Toncoin

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 Cover image via <a href="https://u.today/">U.Today</a>
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Sellers are still dominating over buyers, according to <a href="https://u.today/doge-price-prediction-for-may-30">CoinStats</a>.
<img data-entity-type="file" data-entity-uuid="05d3366b-1e9d-42d9-b41f-e14306697d6e" src="https://u.today/sites/default/files/inline-images/top10_1147.png">TON chart by&nbsp;<a href="https://coinstats.app/coins/">CoinStats</a>
<h2 class="text-align-justify" id="ton-usd">TON/USD</h2>
The rate of TON has reduced by 0.4% over the last day.
<img data-entity-type="file" data-entity-uuid="40a8e31f-13c8-4713-898c-34a0cb46df91" src="https://u.today/sites/default/files/inline-images/ton1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT">TradingView</a>
On the hourly chart, the price of the altcoin is in the middle of a local channel, between the support of $6.3715 and the resistance of $6.5658.
However, if buyers can hold the initiative and return the rate to the upper line, the energy might be enough for a breakout, followed by a move to $6.65.
<img data-entity-type="file" data-entity-uuid="d1aa864a-c2df-4fe9-8f51-9628a570b23e" src="https://u.today/sites/default/files/inline-images/ton2_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT">TradingView</a>
On the daily time frame, one should pay attention to the resistance of $6.7275. At the moment, the rate of TON is far from this mark, which means that ongoing sideways trading in the zone of $6.40-$6.60 is the more likely scenario.
<img data-entity-type="file" data-entity-uuid="56ad4567-fdb4-47e9-ac1f-b79540c3ff8e" src="https://u.today/sites/default/files/inline-images/ton3_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT">TradingView</a>
From the midterm point of view, none of the sides is dominating. Such a statement is also confirmed by low volume. Likewise, there are low chances of seeing any sharp moves.
TON is trading at $6.4928 at press time.

Toncoin (TON) Price Prediction for May 30

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