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- $NEO price soared more than 40% to hit a two-year high above $22.
- Toncoin extended gains seen on Monday as price discovery drove $TON to a new all-time high.
The crypto market recorded a decent bounce on Monday, with Bitcoin price hitting highs above $72,000 to buoy multiple altcoins. Toncoin and $NEO are some of the top performers in the past 24 hours. Here is a brief price outlook for $TON and $NEO.
Both altcoins are extremely bullish as analysts share predictions for $BTC ahead of Bitcoin halving.
Toncoin price prediction as $TON extends gains
Toncoin ($TON) is one of the coins to surge amid the $BTC bounce. As highlighted yesterday, Toncoin price rose to a new all-time high as fresh bullish momentum hit the crypto space.
Read more: Toncoin ($TON) price hits a new all-time high
$TON has extended its gains to a new all-time high of $6.96, with price up more than 23% in the past 24 hours. Toncoin’s trading volume has increased more than 600% in this period, reaching over $843 million at the time of writing.
Toncoin price chart
A look at the daily chart shows the Toncoin token price is above the 50-day exponential moving average. RSI and MACD indicators also suggest bulls have an upper hand.
With price in discovery mode amid overall bullishness for the coming months, it is possible $TON price could target $10 and possibly higher.
On the downside, bulls may have immediate support around $6.34 and a robust demand reload zone around $5.00
$NEO price prediction: What next after 40% surge?
The price of $NEO spiked more than 40% on April 8, surging as to highs of $22.46. This saw $NEO reach a two-year high, with prices at levels last in April 2022.
Gains also extended $NEO’s upside above the tough hurdle around $18.15. The upswing brings the recent resistance zone at $16.93 into play as a potential reload zone for buyers.
$NEO price chart
On the upside, $NEO could retest prices at March 31, 2022 highs of $29.63. A bullish flip could catapult $NEO/USD to November 2021 highs of $41.49.
Currently, $NEO is trending around $21.06 as some traders take profits. While the paring of gains could increase with a dip below $20.00, its likely bulls remain in control. The daily RSI and MACD indicators suggest this scenario.