CandleFocus Toncoin (TON) Price Prediction for October 30
2024-10-30
Author: Content Editor
According to CoinStats, most coins may have reached a local peak. The price of Toncoin (TON) has fallen slightly in the last 24 hours. On the hourly chart, TON is trading between support at $4.956 and resistance at $5.070. As the daily average trading range has been met, it is unlikely that there will be any significant price movement by the end of the day. On a larger time frame, the volume remains low and neither buyers nor sellers are ready for a major move. The most likely scenario is that TON will consolidate within the range of $4.95-$5.150. From a midterm perspective, the situation is neutral and the rate of TON is far from significant levels. Overall, traders can expect sideways trading around current prices. At the time of writing, TON is trading at $5.025.
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