Sellers remain more powerful than buyers, according to CoinStats.
![Article image](https://cnews24.ru/uploads/5f2/5f23c9c3ea16df58a862b4991af0c1c8bb3fcf91.png)
TON/USD
The rate of Toncoin (TON) has rocketed by almost 10% since yesterday.
![Article image](https://cnews24.ru/uploads/015/0154cc6832662ef2f0f4b86db5f8b0847b3649a6.png)
On the hourly chart, the price of TON might have set a local resistance level of $7.262.
If the daily bar closes far from it, bears may seize the initiative, which might lead to a drop to the $6.60 area shortly.
![Article image](https://cnews24.ru/uploads/c10/c10308876cefd47cffb98789d3640ec44cb9b324.png)
On the bigger time frame, one should pay attention to the daily candle closure in terms of the $7 mark. If it breaks out, the rise might continue to the $7.30 range.
![Article image](https://cnews24.ru/uploads/009/00903e9752e654c1ceed8638f272274ba01f00a7.png)
From the midterm point of view, the rate of TON is in the middle of a wide channel. If the picture remains the same until the end of the week, sideways trading around the $7 area is likely to continue.
TON is trading at $6.911 at press time.