Could $TON rally to $7? Key price patterns suggest potential - AMB Crypto Analytics

Irma - Oct 4 - - Dev Community

Toncoin (TON) saw a market recovery after an 8.0% drop last week, rising 2.41% in the last 24 hours to $5.135. TON aims for a short-term target of $6.1 but faces risks near the $5.510-$5.657 supply zone, which could trigger a decline if buying pressure weakens. Breaking past this zone could push it toward $6.1.

TON’s recent uptrend is supported by positive technical indicators like the Chaikin Money Flow (CMF) and the Relative Strength Index (RSI), suggesting growing buying interest. The RSI is climbing towards 50, signaling potential for further rally.

Market sentiment is turning bullish, with the Open Interest (OI) Weighted Funding Rate showing an increase in long-position traders. If TON crosses into bullish territory, it may hit its $6.1 and $7.0 targets.

Image description

Image
How Magento’s Security Scan Tool Protects Your Storefront from Threats

magento, security
Image
FutureProof Your Warehouse Operations with Korber WMS Solutions
Image
Qualities involving graphene deposited in GaN nanowires: impact of nanowire roughness, self-induced nanogating and flaws.
Image
15 Shocking Facts About Bifold Door Glass Replacement Cost That You Never Known
Image
Uneven multi-task focus system pertaining to men's prostate bed segmentation inside computed tomography pictures.
Image
Discovering Christopher Hildebrant: His Impact on Cincinnati's Community
Image
How to Improve Test Coverage of Your Testing Program

test, automation
Image
Strengthening North Texas Businesses: How ASG IT Consulting Boosts Cybersecurity and IT Efficiency

cybersecurity
Image
How AI-Enhanced Depalletizing is Revolutionizing Logistics?
Image
What is HTTP 413 Error? (Payload Too Large)

http
Image
DOCK2 Promotes Pleural Fibrosis through Modulating Mesothelial to Mesenchymal Changeover.
Image
KB3H8: an environment-friendly reagent for that picky reduction of aldehydes as well as ketones to be able to alcohols.
Image
Singled out keratinising cornael ocular surface area squamous neoplasia together with multifocal repeat.
Image
A state review assessing practitioners' employ and perceived electricity involving well-designed review.
Image
Immunotherapy-induced coeliac ailment inside preventive lung cancer.
Image
Hardship threshold and also posttraumatic tension problem: an organized evaluate and meta-analysis.
Image
Kutzneria chonburiensis sp. late., separated via garden soil.
Image
Mastering IELTS: Unlocking Global Opportunities Through Language Proficiency
Image
Real-Time Genomic Monitoring pertaining to SARS-CoV-2 Variants or worry, Uruguay.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .