CandleFocus Toncoin (TON) Price Prediction for October 24
2024-10-24
Author: Content Editor
The crypto coin Toncoin (TON) has experienced a slight decline of 0.4% in the past 24 hours. However, on the hourly chart, the price of TON is showing signs of an upward trend. It is important to monitor the daily bar closure, as it may indicate a breakout and a move towards the $5.24 zone. On a larger time frame, the rate is trading within yesterday's bar, suggesting that neither bulls nor bears have taken control yet. Sideways trading in the $5.10 - $5.30 range is expected. In the midterm, TON is far from key levels and the focus should be on the interim zone of $5. If this level is broken, there may be a dump to the $4.80 range. Currently, TON is trading at $5.158.
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