Toncoin
Demonstrates Bullish Momentum in the short term, with price action that forms a solid appearance pattern and significant volume support, according to Coindesk Research’s technical analysis model. The token has increased by 1.5% over the past 24 hours.
Coindesk 20 – an index of the top 20 cryptocurrencies at market value, except for stablecoins, exchange coins and memcoins – lost 0.4% in the same period.
Technical analysis
• Higher low -ended established $ 2.80, $ 2.81 and $ 2.83, confirming the upscaping structure.
• Resistance breakthrough to $ 2.85 on unique volume.
• Strong support for $ 2.82 confirmed during multiple gene tests.
• A gain of 0.71% to $ 2.86 with crucial breakout.
• Tip volume exceeded 69,000 units, confirming a strong purchase pressure.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
