TON
TONCOIN WILL KEEP GROWING|LONG|
✅TON/USDT is a coin to watch
As we are entering an Altcoin
Season again. A strong bullish
Rebound from the horizontal
Support of 4.4$ paired with
The strong bullish breakout of
The falling resistance line all
Make us bullish biased. Which,
Combined with the strong
Fundamentals of the coin,
Being a cornerstone of the
Entire telegram network and
Its internal marketplace makes
Us expect a strong bullish
Move up with the targets
Being 7.2$(+31%) and 8.2$(+51%)
Respectively.
LONG🚀
✅Like and subscribe to never miss a new idea!✅
TON LONGThe 2-day chart of TONUSDT highlights a potential reversal setup after forming a market structure break (MSB) around the 5.36 USD level. Price is now showing signs of bullish momentum with a possible move toward the higher resistance zone.
Trade Plan:
- Entry: Current price level (~5.36 USD) or upon minor pullbacks if price holds above the MSB level.
- Target: 8.28 USD – aligns with a major resistance level and potential profit-taking area.
- Stop Loss: Below 4.43 USD, near recent support, to manage downside risk.
This trade setup aims to capture a continuation of the bullish structure in TONUSDT, with a favorable risk-to-reward ratio.
TON Long Spot Trade (Structure Shift & 21 EMA Reclaim) Market Context: TON has shifted its market structure, reclaiming the 21 EMA as support. This signals a potential upward move, providing a good entry point at current levels.
Trade Setup:
Entry: Enter a trade around $5.00
Take Profit Targets:
First target: $5.92
Second target: $6.84
Third target: $7.83
Stop Loss: Daily close below $4.50
This strategy aims to capitalize on the momentum shift, with tight risk management given the support level reclaim. #TON
TON/USDT: BREAKOUT ALERT! 100% PUMP INCOMING!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
TON Coin is flashing major potential! It's breaking out of a descending triangle on the daily timeframe and looks primed for a potential 100% surge. This could be an ideal time to buy on spot or consider a low-leverage long position.
Entry Range: $5.4 - $5.6
Target: 80 - 100% upside
Stop Loss: $4.9
Leverage: 2x - 3x
Fundamentals of TON Coin:
TON (The Open Network) originated from Telegram’s vision for a decentralized blockchain ecosystem. With its high-speed processing and innovative sharding technology, TON Coin aims to support a scalable and open financial platform. As institutional interest grows, so does its potential for future adoption.
TON Coin’s setup looks strongly bullish! What’s your perspective? Share your insights and analysis in the comments below!
TON Coin Breaks out from Bullish Triangle Pattern TON coin has broken out from a solid and large bullish triangle pattern confirming that the bulls have taken control once again. it is likely to rise fruther in the coming weeks.
Iam looking at conservative targets but it seems the market does not want to see this coin below 4.8, where there is a very strong support zone.
The targets iam conserding are quite reasonable.6.1,7.00,and 8.00.
TON Analysis / Do you think Paul can regain controls?OKX:TONUSDT
BINANCE:TONUSDT
CRYPTO:TONUSD
Analysis of the scenarios facing Ton Coin
▶The price has now entered the shock phase and It started a bearish rally from the Stop Hunt range.
If Ton downward movement considered as an excellent buying offers for investors, and the news of Pavel's arrest calms down in the next few hours, the price can touch the Stop Hunt level again.
Of course, this scenario is not at all suitable for trading and analysis, and it's just a hopeful prediction of the price.
📉🔍On the other scenario, the price downward rally is more accurate in my opinion. The news of the arrest is going to disturb the market for some time and this issue will gradually shift the price to lower support levels.
But what do we do?
⚡As I said before, TON price is worth much more than what it is, and it is quite possible to reach the $12 level within the next year. But in the current situation, finding profitable buying levels should be the most important goal of medium-term market traders.
In the above analysis, the PRZ level will provide an excellent buying zone.
Even in a hopeful scenario, the second best level to buy Ton is inside the yellow zone. Of course, I myself prepare a much smaller volume for buying in this area.
After the yellow level, until the price reaches PRZ, I will buy two more steps with the Bollinger Midline indicator or MA 50.
But the main zone for me is near the PRZ area.
TONUSDT - Weekly timeframeThis weekly analysis of the TON/USDT chart highlights a potential price movement scenario based on recent price actions and support/resistance zones. The chart shows that TON/USDT has encountered significant support around the 4.780 level, as indicated by the shaded grey zone. Price recently dipped into this support area before bouncing back, suggesting that buyers might be accumulating at this level. The projection indicates an anticipated rally, with the price likely moving up to test resistance levels around 6.134 and 6.883.
The blue line illustrates the expected path, with a slight retracement near the current price region (around 5.446) before a continued upward momentum. The analysis suggests that a breakout above 6.134 could confirm a stronger bullish trend, targeting the upper resistance at 6.883. This bullish outlook would likely depend on the price holding above the 4.780 support zone. Conversely, if the price fails to hold above this support, it could invalidate the projected upward movement.
This setup combines technical support and resistance levels, with the grey zones marking key areas of interest for potential entries and exits based on price action.
Chart Analysis: TON/USDTThe chart provides a technical analysis of the cryptocurrency pair TON/USDT on a daily timeframe. Key elements include:
Price Action : Candlestick patterns illustrate the price movement of TON/USDT over time.
Trend Lines : Two descending orange trend lines indicate a downtrend.
Support and Resistance Zones :
A grey shaded area around the price level of 4.780, indicating a support zone.
Another grey shaded area around the price level of 6.883, indicating a resistance zone.
Projected Price Movement : Blue lines suggest potential future price movements, indicating a bullish scenario where the price could rise to around 6.883 and then potentially retrace before continuing upward.
Price Levels : Key price levels are marked with green horizontal lines at 4.780, 6.134, and 6.883.
Percentage Gain : A label shows a potential gain of 2.108 (44.14%) if the price moves from the current level to the resistance zone at 6.883.
This chart is valuable for traders and investors as it provides a visual representation of potential future price movements based on historical data and technical analysis. The use of trend lines, support and resistance zones, and projected price paths helps in making informed trading decisions.
TON's Situation: What Shall we Expect ??Now is the time for TON to grow. I don't know why, but TON reminds me of BNB in 2020 because we underestimated this coin a lot. As you know, this coin plays a key role in the Telegram messenger, which can gradually increase the value of this coin significantly.
Technically, TON is in a rising wedge, which can lead to an increase in price to the target shown in the chart after a breakout.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Left Behind No More: TON Prepares to Join the Bull Market SurgeBINANCE:TONUSD has been lagging behind the broader market rally, showing little momentum while other assets have been catching fire in this early bull run. But TON’s underperformance may be setting it up for a parabolic move as it catches up with the rest of the pack. The key now is how it navigates a series of critical resistance levels that could pave the way for a strong breakout.
Chart Analysis
BINANCE:TONUSD faces a major trendline resistance overhead, which has kept its price action constrained. This trendline has acted as a ceiling, pushing TON back down each time it attempted a breakout. But the setup is starting to look primed for a potential breakout, especially if it clears the daily order block (OB) near $5.18.
Entry Levels
Aggressive Entry: For those looking to enter sooner, around $4.89 aligns with the first resistance level and a potential retest of the order block. This level might reject, but for those willing to take the risk, it provides an early entry point.
Safer Entry Level: Waiting for a daily close above $5.18 could offer a stronger entry. This would confirm a break above the daily OB, flipping it into support and creating a solid foundation for TON’s next leg up.
Clearing $5.18 with a solid daily close will signal that TON is ready to reclaim lost ground. From there, the next significant target is around $6.68, followed by an eventual test of $7.42. This range, once reached, could push TON into a more sustained uptrend, as it gains strength from the breaker block above, leading it to catch up with other assets in the bull market.
Target & Potential Path
If CRYPTO:TONUSD TON breaks these resistance levels and confirms the trendline breakout, it could trigger a chain reaction—one that propels it toward $8.36 and beyond. This level represents a long-term target and is the likely zone for profit-taking as TON aligns with the broader market’s bullish momentum.
The setup is there. Now it’s a matter of whether TON can seize the momentum and break out of its slumber.
--------
Follow me for more updates and chart insights! Remember to trade safely, keep risk management at the top of your game, and always trust your own analysis before making moves.
Cheers!
Toncoin TON price will surprise everyone💎If you look closely at the OKX:TONUSDT chart, you can see/think that the last six months have seen a global trend reversal pattern - Head and Shoulders.
But! This pattern will be confirmed after the price of CRYPTOCAP:TON is firmly fixed below $4.50. Then the target is $2.30-2.50.
However, this is all very obvious, trite, and not interesting)
We want this idea to become prophetic and Legendary, so we hope for the beginning of a hypercycle of #Toncoin price growth with an ultimate goal of $93
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
TONCOIN high potential and next targets (educational) Hello and greetings to all the crypto enthusiasts, ✌
🧨 summary: 🧨
Toncoin is gaining recognition in the crypto space, supported by a strong community and increasing adoption across platforms. Despite facing short-term challenges, its potential for explosive growth remains promising, especially if it can stabilize around key support levels. 📚💣
Toncoin is a cryptocurrency that has become increasingly well-known among active participants in the crypto space, establishing itself as a significant player in the market. It enjoys robust community support, which manifests through one of the largest and most engaged groups on social media platforms. This active community not only generates discussions around Toncoin but also plays a crucial role in its promotion and utilization. Various channels are continuously and dynamically used to advocate for the coin, making it an influential entity in the cryptocurrency ecosystem. 📚🔥
The widespread use of Toncoin across multiple platforms over the years has been instrumental in its rise to prominence. As more users and investors discover its unique features and capabilities, the adoption rate of this token is likely to increase, further enhancing its market presence. This growing awareness can lead to more substantial investment inflows, creating a positive feedback loop that fuels its growth. I firmly believe in the incredible potential of Toncoin and anticipate significant upward movement in its value in the near future. 📚✔
However, to better understand the current situation, we must analyze the technical aspects of Toncoin. The present technical chart suggests that the token is traversing a downward channel, indicating that the short-term price action may face challenges. The first key support level to watch closely is $4.50. This level is pivotal because if Toncoin cannot maintain its position above this threshold, we may see further declines in its value. Should the price break below this level, the next significant support area we would need to monitor is $2.80. This price point serves as a crucial buffer for the token’s stability and market sentiment. 📚🎇
If Toncoin does decline to the $2.80 level and fails to rebound quickly, it could lead to a prolonged bearish phase, which may discourage some investors. However, it’s important to recognize that the cryptocurrency market operates in cycles of accumulation and distribution. Often, after a price drop, savvy investors, particularly market whales and major stakeholders, look for opportunities to buy in at lower prices. This phenomenon can create a strong base for recovery, as these larger players accumulate tokens at attractive valuations. 📚💡
Once Toncoin reaches this critical support level of $2.80, we might witness a significant accumulation phase. The involvement of institutional investors and market whales can act as a catalyst for price recovery. These entities often have the resources and strategic insights to navigate the market effectively, and their participation can enhance overall market confidence in Toncoin. As these investors buy up tokens, they can create upward pressure on the price, leading to renewed interest from retail investors. 📚🙌
Historically, when cryptocurrencies experience substantial accumulation at key support levels, they often bounce back with remarkable intensity. This pattern can lead to explosive price movements, particularly when the market sentiment shifts in favor of the asset. Given Toncoin’s strong community backing, innovative use cases, and potential for real-world applications, it stands to reason that the coin could be poised for impressive growth in the coming months. 📚✨
Furthermore, the broader context of the cryptocurrency market plays a significant role in Toncoin's potential trajectory. As more investors seek diversification and exposure to emerging projects, Toncoin could benefit from the general market trends. Additionally, if other major cryptocurrencies experience positive price action, it often creates a favorable environment for altcoins like Toncoin to gain traction and attract new investors. 📚✌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
SasanSeifi| TONCOIN:Is a Further Correction Coming?Hey there, ✌
🔹In the daily timeframe, analysing the KUCOIN:TONUSDT chart, reveals that the price has been on a downward trend since the $8 level. After breaking the crucial $6 support, this downtrend extended to around $4.80. Following this decline, the price saw a nearly 50% recovery and pulled back to $6, but then faced further correction to $4.50.
🔵Currently, with the price not stabilizing below the previous LOW, it has managed to grow at least 50% from the previous correction leg. The medium-term outlook remains generally bearish. If the price fails to break significant resistance levels between $6 and $6.50 and confirm a SELL signal while completing the pullback, further price correction towards $4 and potentially $3.50 might occur.
💢However, if resistance levels are broken and stabilize, the price may rise towards the $7.50 to $8 range. In this case, further analysis will be needed to determine if the previous high will be surpassed and whether the bullish trend will continue.❗❓
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Be careful with TONCOIN !!!BINANCE:TONUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = $6 Stay tuned for more updates, thanks.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TON Blockchain Fixes Two Critical Vulnerabilities: Good for ThemThe TON blockchain has recently rolled out update v2024.10 and FunC 0.4.5, setting the stage for substantial improvements in network performance and efficiency. This strategic upgrade has reignited optimism among investors, raising questions about whether Toncoin ( CRYPTOCAP:TON ) could reach the much-anticipated $20 price target.
Critical Update to the TON Ecosystem
According to a recent GitHub release, the update v2024.10 introduces sweeping changes to the TON ecosystem. One of the most notable enhancements includes increased synchronization speed and more efficient garbage collection (GC), which is crucial for systems running on slower disk drives. This optimization is expected to reduce overall latency, making the network more robust and responsive.
The update also minimizes network traffic, decreasing the volume of data transmitted and thereby improving efficiency across the board. Furthermore, the development team has streamlined the creation of channels and Distributed Hash Table (DHT) lookups, ensuring that network responsiveness is maintained even during peak demand.
Another significant advancement comes from fixing a critical bug in FunC, the smart contract language used on the TON blockchain. The patch enhances code execution and correctness, reinforcing the network's reliability. Minor improvements to the TON Virtual Machine (TVM) have also been introduced, collectively making the ecosystem more attractive to developers and market participants.
Market Sentiment Shifts: Toncoin’s Potential Rally to $20
Despite recent bullish developments, Toncoin ( CRYPTOCAP:TON ) has been grappling with bearish pressure. At press time, the token is trading at $4.83, having experienced a 2% dip in the past 24 hours. Weekly and monthly price charts reflect a 5% and 12% decline, respectively. Yet, the market is abuzz with speculation that these advancements could set the stage for a significant rebound.
We have projected a bullish scenario, envisioning Toncoin's potential surge to $15 and potentially $20 in the long term. This optimistic outlook is backed by a steady increase in token holders and favorable market technicals. As Toncoin ( CRYPTOCAP:TON ) rides the wave of its ecosystem enhancements, investor sentiment appears to be shifting, even in the face of broader market volatility.
Technical Analysis: Key Levels to Watch
Toncoin is currently trading with a mild 1.69% uptick and an RSI (Relative Strength Index) of 41, indicating a slightly oversold condition. The token is fighting to hold its $4 support level, a critical zone that has kept further declines at bay. As it struggles to gain momentum, the next significant resistance point lies at $5.37, a level aligned with the 50-day moving average (MA).
Encouragingly, the current daily candlestick patterns suggest the formation of a "Three White Soldiers" pattern. This bullish reversal indicator, if completed, could propel Toncoin ( CRYPTOCAP:TON ) toward the $5.3 pivot. The impending formation of the third candlestick will be crucial, as it could confirm a stronger upward trend fueled by the network’s recent updates.
However, Toncoin's near-term performance remains intricately tied to Bitcoin (BTC), which has been swinging around the $70k pivot. If BTC continues to exhibit high volatility, it could influence Toncoin’s price movements, making the broader crypto market a significant factor to watch.
Key Takeaways
The fundamental advancements in the TON blockchain offer a compelling reason for investors to remain hopeful. The improvements in network efficiency, reduced latency, and enhanced code reliability have positioned the TON ecosystem as a promising platform for developers and users alike. These upgrades could act as catalysts for driving Toncoin’s price higher, especially if the bullish "Three White Soldiers" pattern materializes.
In summary, while Toncoin ( CRYPTOCAP:TON ) faces immediate resistance at the $5.37 mark, the combination of technical indicators and recent network updates could provide the momentum needed for a broader rally. Should market conditions align, Toncoin ( CRYPTOCAP:TON ) may very well aim for the ambitious $20 target, making it a token worth monitoring closely in the coming weeks.
TON: rally to $6 begins?While TON’s price might have fallen below $5, IntoTheBlock data shows that the token’s Coins Holding Time has increased. Within the last seven days, this metric, which measures the amount of time a cryptocurrency has been held without being sold, is up 142%
Since it increased, it indicates that Toncoin short-term holders believe that a rebound could be close.
From the technical point of view, Toncoin is witnessing a massive rise in the Money Flow.
A continued rise in buying pressure might drive Toncoin’s price up to $6.15.
However, if Toncoin short-term holders opt to sell some assets, this upward trajectory could be disrupted, potentially causing the price to slide back to $4.46.
ANALYSIS | Crypto by MARKET CAPAs of time of posting, according to a reliable website the top 10 cryptocurrencies by market cap are as follow:
1) Bitcoin / BYBIT:BTCUSDT
2) Ethereum / BINANCE:ETHUSDT
3) Tether / COINBASE:USDTUSD
4) Binance Coin / BINANCE:BNBUSDT
5) Solana / BINANCE:SOLUSDT
6) US Dollar Coin / KRAKEN:USDCUSD
7) XRP / BINANCE:XRPUSDT
8) Dogecoin / BINANCE:DOGEUSDT
9) Tron / BINANCE:TRXUSDT
10) Toncoin / OKX:TONUSDT
11) Cardano / BINANCE:ADAUSDT
12) Avalanche / BINANCE:AVAXUSDT
You can find and track this easily by searching "Cryptocurrencies by market cap" or something in that line.
On the charts you will see the king - Bitcoin, as well as TOTAL (total cryptocurrency market cap) which is currently at 2.28T, and at the bottom right TOTAL3 (total cryptocurrency market cap without BTC and ETH), currently at 6.19B.
It's important to note that BTC determines the general direction of the altcoin market, but Cryptocurrencies do not necessarily move together with traditional assets such as stocks. That's why it's important to determine the macro trend before trying to analyze any individual coin. This is especially true for crypto's with a higher market cap. As you begin to look at altcoins that have smaller or micro market caps, they tend to dump/pump unexpectedly without moving together with BTC.
You'll often notice that the top 5-8 alts have similar chart patterns to BTC. Although they do still move within their unique support/resistance zones, it's safe to say that when you see a H&S on Bitcoin, you'll probably see it on the large-cap coins as well. I will say this - it's not the case for XRP and ADA. (I'm surprised to see they still hold such high positions in the ranks and I have a hard time identifying the potential reason for this other than old bag-holders/cult following).
With this info, you can conclude to a range of different outcomes, including but not limited to:
🥠 Using crypto as a hedge against traditional assets
🥠Using microcaps as a hedge against BTC
🥠 Microcaps carry more risk
That all being said - trading is risky, and crypto particularly more so. Even hedging doesn't guarantee safety when it comes to crypto.
____________________________
TON Toncoin potential SelloffTelegram CEO Pavel Durov has been charged for failing to prevent extremist and illegal content on the messaging platform and placed under judicial supervision, according to the Paris prosecutor's office on August 28.
Durov must report to the police twice a week and is barred from leaving France, the prosecutor's office stated on X.
Parisian investigative judges have also ordered the Russian-born Telegram co-founder to post 5 million euros in bail.
Meanwhile, TON Toncoin is currently in a bearish falling wedge pattern, with a new price target of $3.9.
#TON/USDTWe have an ascending channel model on the 4-hour frame, the price is moving within it and adhering to its borders well and heading to break it down.
We have a resistance area in green at a price of 5.90 if the price touches it and rebounds from it.
We have a trend to touch the moving average of 100.
We have an upward trend on the RSI indicator that supports further decline.
Entry price 5.65.
First target 5.50.
Second target 5.22.
Third target 4.87
Ankr Partners with TON Blockchain, Opening New OpportunitiesIn a groundbreaking development for decentralized application (dApp) developers, Ankr has announced its partnership with The Open Network ( CRYPTOCAP:TON ) blockchain. This collaboration aims to provide developers with a ready-made infrastructure, simplifying the process of building and deploying dApps. Ankr’s integration of TON into its Web3 API service gives developers instant access to essential tools, enabling the creation of next-generation dApps and digital assets within the TON ecosystem.
TON and Ankr: A Partnership for Web3 Growth
The TON blockchain, designed to power Web3 applications within Telegram’s vast ecosystem, is built on Telegram’s original technology. Its goal is to place crypto in the hands of 500 million users by 2028, offering them ownership over their digital identities, data, and assets. By joining forces with Ankr, TON opens the door for seamless development, removing many of the traditional barriers associated with blockchain dApp creation.
Ankr’s infrastructure eliminates the need for developers to set up their own TON nodes, saving countless hours of node operations and technical complexities. With TON RPCs (Remote Procedure Calls) provided by Ankr, developers can now access:
- Advanced tools for rapid application building: Ankr’s Premium RPC Plan offers dedicated TON endpoints, WebSockets capabilities, and support for up to 90,000 TON requests per minute.
- Prioritized requests and support: Developers using Ankr’s infrastructure gain access to priority support, ensuring faster development cycles.
- High-performance nodes: Ankr’s infrastructure connects developers to a decentralized network of high-performance nodes, allowing them to build and operate powerful applications on the TON chain.
As Chandler Song, Co-Founder and CEO of Ankr, stated, “Ankr is thrilled to support development on TON and ignite the proliferation of next-gen dApps, digital assets, games, and more on Telegram and beyond.”
TON’s Growing Ecosystem and Market Performance
TON is making significant strides in the broader blockchain market. With a live price of $5.16 USD and a 24-hour trading volume of over $147 million, Toncoin ( CRYPTOCAP:TON ) has become one of the top contenders in the cryptocurrency space, ranked #10 on CoinMarketCap. The Toncoin ( CRYPTOCAP:TON ) circulating supply currently stands at 2.54 billion TON coins, with a market cap of $13.1 billion.
Despite its steady market presence, CRYPTOCAP:TON is experiencing some technical challenges as the token currently trades within a falling trend channel, signaling a possible temporary dip. The RSI (Relative Strength Index) stands at 43.52, placing it in neutral territory and presenting a potential buying opportunity for investors. Although not yet oversold, TON’s RSI suggests room for a trend reversal.
Support and Resistance Levels:
- Immediate support for TON is currently at $4.70, a key level that could serve as a significant holding point.
- On the upside, resistance is at $5.70, TON's previous stronghold. Breaking through this resistance could set the stage for further price gains, with some analysts predicting a rebound as the coin stabilizes.
The Future of TON with Ankr’s Infrastructure
This partnership not only removes technical barriers but also empowers developers with the tools to build high-performance applications, digital assets, and games tailored for Telegram’s massive user base of 950 million. As Anthony Tsivarev, Director of Ecosystem Development at the TON Foundation, explained:
"Working with Ankr highlights our commitment to providing developers with the tools to rapidly build dApps on TON and leverage Telegram's vast global reach."
With a broader decentralized node infrastructure and seamless developer tools, Ankr and TON are poised to revolutionize how blockchain applications are built and deployed, opening a new chapter for the blockchain community.
Technical Outlook
At the time of writing, CRYPTOCAP:TON is showing a 0.53% increase, holding steady above key moving averages. The token’s recent price action suggests it is navigating a temporary sideways trend between $5 and $5.2. With support at $4.70 and resistance at $5.70, CRYPTOCAP:TON may continue to swing in this range unless a significant breakout occurs.
As the partnership with Ankr strengthens the TON ecosystem, the next few weeks could be crucial for its price momentum, with developers and traders keeping a close watch on the technical patterns that may shape TON’s future.
Conclusion
Ankr’s collaboration with CRYPTOCAP:TON brings a new level of ease and accessibility to dApp development, especially for projects building within the Telegram ecosystem. By providing instant access to a powerful and decentralized infrastructure, this partnership is expected to fuel the growth of innovative applications, digital assets, and more, setting the stage for a robust Web3 ecosystem on $TON.
Developers can now tap into Ankr’s Web3 API service to harness the potential of CRYPTOCAP:TON and create the next generation of decentralized solutions for millions of users worldwide. As the CRYPTOCAP:TON price shows signs of resilience, market participants and developers alike are optimistic about what lies ahead for this dynamic blockchain.