Toncoin (TON) Price Prediction for February 21
WikiBit 2025-02-22 09:45
The cryptocurrency market remains bullish today, according to CoinStats.Top coins by CoinStatsTON/USDThe rate of Toncoin (TON) has gone up by 2.71% over
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Toncoin (TON) Price Prediction for February 21
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The cryptocurrency market remains bullish today, according to CoinStats.
Top coins by CoinStatsTON/USD
The rate of Toncoin (TON) has gone up by 2.71% over the last 24 hours.
Image by TradingView
On the hourly chart, the price of TON is falling after setting a local resistance of $3.711. If the decline continues, the correction may lead to a test of the support of $3.551 by the end of the week.
Image by TradingView
On the daily time frame, the picture is bearish as the rate is near the local support of $3.497. If a breakout happens, traders may witness a test of the $3.40 range shortly.
Image by TradingView
From the midterm point of view, there are no reversal signals yet.
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If the weekly bar closes below the previous candle low, one can expect a drop to the $3 area by the end of the month.
TON is trading at $3.588 at press time.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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