Toncoin
The strong support was established at $ 2.94- $ 2.96 before making a decisive move upward, showing stability even after a sharp pull, according to the CoinDesk research technical review model.
The token reached 1.5% in the last 24 hours, underperforming the coindesk 20 – an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins – which rose by 3.6%.
Technical analysis
• The price formed a solid support zone at $ 2.94- $ 2.96 in advance of the season, followed by a decisive breakout above $ 3.00.
• Significant upper-average volume (1.87m and 1.54m) supports the initial breakout.
• Despite a sharp pullback to $ 2.98 with the highest spike volume (2.97m), consumers quickly return.
• A powerful integration pattern -together formed, established support for $ 2.985.
• High Volume (272,668 units) that triggers the final breakout above $ 3.00.
• The new zone support established at $ 3.00- $ 3.01, proving the strength of the ascent.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
