Cryptocurrency

Toncoin

April

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/the-open-network-ton-prices-usd" title="Toncoin token" class="f-link" rel="noopener noreferrer nofollow">Toncoin token</a> has broken above the significant resistance level at $5.68, achieving its highest point since March 25th.</li>
 <li>On April 8th, #Toncoin ($TON) witnessed a surge above the resistance zone ranging from $5.50 to $5.69, indicating the commencement of a new uptrend phase.</li>
 <li>After a period of sideways trading, Toncoin ($TON) has established itself firmly within an ascending channel pattern.</li>
 <li>Within a 24-hour timeframe, Toncoin experienced a remarkable surge of over 22%, peaking at a record high of $7.11.</li>
 <li>Over the past week, the TON token observed an impressive 41% surge, driven by speculation surrounding Telegram's IPO.</li>
 <li>Looking ahead, the next ambitious target for Toncoin (TON) is projected at $7.80, which aligns with the 1.618 Fibonacci extension level.</li>
 <li>Breaking $5.70 would nullify the bullish view. Conversely, TON gets solid backing at $4.80, aligned with 78.60% Fibonacci retracement</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coingabbar Price Prediction" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Price Prediction</a>, On an optimistic note, such a breakout momentum could drive the market price of the meme coin towards the $0.000050 mark.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $8.00-$10.00
SUPPORT LEVEL : $5.50-$4.00
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Toncoin Price Prediction: Is TON Coin on Track to Hit $10?

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