CandleFocus October Magic: Will Cardano and Toncoin Repeat Past Performance?
2024-10-02
Author: Content Editor
The prices of Cardano (ADA) and Toncoin (TON) have dropped recently, leading traders and investors to speculate on whether there will be a reversal or further losses. Technical indicators show potential inflection points for both cryptocurrencies, suggesting a possible rebound depending on market conditions. Cardano's price has fallen to $0.3682, with resistance at $0.385 and support at $0.368. Toncoin has experienced a steeper decline, currently priced at $5.38, with resistance at $5.81 and support at $5.38. Both cryptocurrencies show neutral sentiment according to their RSI indicators, but their MACD indicators hint at possible upward momentum in the short term.
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