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Toncoin (TON) Price Rebounds, Analyst Says Wave 5 Is Coming

Linda Hamilton
Release: 2024-11-08 00:10:14
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Despite its connection with Telegram, the Toncoin crypto has been trading under bearish sentiment in the past month. The performance of the token has been underwhelming.

Toncoin (TON) Price Rebounds, Analyst Says Wave 5 Is Coming

Toncoin (TON) and Bittensor (TAO) Might Lose Steam As U.S. Elections Conclude

Toncoin crypto is testing previous support levels, and might be signaling the start of Wave 5.

After showing gains of over 300%, DTX Exchange is set to become a favorite among investors.

Toncoin (TON) Price Rebounds, Analyst Says Wave 5 Is Coming

Toncoin (TON) is showing underwhelming performance as a result of bearish sentiment. According to CoinMarketCap, the value of the Toncoin token has decreased by 5.1% on the 7-day timeframe and by 9% on the 30-day level. Currently, the price of the Toncoin crypto is trading below the $5 mark.

Analysts say that Toncoin must recover this level to increase the chances of an uptrend. However, the 14-day RSI of the token is at 30, which indicates bearish sentiment. Despite this, analysts like CryptoBullet believe that the ongoing correction could end soon.

In a recent tweet, the analyst told his followers that Toncoin is testing previous areas for support and that, according to his analysis, Wave 5 is coming soon, which could propel the price of the cryptocurrency up the charts. The analyst predicts that the value of the Toncoin token could reach a target of $12-$15 in the next few weeks.

Toncoin (TON) Might Be Preparing for Wave 5, According to CryptoBullet.

Toncoin crypto is showing underwhelming performance as a result of bearish sentiment. According to CoinMarketCap, the value of the Toncoin token has dipped by 5.1% on the 7-day timeframe and by 9% on the 30-day level. Currently, the price of the Toncoin crypto is trading below the $5 mark.

Analysts say that Toncoin must recover this level to increase the chances of an uptrend. However, the 14-day RSI of the token is at 30, which indicates bearish sentiment. Despite this, analysts like CryptoBullet believe that the ongoing correction could end soon.

In a recent tweet, the analyst told his followers that Toncoin is testing previous areas for support and that, according to his analysis, Wave 5 is coming soon, which could propel the price of the cryptocurrency up the charts. The analyst predicts that the value of the Toncoin token could reach a target of $12-$15 in the next few weeks.

Toncoin (TON) Might Be Preparing for Wave 5, According to CryptoBullet.

Toncoin crypto is showing underwhelming performance as a result of bearish sentiment. According to CoinMarketCap, the value of the Toncoin token has dipped by 5.1% on the 7-day timeframe and by 9% on the 30-day level. Currently, the price of the Toncoin crypto is trading below the $5 mark.

Analysts say that Toncoin must recover this level to increase the chances of an uptrend. However, the 14-day RSI of the token is at 30, which indicates bearish sentiment. Despite this, analysts like CryptoBullet believe that the ongoing correction could end soon.

In a recent tweet, the analyst told his followers that Toncoin is testing previous areas for support and that, according to his analysis, Wave 5 is coming soon, which could propel the price of the cryptocurrency up the charts. The analyst predicts that the value of the Toncoin token could reach a target of $12-$15 in the next few weeks.

Bittensor (TAO) Price Starts Uptrend, Can It Wipe Current Losses?

While the rest of the market is in profit, Bittensor (TAO) is showing losses of 3.0% on the weekly timeframe and 20.1% on the monthly level. The value of the AI-focused altcoin has been on a downtrend in the past month after losing the $650 level, according to CoinMarketCap’s data.

However, the Bittensor crypto is showing upward movement on the daily charts. The token has triggered a bullish reversal and is pushing for a new wave. The price of the Bittensor crypto has increased from $420 to $520, fuelled by the ongoing US elections.

Don.Inj forecasts that the value of the Bittensor coin could soar to $750 in the near future if the upward trend remains. The cryptocurrency’s 14-day RSI is currently rising and has crossed 40, a sign that more buyers are entering the market.

DTX Exchange (DTX) Price Ready for Another Potential 5x Surge

The recent performance of DTX Exchange (DTX) has been terrific, rising by more than 300%. The project has raised over $6.7 million in funding. Analysts

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