Toncoin price jumps 10% after exchange listing: what's next?
Over the past two weeks, the price of #Toncoin (TON) has bounced back significantly to surpass 25%, retesting its 200-day EMA this week. Despite increased selling pressure, the price of TON pulled back sharply in the last session.
Renowned cryptocurrency exchange Binance announced the listing of Toncoin on August 8 on its platform. This led to an increase in buying interest and demand for TON, and it rose by more than 10% in a day.
Toncoin's price recently formed a double bottom near the under
1: $BTC support levels - $58,000 and $52,000 strong Support (this means there are buyers).
2: Bitcoin resistance - $62,000 and $66,000 strong resistance (this means there is no need to sell, bitcoin will sell). Market depend on $BTC whether you have updated it - according to the plan you have to do it yourself and do it with your funds. ,
Analysis -
BTC's support is at $58,000 and $52,000. Resistance is at $62,000 and $66,000.
Trade with caution and manage your risk according to the support and resistance levels mentioned above. BTC closed its daily candle at $61,685. $62,000 is working towards a key resistance as the daily 50 MA and 200 MA are present here. BTC will have to face resistance at $62,000 and daily candles will have to be formed above this level to give the price the possibility of a bullish move. #XRPVictory #MarketDownturn #BlackRockETHOptions
Last time when $BTC touched its high it took 6 months to come back for a new high … I don't know but it seems crash and a buying more opportunity soon...#Megadrop #btc70k #MtGox