Ah, the great spectacle of crypto! As the week teeters towards its unfortunate finale, the majority of coins seem to take a trip down the proverbial rabbit hole, tumbling gracefully into the abyss, as reported by the astute folks at CoinStats.
TON/USD
Seems the illustrious Toncoin (TON) has decided to engage in a little self-sabotage, coaxing its rate down by a modest 3.73% in a mere 24 hours. Bravo, dear Ton, truly a remarkable display of gravity!
Gazing upon the hourly chart, one can observe TON desperately clinging to a local support at the delightful threshold of $2.826. A fitting metaphor for the market’s overarching despair, wouldn’t you say?
As we muse upon the Accelerated Technical Ruminations (ATR)—a feat that has been well and truly surpassed—the prospects for any sharp resurgences by day’s end appear rather dim. C’est la vie!
The daily canvas paints a rather bearish portrait, wherein we brace for the anticipated shattering of support at $2.816, ushering in a rather dreary correction towards the cursed lands of $2.60-$2.70 in the near future.
Now, if we adopt a midterm lens and squint just right, traders might find solace in the mystical barrier of $2.90. Should the candle extinguish its luminous glow below this figure, and if it shouldn’t dance with a long wick (the strangeness of candlestick art), we might be destined for an adventure down to the perilous realms of $2.40-$2.60 before the month breathes its last.
As it stands, dear reader, TON is traipsing around the $2.852 mark. What a curious phenomenon of market whimsy!
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2025-03-09 16:55