Telegram’s Toncoin on the verge of a big leap to a new all-time high

Toncoin (TON), the Open Network cryptocurrency, originally launched by Telegram, is currently in the spotlight.

Recently, the Open Network introduced USDT payments via Telegram, achieved an impressive milestone, launched the soaring Notcoin (NOT), and started a partnership with a travel booking company.

Technical Analysis Toncoin (TON) Price

Toncoin is one of the fastest risers this year among the largest crypto coins. The price recently reached a new all-time high of $8.25, but then made a small decline.

Despite this, the analysts at Crypto Insiders told Discord members a week ago that they expect the price to rise again from here:

“TON is performing very strongly. We see that TON has made new highs while the rest of the crypto market is struggling.

After the new high, TON has fallen back to the support zone between the 0.618 and 0.66 Fibonacci levels. TON even briefly dipped below $7, but this does not seem worrying. It looks like the price is finding support here, as we expected.

This means that we expect the price to resume its upward trend from here. This seems to indicate that a new all-time high is in the offing, as long as the rest of the market does not become too bearish.

We foresee a possible rise to the blue zone around $10.5. We keep a close eye on TON in Discord and immediately share adjustments to our strategies with members if necessary.”

Good News for Dutch Crypto Traders

The new partnership between Bybit and SATOS, which has a license from the Dutch Bank, gives Dutch traders access to 400 new cryptocurrencies. Bybit offers the largest range of cryptocurrencies in the Netherlands. Don’t have a Bybit account yet? Register via this link and receive 20 euros in crypto as a welcome gift.

Read Also:  Crypto Gaming on the Verge of Explosive Growth

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These are therefore for educational purposes only.

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here