TONCOINUSD
TON has significant potentialHi traders! Today we're talking about TON, a coin that is trading in an ascending channel.
On the TON/USD chart, we can see that the coin has been trading in an ascending channel for some time now. This means that the price of TON is increasing within the two parallel lines that form the channel.
What does this mean for traders? If we look at the TON chart in the context of the ascending channel, we can expect the price to continue to rise. Of course, this doesn't mean that the price can't fall, but growth is more likely in this context.
What are some possible entry points? If we consider the ascending channel, we can look for possible entry points at the support line of the channel. In other words, when the price of TON reaches the lower line of the channel, it may be an ideal time to enter into a buy trade.
Of course, we always need to be cautious and use additional analysis tools to confirm our decisions. But overall, the ascending channel is a very interesting indicator for traders who want to profit on TON.
It's also worth noting that TON has a significant potential for growth in the future, as the project has a strong team and a large community of supporters. So, if you want to take a position in TON, it's worth considering the possibility of entering into a trade within the ascending channel.
TON - Rocket fly against the entire market!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I have not written anything on this project for a long time, but I often follow it and am constantly surprised.
For example: on Friday, when the entire market was whizzing down, TONCOIN was able to grow by +10%, how do you ask?
So I repeat once again who sees this coin for the first time and perhaps wants to add it to their investment portfolio.
This project has its own separate blockchain with which a large team of developers is actively working and Pasha Durov, under the guise of Elon Musk, writes his posts in and also pumps the project like Elon DOGE at one time.
Here is an example of one of the news of the project this week:
TON has been integrated into the Orbit Bridge cross-chain platform, which connects 19 blockchains and 84 popular tokens.
Cross-chain platforms are projects that are designed to securely move tokens from one blockchain to another using bridges. With the help of a bridge, for example, it is possible to move the native token of the Ethereum network to the TON network.
This can be said to be insignificant news was released on December 8, and after a couple of days TON flew away by 35-40%, that's how it is guys.
I bought another TON at $0.9 and sold somewhere in the region of $2-2.5 now I expect a correction to the $1-1.5 zone, from there I will most likely buy for the long term.
The project has a very big future and many goals for the next year. I will not be surprised if TON in the middle of 2023 will cost $5-7 and this is the bare minimum.
TONUSD - Bullish Fibonacci Transition Transitions between a drawn Fibonacci circle can be seen to be full of bullish activity for TONUSD
The first pushing price way above a channel that can be drawn (price label 1.99)
The second being sharper but still within channel
And the next again breaking the channel pushing price up high (other label)
Interesting Chart
🚀 TON Coin;The Open Network(TONCOIN/USD Analysis)📊Hello Crypto community Welcome again to this analysis ,today I'm gonna introduce another high potential crypto gem .🚀💰
🔹Rank #207,/ kind :Coin \\ Market Cap:$ 2,204,582,069 \\ Fully Diluted Market Cap: $9,024,807,342>> ✅
Max Supply: 5,000,000,000 / Total Supply: 5,047,558,528 /// Circulating Supply : 1.22B TON ( 24%) >> RISKY 📛
Holders Statistics : Top 10 Holders --> 72.21% , Top 20 Holders --> 78.48%, Top 50 Holders -->87.08% >> 📛
🆗 What Is TON Coin?
TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly.
Apart from processing millions of transactions per second, TON blockchain-based ecosystem has all the chances to give rise to a genuine Web3.0 Internet with decentralized storage, anonymous network, DNS, instant payments and various decentralized services.
As the ecosystem expands, we see a huge potential of TON coin and numerous ways for it to work in the new economy. We expect it to go beyond a means of payment.
ton.org-Coinarketcap
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📊 Technical
As you can see on the DAILY timeframe for TONCOIN/USD , It is trading under a strong volume zone which I call it pivot zone and also we can imagine a big triangle pattern for Toncoin . so in order to have an uptrend rally it should be able to breakout both pivot zone and descending trendline of triangle with enough volume as confirmation and thus in this case then it can attack to higher resistance zone , but otherwise as you can see it can fluctuate in this current triangle pattern for a while and have more decline , and it can even fall upon the lower support levels .
🛑resistance level: $2.69-$2.87 ///3.43-3.67
🆚PIVOT :$1.88-2
❇️support levels: $1.60- ///1.44//1.30
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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TONCOIN: Above buy resistanceHello dear friend!
"The next gen network to unite all blockchains and the existing Internet
Apart from processing millions of transactions per second, TON blockchain-based ecosystem has all the chances to give rise to a genuine Web3.0 Internet with decentralized storage, anonymous network, DNS, instant payments and various decentralized services.
As the ecosystem expands, we see a huge potential of TON coin and numerous ways for it to work in the new economy. We expect it to go beyond a means of payment.
Stakes deposited by validators to be eligible to validate transactions and generate new blocks and coins. Voting power to support or oppose changes in the parameters of the protocol. Income (gas) paid to validator nodes as reward for processing transactions and smart contracts under the PoS consensus. Loans to validators extended against a share of their reward. Payment for services and options implemented by TON Services, TON Storage, TON DNS, TON Proxy, TON WWW. In particular, for bypassing censorship, storing data, hiding identity, using blockchain-based domain names." source CMC