Will Toncoin Survive the Red Sea? πŸŒŠπŸ‘€

Oh, what a tangled web we weave when first we practice to deceive! Yet, some coins have managed to sneak into the green zone, according to CoinStats. πŸƒπŸ’°

TON/USD

Dear readers, let us shed light upon the misfortunes of Toncoin (TON). It seems that the coin is having a rather gloomy day, tumbling down by almost 5%. πŸ˜±πŸ“‰

On the hourly chart, the rate of TON has played a little trick on us, making a false breakout of the local resistance of $3.598. But fear not, for if the buyers can gather their wits, there is hope yet for a level breakout, leading us to the promised land of the $3.650 zone. πŸ™πŸ“ˆ

Now, on the grander scale, the daily chart beckons our attention. Traders must keep an eye on the daily bar’s closure in relation to the $3.511 level. Should it close far from this mark, a bounce back to the $3.60-$3.70 area may soon follow. πŸŽ―πŸš€

However, the weekly chart paints a less rosy picture. Our dear bulls have faltered in their efforts to maintain the upward momentum after the previous bullish candle closure. 😣…

Should the situation remain unchanged by the end of Sunday, the fall might continue to the vital zone of $3. Will the bulls find their strength, or will they succumb to the bears’ relentless assault? Only time will tell… ⏳🐻

At press time, TON is trading at $3.55. Will it sink or swim in the tumultuous sea of cryptocurrency? 🌊…

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2025-04-04 15:08