Toncoin (TON) Heading For A 50% Price Move, Analyst Explains Why
A cryptocurrency analyst has explained how Toncoin could be awaiting a 50% price move, based on a technical analysis (TA) pattern. Toncoin Is Coiling Inside A Symmetrical Triangle In a new TA pattern forming in the daily price chart of Toncoin. The formation in question is a triangle, which forms when an asset’s price consolidates…
Toncoin Walks A Tightrope At $2.80 As Market Tension Builds – What Next?
In a recent momentum building, Steinbach noted that traders everywhere are now asking the same question: Is a breakout finally underway, or is a sharp sell-off just around the corner? Toncoin Locked In A Narrow Range Between $2.70 And $2.80 Analyzing the daily chart, Michael Steinbach points out that Toncoin has been locked in a…
TON Holds The Line: Consolidation Break Could Trigger Fresh Momentum
Toncoin (TON) has been quietly building strength, defending the $2.80–$2.95 support zone with remarkable consistency. After weeks of consolidation, the recent break above a falling trendline has caught traders’ attention, hinting at a possible shift in momentum. As TON coils just above this key structure, the stage may be set for a breakout — one…
Toncoin Heading Toward 40% Breakout, Pattern Could Suggest
An analyst has pointed out how Toncoin (TON) is currently trading inside a Triangle pattern that could potentially set the stage up for a 40% move. Toncoin Has Been Stuck Inside A Triangle On The Daily Timeframe In a new Triangle from technical analysis (TA), which forms when an asset’s price observes consolidation between two…
TON Bullish Pattern Signals Breakout Ahead — 40% Rally Loading?
Toncoin (TON), the native token of The Open Network (TON), has climbed over 5% in the past 24 hours, signaling renewed market demand. This rebound comes on the heels of a broader market downturn that saw TON decline alongside other major cryptocurrencies late last week. Amidst these small-scale movements, crypto analyst Ali Martinez notes the…
Toncoin Open Interest Spikes 33%—Will History Repeat With A Pullback?
Data shows the Toncoin (TON) Open Interest has registered a spike in the past day. Here’s what could happen next, according to historical trends. Toncoin Open Interest Has Hit Its Highest Since February In a new Open Interest” here refers to a metric that keeps track of the total amount of perpetual futures positions related…
Toncoin Eyes Notable Uptrend After Breaking Above This Key Chart Pattern
Toncoin (TON) is starting to make waves again, showing signs of renewed strength after successfully breaking out of a long-standing descending channel on the daily chart. This breakout marks a pivotal moment for the token, potentially signaling the end of the recent downtrend and hinting at the early stages of a fresh uptrend. As the…
Toncoin Takes A Hit With 12% Correction After Failing To Break $4.34, More Pain?
Toncoin rally has hit a roadblock, with the price slipping 12% after failing to breach the key $4.34 resistance level. The strong upward momentum that previously fueled TON’s gains lost steam as sellers aggressively defended this price zone, triggering a wave of profit-taking and increased bearish pressure. With momentum cooling off, market participants are now…
Toncoin (TON) Renewed Upswing Signals Strong Market Confidence
Toncoin (TON) has been steadily climbing since facing a rebound at $2.36, reinforcing a bullish outlook and reflecting increasing investor confidence. Unlike volatile price swings seen in other assets, TON’s consistent rise signals strong underlying demand and market stability. The cryptocurrency has successfully held key support levels, preventing major pullbacks and allowing buyers to take…
TON Price Jumps 20% Following Positive News On Telegram Founder
The TON price has reclaimed the $3 mark with an over 20% spurt on Saturday, March 15. This price spike was triggered by the news of a French court approving the departure of Telegram founder Pavel Durov from France. Telegram Founder Reportedly Cleared To Leave France According to a report on Saturday, Durov was granted…