Analytics

Key Levels to Watch if Toncoin Enters Price Discovery Mode This Week

16.05.2024

With the Bitcoin price struggling to surpass the $65000 barrier, the altcoin market continues to face overhead supply. The Toncoin shows this lack of bullish momentum with a long-wick rejection candle at $ 7.67 resistance. The Toncoin price recently reverted from this resistance and tumbled the asset 6.6% to currently trade at $6.9, sparking a potential for further downfall.

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16.05.2024
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