Price forecast: Can Toncoin reach $ 4 in May?

Toncan (ton)The native asset of the open network is again in the focus after a long descending trend. After it is traded much higher than $ 5, the Ton was consolidated under the mark of $ 3.50 for weeks, but the recent pricing action involves a possible change in impulse. With the support of improving technical technologies, increasing the volume and resuming the interest of investors, Toncan price can move to the breakthrough phaseLet us plunge deeply in the latest diagram data to reveal what is actually happening.

Ton price forecast: Can a tone break through to resistance?

Ton price forecast

Tone/dollar of daily diagram TradingView

On the daily Ton Price diagram, about $ 3.17 is currently being traded, trying to recover from a sharp decline in the beginning of this year. The price is soared around the merger of large sliding medium. The 20-day SMA ($ 3.08), 50-day SMA ($ 3.33) and 100-day SMA ($ 3.53) are tightly packed, creating a ton of resistance zone, trying to clean with all his might. This compression often precedes the explosive movement.

The key bull sign is that Ton Price was able to remain above the 20-day SMA, forming a short-term low low model. The ADVANCE-DECLINE (ADL) line is growing steadily, demonstrating an improvement in market breadth and customer dominance. Nevertheless, the 200-day SMA in US dollars $ 4.56 is emerging, signaling that any significant breakthrough should be extended more than $ 3.50 in order to check the long-term trend line.

Hourly signals of the diagram: bull change or false anxiety?

Ton price forecast

Ton/1 hour. TradingView

An increase in the hourly diagram, the price of a ton, is visible, forms a slight ascending triangular template – an optimistic setting of continuation. The price is a resistance test of about $ 3.20, and all short -term sliding medium (20, 50, 100 and 200 SMA) converge in a hard strip from $ 3.17 to $ 3.23. This installation often acts as a spiral spring – a break above the resistance can cause a quick step to $ 3.35 or even $ 3.50.

ADL on the hourly diagram is flat, but recently performed above, which involves accumulation. If we see an increased volume and pure hourly candle closing above 3.25 dollars, this can marked the beginning of a short -term rally.

What behind the wheel of the Tonkin pulse?

The Toncoin ecosystem is expanding with recent Defi and NFT integrations, which contribute to stronger reasons. In addition, a wider story about layer-1 is gaining momentum, giving updated hope for projects such as Ton, which were previously overshadowed.

Another key factor is market psychology. When the altcoins set is restored, the long period of consolidation is less than $ 3.50. The USA begins to look like the phase of building the base. Traiders monitor confirmation through volume and breakthrough candles.

Key levels to see

Direct resistance is $ 3.25, followed by $ 3.50, which also corresponds to a 100-day SMA. On the other hand, $ 3.00 remains psychological and structural support. Below below, which would be invalid from the bull structure and put up a ton of refusals of $ 2.80.

If the price of a ton breaks $ 3.50 with a strong volume, the next target is $ 4.00, resistance with a round number and the previous level of breakdown since February. This will be 25% of growth from current levels.

Ton price forecast: 30-day price forecast

Assuming that constant power in altcoins and bitcoins holding above the key levels, the price of tone can realistically aim at a zone of $ 3.50–4.00 over the next 30 days. Nevertheless, it depends on the wider market stability and ability to close above $ 3.25 with the confirmation of volume.

If the bear resumes, a fall to $ 3.00 or even $ 2.80 can quickly turn around. Risk management is key.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة