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Toncoin Price Forecast Hints a Risk of 25% Fall Amid Emerging Double Top Pattern

source-logo  coingape.com 20 May 2024 19:59, UTC

Toncoin Price Forecast: TON, the native cryptocurrency of the Toncoin network, has been underperforming the broader crypto market since last week. While most of the major altcoins witnessed notable gains from the Bitcoin price recovery above $65000, the TON price reverted sharply from the $7.5 resistance. The bearish reversal tumbled the asset by 17% to currently trade at $6.5 mark. Will the correction extend and BTC recovery will change the tide?

coingape.com