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Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?

The article discusses the risk level and investment potential of TON, a cryptocurrency asset. The article mentions the use of a metric called NMR, which evaluates an asset's price risk based on historical data. TON is currently in the green zone, indicating reduced risk and making it appealing for long-term investors. However, there is a possibility for TON's price to revisit historically significant support zones. Another indicator is the decrease in Open Interest in TON's futures market, which suggests reduced market activity and lower volatility. This trend is reflective of the broader cryptocurrency market as the year ends. The combination of low Open Interest and favorable risk metrics may suggest a period of price stability and reduced volatility for TON.

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