Will USDT Popularity on TON Boost Toncoin Price for $8 Breakout?

Toncoin price showed a modest 0.2% loss on Wednesday’s U.S. trading session, trading at $5.2. The slight downtick forms a neutral candle in the daily chart, continuing the consolidation trend intact since early October. However, with increasing $USDT transactions on the $TON network and bullish reversal, the altcoin price is preparing for an $8 breakout.