There is a “Low Volatility Alert” on this Altcoin: “Be Prepared”

In a recent statement, an analyst from renowned cryptocurrency analysis firm CryptoQuant issued a “Low Volatility Alert” for Toncoin (TON). The analyst predicts that TON, which is currently trading near its all-time high, is about to experience a significant change in price volatility.

Over the past few months, TON has entered a period of stability in which its price has gradually increased. Interestingly, this increase was accompanied by a steady decline in volatility, as represented by the blue bars in the given chart.

This pattern shows that TON’s current price range is narrower than it has been in the last 60 days. According to the analyst, in the cryptocurrency world, periods of lower volatility are often followed by periods of higher volatility and vice versa. Therefore, based on this chart, the analyst predicts an increase in volatility for TON in the near future.

However, the analyst also advises investors to use other on-chain metrics to determine the direction of this expected volatility.

*This is not investment advice.

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