TON
The decline at the beginning of this month forced the price to break below the ascending triangle and the 200-day moving average
However, after triggering a good recovery, the price has risen close to both levels while still seeming to be blocked by the resistance below.
At the same time, the RSI remains high and struggles to break through the medium-term highs around 55, which may provide a good impetus for the rebound
Therefore, the Toncoin price is expected to regain the levels within the triangle and reach the apex, triggering a breakout from the edge and reaching double digits soon. The price of TON is around $5.87 at the time of writing.
