CandleFocus Toncoin (TON) Price Prediction for October 27
2024-10-27
Author: Content Editor
According to CoinStats, buyers are back in the game as the price of Toncoin (TON) has increased by 2.13% over the last 24 hours. On the hourly chart, TON is experiencing an upward trend after a false breakout of the local support at $4.909. If buyers can maintain their momentum, the growth may continue to the $5 area. On the daily time frame, TON's price is trading within yesterday's range, with neither side currently dominating. The more likely scenario for the next few days is ongoing consolidation between $4.9 and $5.1. On the weekly chart, TON has rebounded off the $4.601 support, but more energy is needed for medium-term growth. Bulls need to restore the price to the $5.4 mark to regain control. At present, TON is trading at $4.94.
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