u.today
Some coins are back to the green zone, according to CoinStats.
TON/USD
Toncoin (TON) is one of the biggest losers today, going down by almost 5%.
On the hourly chart, the rate of TON has made a false breakout of the local resistance of $3.598. However, if buyers can seize the initiative, there is a chance to see a level breakout, followed by a move to the $3.650 zone.
On the bigger time frame, traders should focus on the daily bar's closure in terms of the $3.511 level. If it happens far from it, there is a possibility to see a bounce back to the $3.60-$3.70 area shortly.
A less bullish situation can be seen on the weekly chart. Bulls have failed to keep the rise after the previous bullish candle closure.
If nothing changes by the end of Sunday, the fall is likely to continue to vital zone of $3.
TON is trading at $3.55 at press time.