The price of Toncoin jumped by 30 % last week, as more people took care of its ecosystem. After the founder of Telegram Pavel Durov returned to Dubai, investors began to feel positive about the future of Ton.
When writing, the original is traded by about $ 3.61, which reflects a daily profit of 5 %. Market analysts suggest that the main graph pattern indicates a possible outbreak, which leads to strengthening speculation in its next step.
Toncoin price movement and technical analysis
The upscale bullish triangle style is visible on the TON price scheme, which is often associated with composition with the continuing upward prices. Horizontal resistance was tested at $ 3.75 several times, while the upward trend line is near $ 3.45 -3.50 dollars indicates a fixed purchase pressure.
The price had previously suffered from a sharp outbreak, followed by a standardization stage. He has now returned to test the resistance again, which increases the possibility of outbringing. If the price of TON exceeds $ 3.75 in a strong size, analysts expect an escalating move about $ 4.25-4.50 dollars
Toncoin market morale and reactions to the encryption community
The encryption analysts and merchants have noticed the pattern. The most best crypto_jobs composition on X, saying:
“Ton – Moonshot soon?
The post reflects confidence in TON’s capabilities for more gains. The presence of rocket emojis and penetration terminology indicates the upcoming expectations among merchants.
Also read: How many KASPA (KAS) symbols you need to retire?
Ton keys to monitor the collapse
To verify the authenticity of the collapse, the trading volume must increase as TON approaches the resistance of $ 3.75. If this upward trend continues, prices may reach between $ 4.25 and $ 4.50. But if the momentum stops, the prices fell to $ 3.50 before trying to climb again.
Based on how Toncoin and the current market mood, there seems to be room for further growth. Traders and investors monitor the loud triangle style for certain penetration. The coming days will be decisive In determining whether the price of TON continues A path or face resistance before another attempt.
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