validator nodes while workchains handle requests from smart contracts and dApps. On TON, workchains are split into multiple shards that each complete different tasks for more efficient transaction processing.
Market capitalization of Toncoin (TON) is $13,490,814,105 and is ranked #15 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TON tokens (2.6 Billion tokens are tradable on the market today).
According to our Toncoin forecast, the price of Toncoin will increase by 226.06% over the next month and reach $ 17.18 by January 20, 2025.Over the last 30 days, Toncoin had 17/30 (57%) green days. According to our historical data, it is currently not profitable to invest in Toncoin. The price of Toncoin increased by 130.21% in the last 1 year, while the coin’s 3-year performance is 119.25%.
#TON #Toncoin #tonecoin
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$TON When I knew #Ton would never return to level 3u and could never exceed the threshold of 4.5u... there is a force behind preventing #Toncoin from losing its value... I breathe a sigh of relief because I can see this is a good project with long-term growth potential. If there is faith in the Blockchain L1 project of #Ton succeeding, then surely we will be the ones to reap the sweet rewards.
Today, December 22, 2024, at 5:31 AM, I currently own 100 coins. I will always update the news and leave a timestamp for #Toncoin with the current price of 5.3u.
Today, December 22, 2024, at 5:31 AM, I currently own 100 coins. I will always update the news and leave a timestamp for #Toncoin with the current price of 5.3u.
ThanhEC-270497:
Btc chắc phải về 80 mới mua ton đc giá đó, chứ btc sw vùng 90-100 thì ton nó vẫn giữ giá lắm
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$BTC Bitcoin fell again and pulled all the cryptocurrency along with it. This is especially evident in the example of the TON blockchain and its flagship #toncoin , which fell to $5.25, not to mention the rest of the cryptocurrency of this blockchain.
$BTC
In such a situation, most people start to panic and dump what they have, thinking to save at least something. But!
Always, always after a fall there is growth!
And if you have a strong will and are able to plan ahead, all you need in such a situation is to just wait. Wait for growth.
This way you can break even and remain without a loss, and under better circumstances, make a profit.
Good luck and success to everyone!💸💰💰💰💸😎
$BTC
In such a situation, most people start to panic and dump what they have, thinking to save at least something. But!
Always, always after a fall there is growth!
And if you have a strong will and are able to plan ahead, all you need in such a situation is to just wait. Wait for growth.
This way you can break even and remain without a loss, and under better circumstances, make a profit.
Good luck and success to everyone!💸💰💰💰💸😎
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Golden Opportunity from Chainlink, TON, and Lunex: Invest to Anticipate High ROI
The article mentions the remarkable development of three major blockchain projects: Chainlink, Toncoin, and Lunex Network, with the following key factors:
1. Chainlink and the boom of RWA (Real World Assets)
• Recent achievements: Chainlink's price surged, reaching a three-year high of over 25 USD, with a monthly growth of 70%.
• Growth drivers:
• CCIP (Cross-Chain Interoperability Protocol) technology: Enhances interoperability between blockchains.
1. Chainlink and the boom of RWA (Real World Assets)
• Recent achievements: Chainlink's price surged, reaching a three-year high of over 25 USD, with a monthly growth of 70%.
• Growth drivers:
• CCIP (Cross-Chain Interoperability Protocol) technology: Enhances interoperability between blockchains.
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$TON #toncoin although the crypto market is severely declining after the announcement from the Fed, Toncoin (TON) remains a potential choice thanks to a strong community, solid technological foundation, and long-term resilience. This could be an opportunity for investors to anticipate the recovery and growth trend of the market. 🌟🚀 a beautiful entry to hold expecting x2 very safe to hold, eat well and sleep well
Toncoin Price Could Decline as Burn Rate Drops
Why is Toncoin's Price Falling?
Toncoin's price has faced a sharp decline, mirroring the struggles of other altcoins losing momentum in recent weeks. This trend worsened after the Federal Reserve's hawkish decision, which impacted markets. Negative factors, such as rising inflation, declining token burn rates, and weak performance of ecosystem tokens, suggest that Toncoin's price may continue to fall.
Declining Burn Rate Threatens TON's Price
According to TonStat, the daily burn rate of Toncoin has dropped to less than 6,000 coins, representing an 85% decline from September's peak of nearly 40,000 coins. Token burns, which permanently remove coins from circulation, play a critical role in supporting their value. This decline could weaken price stability due to reduced demand.
Moreover, Toncoin's annual inflation rate has climbed to 0.31%, the highest level since August. The daily issuance of new Toncoins reached 84,000, increasing the circulating supply, which could further pressure the price.
TON Ecosystem Challenges and Decreasing User Interest
The Toncoin ecosystem faces additional hurdles. The total value locked (TVL) in TON-associated DeFi protocols has dropped from a peak of $760 million to the current $275 million.
Simultaneously, tokens linked to TON are losing value. For instance, Hamster Kombat has dropped by 22% over the past 30 days, with only 2.7% of holders in profit. Other tokens, like PunkCity and Catizen, have declined by 34% and 31%, respectively. These declines indicate diminishing user interest and investment within the ecosystem.
Technical Outlook: Potential Decline to $4.44
Toncoin's price recently peaked at $7.10, forming a double-top pattern. According to technical analysis, a key support level lies at $4.44, the lowest price recorded on September 6.
Additionally, the price has fallen below the 50-day and 100-day moving averages and the Ichimoku cloud indicator, signaling a bearish trend. If the price breaches the $4.44 level, it could further drop to $3.90, aligning with the 61.8% Fibonacci retracement.
Potential Rebound: Key Resistance at $6
Conversely, if Toncoin surpasses the key resistance level at $6, last reached on September 27, the bearish trend could be disrupted. This would potentially restore investor confidence and lead to a price recovery.
Toncoin's price trajectory will depend on improving fundamentals, such as increasing token burns, reducing inflation, and reigniting interest in its ecosystem.
#ton , #priceprediction , #cryptocurrencies , #cryptoanalysis , #Toncoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Toncoin's price has faced a sharp decline, mirroring the struggles of other altcoins losing momentum in recent weeks. This trend worsened after the Federal Reserve's hawkish decision, which impacted markets. Negative factors, such as rising inflation, declining token burn rates, and weak performance of ecosystem tokens, suggest that Toncoin's price may continue to fall.
Declining Burn Rate Threatens TON's Price
According to TonStat, the daily burn rate of Toncoin has dropped to less than 6,000 coins, representing an 85% decline from September's peak of nearly 40,000 coins. Token burns, which permanently remove coins from circulation, play a critical role in supporting their value. This decline could weaken price stability due to reduced demand.
Moreover, Toncoin's annual inflation rate has climbed to 0.31%, the highest level since August. The daily issuance of new Toncoins reached 84,000, increasing the circulating supply, which could further pressure the price.
TON Ecosystem Challenges and Decreasing User Interest
The Toncoin ecosystem faces additional hurdles. The total value locked (TVL) in TON-associated DeFi protocols has dropped from a peak of $760 million to the current $275 million.
Simultaneously, tokens linked to TON are losing value. For instance, Hamster Kombat has dropped by 22% over the past 30 days, with only 2.7% of holders in profit. Other tokens, like PunkCity and Catizen, have declined by 34% and 31%, respectively. These declines indicate diminishing user interest and investment within the ecosystem.
Technical Outlook: Potential Decline to $4.44
Toncoin's price recently peaked at $7.10, forming a double-top pattern. According to technical analysis, a key support level lies at $4.44, the lowest price recorded on September 6.
Additionally, the price has fallen below the 50-day and 100-day moving averages and the Ichimoku cloud indicator, signaling a bearish trend. If the price breaches the $4.44 level, it could further drop to $3.90, aligning with the 61.8% Fibonacci retracement.
Potential Rebound: Key Resistance at $6
Conversely, if Toncoin surpasses the key resistance level at $6, last reached on September 27, the bearish trend could be disrupted. This would potentially restore investor confidence and lead to a price recovery.
Toncoin's price trajectory will depend on improving fundamentals, such as increasing token burns, reducing inflation, and reigniting interest in its ecosystem.
#ton , #priceprediction , #cryptocurrencies , #cryptoanalysis , #Toncoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
***What factors are driving the current price fluctuations of TON
The current price fluctuations of Toncoin (TON) are influenced by several key factors:
Market Sentiment: Overall crypto market trends and investor sentiment significantly impact TON's price, with fluctuations often mirroring broader market movements.
Trading Volume: Changes in trading volume can lead to volatility. Recent data shows a trading volume of approximately $560 million, indicating active trading that can affect price stability.
Technical Analysis: Price movements are influenced by technical indicators and patterns, such as support and resistance levels, which traders use to make decisions.
Regulatory News: Developments in regulations surrounding cryptocurrencies can create uncertainty, affecting investor confidence and leading to price swings.
Adoption and Use Cases: Increased adoption of Toncoin for transactions and applications can drive demand, impacting its price positively.
These factors collectively contribute to the dynamic pricing environment for Toncoin in the cryptocurrency market
$BTC $TON
#TON/USDT #Toncoin
The current price fluctuations of Toncoin (TON) are influenced by several key factors:
Market Sentiment: Overall crypto market trends and investor sentiment significantly impact TON's price, with fluctuations often mirroring broader market movements.
Trading Volume: Changes in trading volume can lead to volatility. Recent data shows a trading volume of approximately $560 million, indicating active trading that can affect price stability.
Technical Analysis: Price movements are influenced by technical indicators and patterns, such as support and resistance levels, which traders use to make decisions.
Regulatory News: Developments in regulations surrounding cryptocurrencies can create uncertainty, affecting investor confidence and leading to price swings.
Adoption and Use Cases: Increased adoption of Toncoin for transactions and applications can drive demand, impacting its price positively.
These factors collectively contribute to the dynamic pricing environment for Toncoin in the cryptocurrency market
$BTC $TON
#TON/USDT #Toncoin
GoldmanSash:
target 6-7$