Advertisement
AD

Main navigation

Advertisement
Advertisement

Toncoin (TON) Price Prediction for November 8

Advertisement
Fri, 8/11/2024 - 14:50
Toncoin (TON) Price Prediction for November 8
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Buyers have seized the initiative again at the end of the week, according to CoinStats.

Advertisement
Article image
TON chart by CoinStats

TON/USD

The rate of Toncoin (TON) has risen by 2.41% over the last 24 hours.

Article image
Image by TradingView

On the hourly chart, the price of TON is looking bullish as it is coming back to the local resistance of $4.975. 

Related

If buyers can hold the gained initiative, one can expect a level breakout, followed by a move to the $5 area and above.

Article image
Image by TradingView

A bullish picture can also be seen on the bigger time frame. If the daily bar closes near $4.962, the accumulated energy might be enough for a test of the $5.10 range this week.

Article image
Image by TradingView

A less positive situation can be seen on the weekly chart. Even if the candle closes around the current prices, the rate of TON might need more time to accumulate energy for a further move. In this case, sideways trading in the zone of $4.80-$5.20 is the most likely scenario.

TON is trading at $4.956 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD