Rally

Toncoin

Momentum

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Toncoin price prediction is highly bullish and suggests more upside may be visible in the coming months.</a> </li> 
 <li> <span>2</span> <a>TON price holds $2.00 support and formed a bullish continuation pattern.</a> </li> 
 <li> <span>3</span> <a>The 50-day and 200-day EMA slopes upward and the TON crypto price sustains above it.</a> </li> 
</ul> 
<p>Toncoin price prediction is bullish for the long term and suggests more upside momentum is pending.&nbsp;</p> 
<p>TON price took support near $2.000 and reverses upward indicating buyers are active at the lower levels. It formed a bullish continuation pattern and attempted to break out of the $2.6000 swing high hurdle.&nbsp;</p> 
<p>Toncoin price continues to trade above the 50-day and 200-day EMA denotes an uptrend. Moreover, the 50-day EMA positively intersected the 200-day EMA showcases golden crossover. It further fueled the rally and boosted the confidence of long-term investors.&nbsp;</p> 
<p>In the last month, TON price consolidated in the narrow range of $1.9000 to $2.2000. Sellers tried to drag the price below the lower range to erode the previous gains but luckily, the bulls were active and succeeded in absorbing the sell-off.&nbsp;</p> 
<p>At the beginning of November, the buying volume increased and the price also began to rise by forming higher highs. It indicates that some genuine investors thought the TON price was cheap and decided to inject money into it.&nbsp;</p> 
<p>At the time of writing, Toncoin price is trading at $2.6703 with a one-day decline of 0.03%.</p> 
<h2 class="wp-block-heading" id="strong-is-the-rally-in-toncoin-price-sustainable-strong"><strong>Is the Rally in Toncoin Price Sustainable?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="665" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150.png" alt="Toncoin Price Prediction: Will TON Price Reach $3 By December?" class="wp-image-179909" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150-300x125.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150-1024x426.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150-768x319.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150-1536x638.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150-750x312.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-150-1140x474.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/x/tk2XF0mP/">TON/USDT</a> daily chart by Tradingview
  </figcaption>
 </figure>
</div> 
<p>Toncoin price prediction favors the bulls and suggests the rally has just begun and more scope of upside is open. The recent rally in the <a href="https://www.thecoinrepublic.com/2023/09/17/toncoin-price-surges-13-whats-fueling-the-rally-in-ton/">TON crypto</a> price is supported by a high buying volume. So, it increases the probability of holding the higher levels.&nbsp;</p> 
<p>Till the TON price sustains above $2.00, any short-term retracement may get bought up. The next phase of the rally in<a href="https://www.thecoinrepublic.com/2023/09/17/toncoin-price-surges-13-whats-fueling-the-rally-in-ton/"> Toncoin </a>crypto will trigger when buyers succeed in breaking out of the $3.00 hurdle.&nbsp;</p> 
<p>The analysis suggests that TON crypto is inside the bulls’ grip and getting ready for a massive breakout.</p> 
<h3 class="wp-block-heading" id="strong-positive-momentum-in-ton-price-intact-strong"><strong>Positive Momentum in TON Price Intact</strong></h3>  
<div class="tradingview-widget-container"> 
 <div id="tradingview_7ddd9"></div> 
 <div class="tradingview-widget-copyright">
  <a href="https://www.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> 
 <script type="text/javascript">
  new TradingView.widget(
  {
  "width": "950",
  "height": "500",
  "symbol": "KUCOIN:TONUSDT",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": true,
  "allow_symbol_change": true,
  "studies": [
    "STD;RSI",
    "STD;Supertrend"
  ],
  "container_id": "tradingview_7ddd9"
}
  );
  </script> 
</div>  
<p>TON price turned bullish on a daily and weekly time frame chart. The positive momentum in this crypto price is intact and no signs of weakness are visible in the chart. Meanwhile, the overall crypto market is bullish which is also indirectly supporting the TON bulls.&nbsp;</p> 
<p>The MACD curve reverses upward and displays a positive crossover. The histogram forming higher high bars confirms the strength in the recent up move.&nbsp;However, the RSI reached 80 which denotes an overbought territory. So, a minor correction in price is possible before heading higher.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Toncoin price prediction is bullish for the long term as well as for the upcoming months. The recent rally in TON crypto looks reliable and bulls are likely to hold the recent gains.&nbsp;</p> 
<p>The analysis suggests that the TON price is in an uptrend and will easily achieve the $3.00 mark by December 2023.</p> 
<h5 class="wp-block-heading"><strong>Technical Levels</strong></h5> 
<ul> 
 <li>Resistance Levels: $3.0013 and $3.5600</li> 
 <li>Support Levels: $2.2000 and $1.9000</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Toncoin Price Prediction: Will TON Price Reach $3 By December?

目录

Thecoinrepublic.com

发布于 2023年11月9日的其他文章

Uphold’s Topper Gateway Integrates with XRP Toolkit

Ethereum (ETH) and Bitcoin (BTC) Prices Collapse After Stunning Rally

What is VeChain Token?

Linekong Interactive Allocates $15 Million to Bitcoin Network Projects

Dubai’s VARA Sets New Deadline for Crypto Entities To Get Licensed

Why Institutional Players Might Intentionally Be Shadowing XRP’s Rise

订阅我们免费的电子期刊，获取每日最新加密领域动态！