bullish

Toncoin

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Most of the coins have failed to come back to the green zone, according to <a href="https://u.today/solana-sol-prediction-for-august-27" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="980f9041-1914-4c50-94ff-b8fd5fc5b0d0" src="https://u.today/sites/default/files/inline-images/top10_1324.png">TON chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="ton-usd">TON/USD</h2>
Toncoin (TON) is an exception to the rule, rising by 2.78% over the last day. <img data-entity-type="file" data-entity-uuid="d2406e30-827a-4a00-9052-237df252ce23" src="https://u.today/sites/default/files/inline-images/ton1_8.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of TON has broken the local resistance level of $5.580. If the daily bar closes above it, growth may lead to a test of the $6 area soon. <img data-entity-type="file" data-entity-uuid="b7aadf5d-6b2a-4630-8b72-14bfdb6dc310" src="https://u.today/sites/default/files/inline-images/ton2_9.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A less bullish situation can be seen on the bigger time frame. Neither bulls nor bears have accumulated enough strength to either grow or fall.&nbsp;
In this regard, consolidation in the zone of $5.50 and $6 is the more likely scenario until the end of the week. <img data-entity-type="file" data-entity-uuid="c18049c9-6864-42aa-88ed-e277cbf5aec5" src="https://u.today/sites/default/files/inline-images/ton3_9.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, the rate of TON is near the support of $4.721. If the candle closes near that mark, one can expect a breakout, followed by a dump to the $4-$4.50 range.
TON is trading at $5.607 at press time.

Toncoin (TON) Prediction for August 28

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