Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Toncoin Price Forecast: August 2
The Toncoin price forecast is for the market to head down for a proper test of the $0.9940 demand level before it re-ignites its bullish movement.
Toncoin Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $1.8100, $2.0040, $2.6220
Zones of Demand: $0.7420, $0.9940, $1.3680
TON has recently yielded to the increased selling pressure it faced. Notably, the price displayed a tapering movement within a triangular structure, resulting in a downward spike from $1.3680 to $0.9940, before retracing back to $1.3680. Due to this interrupted process, the buyers lacked the necessary momentum to drive the price further upward, leading the coin towards a crucial test of the $0.9940 support level.
Toncoin Price Forecast: TON Outlook
The price has been exhibiting a tapering movement within a triangular structure. This eventually leads to a downward spike from $1.3680 to $0.9940, before rebounding back to $1.3680.
However, the buyers lacked sufficient momentum to push the price higher, causing the coin to head back downward towards a crucial test of the $0.9940 support level.
On the daily chart, the 50-day Moving Average (MA) remained above the price, contributing to the downward pressure on the market.
Toncoin Medium-Term Trend: Bullish (4-hour chart)
The MACD (Moving Average Convergence Divergence) indicator on the daily chart also reflects a negative turn, failing to surpass the zero level and further indicating the market’s decline under pressure.
Zooming into the 4-hour chart, the 50-day MA is positioned just above the candlesticks, intensifying the pressure. The MACD experienced a significant drop, although some temporary relief was observed. Despite this, the market is anticipated to undergo a test of the $0.9940 support level before potentially recovering and moving upward again.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
