bullish

Toncoin

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Buyers have once again failed to hold the bounce back, and all of the top 10 coins are in the red zone, according to <a href="https://u.today/xrp-prediction-for-september-5" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="cdb96129-0a3a-4aee-92a3-798f0d059fae" src="https://u.today/sites/default/files/inline-images/top10_1342.png">TON chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 dir="ltr" id="ton-usd">TON/USD</h2>
The rate of Toncoin (TON) has increased by 1.17% since yesterday. <img data-entity-type="file" data-entity-uuid="1005e56c-ad29-4d3a-894b-65bd70ae5710" src="https://u.today/sites/default/files/inline-images/ton1_9.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's rise, the price of TON is looking bearish on the hourly chart. If the candle closes below the $4.723 level, the fall is likely to continue tomorrow. <img data-entity-type="file" data-entity-uuid="8a99a1ca-786a-40e4-8c28-dd6af1dc2a64" src="https://u.today/sites/default/files/inline-images/ton2_10.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, bears have seized the initiative after yesterday's bullish closure.&nbsp;
If the fall continues, the accumulated energy might be enough for a support breakout, followed by a blast to the $4.20-$4.40 range. <img data-entity-type="file" data-entity-uuid="7a77be1f-c41a-4a9c-8f69-671a6f7ad8af" src="https://u.today/sites/default/files/inline-images/ton3_11.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the rate of TON is trading near the vital level of $4.721. If the weekly candle closes near it, there is a possibility to see a more profound correction to the $4 area.
TON is trading at $4.756 at press time.

Toncoin (TON) Prediction for September 6

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