Toncoin

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The end of the week is bearish for most coins, according to <a href="https://u.today/doge-and-shib-price-prediction-for-july-6" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="553df47e-13dc-4a6b-a085-ac07df420830" src="https://u.today/sites/default/files/inline-images/top10_1221.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 dropped by 3% since yesterday. <img data-entity-type="file" data-entity-uuid="531afe61-ae38-4e5a-a42e-7429baa29c49" src="https://u.today/sites/default/files/inline-images/ton_3.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, one should pay attention to the local level of $7.45. If buyers fail to seize the initiative by the end of the day, the decline might continue to the vital area of $7 tomorrow. <img data-entity-type="file" data-entity-uuid="6889fb34-1458-4408-8fa2-8853861f3924" src="https://u.today/sites/default/files/inline-images/ton2_3.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the candle is about to close in the red zone, which means bulls have not accumulated enough energy to grow.
In this case, there is a chance of a further decline to the support level of $6.72 within the next few days. <img data-entity-type="file" data-entity-uuid="4cdfe1b9-3528-45dc-9b15-35cbcddf2ac8" src="https://u.today/sites/default/files/inline-images/ton3_4.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TONUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger chart, neither buyers nor sellers are controlling the situation on the market. Such a statement is also confirmed by low volume. All in all, consolidation around the $7 zone is the more likely scenario.
TON is trading at $7.284 at press time.

Toncoin (TON) Price Prediction for July 7

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