TON / TetherUS
Long

TON Claims $4 Pivot Amidst A Golden Cross Pattern

118
The price of TON spiked 9% today reclaiming the $4 price pivot with further growth set to occur amidst a "Golden Cross" pattern.

The Open Network (TON) is a revolutionary blockchain platform designed to handle millions of transactions per second. It uses a unique multi-blockchain architecture with dynamic sharding and instant messaging between chains.

The system aims to make blockchain technology accessible to everyday users through integration with messaging apps and user-friendly services. TON has become one of the fastest-growing blockchain ecosystems, with numerous decentralized applications and services being built on its infrastructure.

As of the time of writing, TON is up 9% trading within overbought regions as hinted by the RSI at 78.78 with growing momentum and the appearance of a golden cross pattern, a breakout to $6 is feasible.

For TON, a breakout above the 1-month high pivot could cement a move to the $6 region. Similarly, in the case of a cool-off, given the RSI is overbought, the 38.2% Fibonacci level is acting as support for $TON.

Toncoin Price Live Data
The live Toncoin price today is $3.96 USD with a 24-hour trading volume of $285,169,930 USD. Toncoin is up 8.27% in the last 24 hours. The current CoinMarketCap ranking is #12, with a live market cap of $9,833,721,005 USD. It has a circulating supply of 2,484,304,181 TON coins and the max. supply is not available.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.