The rate of TONcoin (TON) has increased slightly over the past day, but the price is not looking bullish on the hourly chart. If bear pressure continues, there could be a further fall to the $5.40 zone. On the bigger time frame, neither buyers nor sellers have dominated, making it unlikely that there will be any sharp moves soon. The more likely scenario is ongoing sideways trading in the range of $5.40-$5.80. It is too early to make long-term predictions, but if buyers want to take control, they need to push the rate back to at least $6. Currently, TON is trading at $5.496.



Other News from Today