The price of the cryptocurrency TON fell to a critical support level of $5.00 on January 13 but remains above this support level in a range-bound movement. It has experienced a series of downward highs and lows since December 4, 2024. The altcoin recently broke through a key support level and reached a low of $4.79 on January 19, but bulls bought the dips and started a rise above the $5.00 support. TON is currently trading at $5.19 and is in a negative trend as it remains above the moving average lines. However, if it breaks above the moving averages, an uptrend may start. Resistance levels are at $6.00, $8.00, and $10.00, while support levels are at $5.00, $3.00, and $1.00. The current range-bound trend will be broken if the buyers sustain the price above the moving average lines. This analysis and forecast are personal opinions and not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing.



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