Ton-USD went from $ 3.156 to $ 3.24, showing remarkable force with a gain of 2.66% during a powerful escape supported by a high negotiation volume, according to the Technical Analysis model of Coindesk Research. The cryptocurrency found a support near the area from $ 3.19 to $ 3.20, forming a double-term potential short-term motif which could serve as a level for the continuation of the wider rise trend.
The Coindesk 20 – An index of the first 20 cryptocurrencies by market capitalization, excluding stablescoins, the same and exchange parts – is up 1.1% in the last 24 hours.
Technical analysis
• Ton-USD demonstrated a remarkable force during the period 24 hours a day, going from $ 3.15 to a peak of $ 3.24, representing a range of $ 0.08 (2.66%).
• Price action has formed a clear trend with higher stockings and higher highs, leading to a powerful break with the highest volume of the period (5.46 m).
• The key support established at $ 3.15 at $ 3.16 firmly held during multiple tests, while the resistance to $ 3.20 was decisively disturbed in high volume, confirming the bullish momentum.
• Subsequent consolidation of almost $ 3.20 after reaching the high level of $ 3.24 suggests taking advantage but maintains most of the gains, indicating a continuous increase in movement if the support for volume persists.
• During the last hour, Ton-USD experienced significant volatility, initially continuing its momentum up to a peak of $ 3.23, representing a gain of 0.5%.
• This upward trend reversed, with a cascade price at $ 3.19, marking a drop of 2.7% compared to the summit.
• The sale was accompanied by a high volume, indicating a strong distribution.
• The price found a support nearly $ 3.19 and organized a modest recovery to end at $ 3.2, forming a potential double -bottomed pattern.
• This price action suggests taking advantage after the previous break, the area from $ 3.19 to $ 3.20 now established as a critical level of support for the potential pursuit of the wider rise trend.
Non-liability clause: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee the accuracy and membership of Our standards. For more information, see Complete Coindesk AI policy.
