What to Know: Because apparently, even crypto has mood swings now
- TON-USD took a nosedive from $3.21 to $3.16 — a tiny 1% dip, but hey, who’s counting?
So, apparently, TON’s decided to throw a tantrum, failing to break free at $3.22 and plunging as if it remembered it left the oven on. CoinDesk Research says it was a dramatic day — peak trading hours saw more selling than a clearance sale on socks.
Meanwhile, the broader market, CoinDesk20 Index, just sat there looking bored, unbothered as always.
All the fancy technical indicators are buzzing, painting a picture of a potential bearish nightmare: lower highs, lower lows, and enough gloom to make even a cloudy London day jealous.
Breaking the crucial $3.16 support? Confirmed. High-volume selling? Check. Looks like more downside might be on the horizon — because who doesn’t love a good market doomscroll, right? With the world economy yanking investor attention in all directions, TON’s just trying to keep up (or crash dramaticly).
Technical analysis highlight reel:
• Tried to break out at $3.22 but instead got shown the door with a big ‘Nope!’
• Volume spiked higher than your uncle at a wedding—selling in overdrive.
• Support at $3.16 held for a moment, like that one friend who always shows up late but stays for the snacks.
• Lower highs and lows since the ‘escape attempt’ show bearish vibes stronger than your ex’s new relationship.
• A double top at $3.18—because what’s life without a classic pattern of doom?
• Heavy sell-off pushed prices down past $3.16, sealing the deal that this support’s not coming back anytime soon.
• And just to spice things up, a 1.2% swing in an hour — because predictability is overrated, right? Market’s about as stable as a house of cards in a hurricane.
Read More
- Best Awakened Hollyberry Build In Cookie Run Kingdom
- AI16Z PREDICTION. AI16Z cryptocurrency
- Best Mage Skills in Tainted Grail: The Fall of Avalon
- Tainted Grail the Fall of Avalon: Should You Turn in Vidar?
- Nintendo Offers Higher Margins to Japanese Retailers in Switch 2 Push
- Nintendo Switch 2 Confirms Important Child Safety Feature
- Top 8 UFC 5 Perks Every Fighter Should Use
- Nintendo May Be Struggling to Meet Switch 2 Demand in Japan
- Nintendo Dismisses Report On Switch 2 Retailer Profit Margins
- Nvidia Reports Record Q1 Revenue
2025-06-04 20:27