Top TON Tokens To Buy: Toncoin (TON), Catizen (CATI), Notcoin (NOT), and DOGS

Over the TON chain, the top five tokens, TON, USDT, CATI, NOT, and DOGS lead the network growth with staggering numbers of addresses.

The top five tokens on the TON chain, TON, USDT, CATI, NOT, and DOGS, are driving the network's growth with impressive numbers of addresses.

With TON alone holding 19.39 million addresses, compared to Ethereum's top memecoin, PEPE, with only 280K addresses, the scale of TON's user adoption becomes evident.

As the broader market recovers amid the news of Digital Currency Group pausing withdrawals, let's analyze the top altcoins on the TON Chain for a potential breakout run this week.

Top TON Tokens To Buy

Toncoin (TON)

The TON price, despite the bullish trend attempting to surpass the 200-day EMA, finds support at the 23.60% Fibonacci level, forming a consolidation range between $5.66 and $5.47.

Now, the TON coin forms the fifth doji candle near the 200-day EMA, with the 50-day EMA maintaining a sideways trend. Despite the death cross looming over the TON price chart, the bull cycle dominates the $5.50 psychological mark and will likely challenge the overhead trendline.

As the broader market recovers, a potential breakout of the overhead trendline will target the 78.60% Fibonacci level at $7.42 or $8.18 by the end of this week. On the flip side, the $5.50 support and the $5 psychological mark are likely to hold the TON coin prices.

Curious to learn the TON price targets by the end of 2024? Learn more in Coinpedia's Toncoin price prediction for 2024 to 2030.

Catizen (CATI)

The Catizen token, after the massive surge of almost 140%, is in an intense pullback, dropping from the $1 psychological mark and trading at $0.75.

With a decline of 25% from the $1 psychological mark, the meme coin approaches a crucial support level of $0.6960. The support level resulted in a consolidation range for a bullish bounceback once before and is likely to propel the CATI token once again.

With a bullish contract, the CATI token will likely challenge its 50% Fibonacci level at $0.8738. However, with the growing user base and the broader market recovery, the $1 psychological mark is still a potential target level for next week.

Notcoin (NOT)

The Notcoin, after a period of growth, is undergoing a correction phase, dropping under the $0.010 mark and forming a falling wedge pattern in the 4-hour chart.

Currently, it trades at $0.0074 with an intraday gain of 2.17%, and shows bullish divergence as it trades near the support trendline. With the increasing chances of an overhead breakout, the NOT price will likely challenge the 50-day EMA near the $0.10 psychological mark.

Amid the broader market recovery and the growing user base of Notcoin, the $0.013 and $0.017 are potential upside targets.

DOGS (DOGS)

Similar to NotCoin, the DOGS token shows a falling wedge pattern in the 4-hour chart. As a recently launched token on Binance last month, the declining trend starts after reaching a peak of $0.0015.

With overhead rejections, the falling wedge pattern now tests the $0.007956. With bullish divergence in the RSI line, the DOGS token shows a high possibility of a bullish breakout.

Furthermore, the recent lower price reaction in the 4-hour candle near the support confluence bolsters the bullish chances. Meanwhile, the 50-EMA in the 4-hour chart merges with the overhead trend line and provides a high supply zone to keep the bullish growth under check.

Nevertheless, using the trend-based Fibonacci level, the upside targets for Dogs are present at the $0.0010 psychological mark and $0.001297.

The above is the detailed content of Top TON Tokens To Buy: Toncoin (TON), Catizen (CATI), Notcoin (NOT), and DOGS. For more information, please follow other related articles on the PHP Chinese website!