Toncoin
shows the bullish momentum in the short-term, with the price action forming a solid pattern of uupin and significant volume support, according to the technical review model of Coindesk Research. The token reached 1.5% in the last 24 hours.
CoinDesk 20 – an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, exchange coins and memecoins – lost 0.4% at the same time.
Technical analysis
• Higher lows established at $ 2.80, $ 2.81 and $ 2.83, confirming the structure of the support.
• Falling resistance to $ 2.85 in extraordinary volume.
• Strong support to $ 2.82 confirmed in many retests.
• A 0.71% earned $ 2.86 with a decisive breakout.
• The peak volume exceeds 69,000 units, proving the strong pressure of the purchase.
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.
