Toncoin (TON) Continues To Ride Bullish Wave, Eyes To Reclaim $2 Level
Over the past 24 hours, the majority of the crypto market has been moving slowly, with the premier cryptocurrency Bitcoin falling below the $26,000 mark again. Toncoin, on the other hand, continues to defy the current market conditions, registering a significant price climb in the past day. The TON price experienced a substantial increase on the first day of September, which is consistent with its overall trend in August. TON Soars By 11% In A Single Day Toncoin currently leads the altcoin market as one of the top gainers following an 11% price rise in the past 24 hours. In the same....
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On-chain data suggests the Toncoin whales have participated in significant accumulation over the past week, which could be bullish for TON. Toncoin Whales Have Bought Large During The Last Seven Days As explained by analyst Ali Martinez in a new post on X, Toncoin whales have been active with net buying recently. The on-chain indicator […]
Last week, bitcoin price rose from around $260 all the way upwards to print a high of around $294. We predicted during last week's analysis a bullish run, yet we expected the bullish wave to be strong enough to push the price up to $300. The bullish wave that controlled the market last week led to a new rising support level. By studying the 1 hour Bitfinex (BTC/USD) charts from tradingview.com and plotting the 20, 50 and 100 period EMAs accordingly (look at the below chart), we can notice the following: Since the bullish wave started on the 27th of February, we have been witnessing a....
In the rapidly evolving world of cryptocurrencies, Toncoin (TON) has recently emerged as a focal point of discussion due to its notable price surge of over 8% within the past week. This increase has ignited renewed interest in cryptocurrency and sparked inquiries regarding the coin’s potential for sustained growth in the foreseeable future. At the time of writing, Toncoin (TON) boasts an impressive price of $1.46, securing its position as the 14th largest cryptocurrency by market capitalization, around $5 billion USD. Related Reading: This Ethereum Metric Has Sparked Centralization....
Toncoin price performance has been one of the brightest spots in the cryptocurrency market in a week that has been rather slow for the large-cap assets. While Bitcoin has struggled to achieve its dream of a $100,000 valuation, tokens like Toncoin (TON), Stellar (XLM), and XRP have continued to soar with double-digit returns. Specifically, TON seems to be finally coming to life after a somewhat sluggish start to the month of November. However, the question that would probably be lingering on several investors’ minds is — how long can the Toncoin price sustain this bullish momentum? Is....
As the cryptocurrency market experiences volatility, savvy investors, often referred to as “sharks,” are strategically adding Toncoin (TON) and Mpeppe (MPEPE) to their portfolios. With both cryptocurrencies showing promise in unique areas of blockchain innovation and decentralized finance, this move has caught the attention of the broader crypto community. Let’s dive into why Toncoin (TON) […]