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.