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The Toncoin price analysis indicates the TON crypto’s struggle at the lower trendline.
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It is trading below the 20, 50, 100, and 200-day daily moving averages.
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The Toncoin price has gained 11.88% year-to-date.
The Toncoin price analysis indicates that the TON crypto is currently making efforts to reclaim its position in the bullish zone but failing in its attempts.
To start the recovery, TON needs to attract more buyers. Notably, the price has been entered within this bearish territory since Dec 23, as it recently slipped below it on key moving averages. furthermore, at the present moment, the TON price is striving to re-enter the bullish zone but bears pulling the price down. The key challenge here is building buyer confidence to support this upward momentum.
The Toncoin price had a remarkable rally in the previous months, rising from the $1.27 support zone to the $2.77 high by Nov 2023. However, the TON crypto failed to sustain i
We współpracy z: https://www.thecoinrepublic.com/2024/02/07/toncoin-price-analysis-will-ton-price-break-the-bearish-hold/
