Toncoin

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The market keeps setting new local peaks, according to <a href="https://u.today/binance-coin-bnb-price-prediction-for-september-12" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="f22c0440-8fef-40cd-933a-25855279a31a" src="https://u.today/sites/default/files/inline-images/top10_1356.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>
The price of Toncoin (TON) has increased by 4.12% since yesterday. <img data-entity-type="file" data-entity-uuid="2045c972-4106-47f2-82ed-709eb601fe9e" src="https://u.today/sites/default/files/inline-images/ton1_10.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's growth, the rate of TON keeps looking bullish. On the hourly chart, it is about to break the resistance of $5.636. If it happens and the daily candle closes with no long wick, the upward move can continue to the $5.70 mark. <img data-entity-type="file" data-entity-uuid="4276e7d4-4d23-4bb0-8f27-431840dda76a" src="https://u.today/sites/default/files/inline-images/ton2_11.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A similar picture can be seen on the bigger time frame. If the price reaches the resistance of $5.667 and bulls can hold the gained initiative, growth may lead to a test of the $6 range within the next few days. <img data-entity-type="file" data-entity-uuid="14f68c49-f14e-4454-9cad-ab95b6a70e00" src="https://u.today/sites/default/files/inline-images/ton3_12.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A different situation can be seen on the weekly chart. Even if the candle closes bullish, one cannot expect a fast reversal.&nbsp;
All in all, consolidation in the area of $5.50-$6.50 is the more likely scenario until the end of the month.
TON is trading at $5.638 at press time.

Toncoin (TON) Price Prediction for September 13

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