the next goal for the TON price could be to reach the above
Ton price was in an uptrend, and the price stayed above 50-day, and 200-day EMA on the daily chart. From last few sessions, the TON has been developing low momentum candles, signifying consolidation.
An analyst, Mister Crypto, Tweeted with the bullish sentiment on the X platform that In TonCoin (TON) a breakout appears imminent out of a symmetrical triangle pattern on the daily chart.
Similarly, based on the analyst tweet, the TON asset daily chart also shows bullish gestures. Likewise, the MACD line happens to be above the zero line with an anticipated bullish cross and the RSI flashed at 55.41.
Therefore, if the breakout occurs, the next goal for the TON price could be to reach the above levels, such as $7.00 and $8.0.
On the contrary, if the price continues to trade inside the pattern again, the pattern made in TON or if the crypto price fails to stay above the $6.0 level, it could also decline further towards, $5.0 support.
An analyst, Mister Crypto, Tweeted with the bullish sentiment on the X platform that In TonCoin (TON) a breakout appears imminent out of a symmetrical triangle pattern on the daily chart.
Similarly, based on the analyst tweet, the TON asset daily chart also shows bullish gestures. Likewise, the MACD line happens to be above the zero line with an anticipated bullish cross and the RSI flashed at 55.41.
Therefore, if the breakout occurs, the next goal for the TON price could be to reach the above levels, such as $7.00 and $8.0.
On the contrary, if the price continues to trade inside the pattern again, the pattern made in TON or if the crypto price fails to stay above the $6.0 level, it could also decline further towards, $5.0 support.
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