The article discusses the potential for a price pump in Toncoin (TON) based on its technical indicators. It notes that the coin has broken out of its previous downtrend pattern and is forming a strong base of support. The 100-day moving average is seen as a significant support level, and the Relative Strength Index (RSI) indicates healthy momentum. The Moving Average Convergence Divergence (MACD) is in positive territory, signaling upward momentum. The article highlights the importance of viewing the current consolidation period as a buying opportunity before the next rally begins.
- Content Editor ( usethebitcoin.com )
- 2024-11-22
Is Toncoin (TON) Ready For A Bullish Move?