Toncoin makes waves again as she continues to navigate her price table higher. It should be noted that you were the only winner during yesterday’s crisis. Speaking of press numbers, Toncoin Price has increased by 4.94% since yesterday and 10.38% during the week.
That being said, you don’t just put up the bullish feeling, he actively creates it. The race is supported by the increase in treasure of $ 400 million in the Foundation tone. And Push telegram to extend the blockchain utility for its 900 m and +user base. If you are asking yourself questions about the next stand for tonne, you are in the right place.
User activity is stable
According to Santiment, the number of active addresses of 7 days on the Ton network remains resilient, seated at 863 on August 1. As the graph shows, the activity of the address stabilized after a brief drop in late July, reflecting the sustained commitment of users.
This metric supports the recent action of Toncoin prices and aligns with the integration of Telegram applications. In addition, indicating that the demand for an underlying network is not speculative but is developing organically alongside the expanding ecosystem.
Tonceoin price analysis:
The price in tonne is today at $ 3.676 with a market capitalization of $ 8.84 billion. It is then that the volume of 24 hours remains healthy at 583.89 million dollars despite a minor drop of -2.97%. The price range between a minimum of $ 3.36 and a summit of $ 3.71 suggests intraday volatility but with an upward bias.
Technically speaking, your is negotiated in an ascending parallel channel. He bounded on the lower strip and now tests resistance nearly $ 3.69, which coincides with the higher trend line. Successively, the escape above the level of fibonacci retracement from 23.6% to 3.44 and the pivot point at $ 3.53 acted as a key confirmation for Momentum traders.
That being said, the immediate resistance for your is $ 3.80, and a decisive break could propel the token to the next psychological target of $ 4. Up to decrease, immediate support is at $ 3.31, followed by a stronger floor at $ 3.25, which aligns the channel’s midline and past consolidation areas.
Faq
The price of 1 tone at the time of the press is $ 3.666, with an intraday gain of 4.94%
The price of Toncoin is driven by the growth of telegram ecosystems, the structure of the bullish graph and the increase in demand for Altcoin.
Yes, if the momentum is maintained and erases $ 3.80 with volume, $ 4 is a probable short -term lens.
