Toncoin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The rates of the majority of the coins keep falling, according to <a href="https://u.today/cardano-ada-price-prediction-for-june-28" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="d893ef1f-d360-4668-b520-9835b53e091a" src="https://u.today/sites/default/files/inline-images/top10_1206.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 0.62% since yesterday. <img data-entity-type="file" data-entity-uuid="4d14002a-9cea-48b0-8c05-54205b85a1ca" src="https://u.today/sites/default/files/inline-images/ton1_2.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 might have found a local resistance level of $7.651. If the daily bar closes far from this mark, bears may get back in the game, which might lead to a drop to the $7.50 zone. <img data-entity-type="file" data-entity-uuid="936ad889-545c-4100-b6df-69bfa6c8f545" src="https://u.today/sites/default/files/inline-images/ton2_2.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, none of the sides is dominating. The price is in the middle of a wide channel, which means there are low chances of sharp moves soon.
In this case, ongoing sideways trading in the zone of $7.4-$7.8 is the more likely scenario for the next few days. <img data-entity-type="file" data-entity-uuid="5b4605ec-6de6-48be-a00c-49746451516e" src="https://u.today/sites/default/files/inline-images/ton3_3.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 weekly chart. The volume remains low, confirming the absence of buyers' and sellers' energy. All in all, traders may witness consolidation between $7 and $8 for the upcoming week.
TON is trading at $7.612 at press time.

Toncoin (TON) Price Prediction for June 29

Table of Contents

U_Today

Άλλα άρθρα που δημοσιεύτηκαν στις 29 Ιουν 2024

Nigerian Crypto Boom Resurrected? SEC Embraces Innovation With New Rules

Economic uncertainty weighs heavily on U.S. voters

Terra Luna Classic Community Burns Tokens

Analysts Highlight Cardano’s Recovery Potential

Bitcoin Miners Capitulate as Hashrate Plunges to New Low

Bolivia Officially Ends Its Ban On Cryptocurrency Trading After 4 Years

Join our free newsletter for daily crypto updates!