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: March 6
The Toncoin price forecast is for the market to stabilize itself above the consolidation zone, as failure to do this will result in a drop back into the consolidation zone.
Toncoin Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $2.77, $2.95
Zones of Demand: $2.48, $1.98
Toncoin finally exited the consolidation zone in which it has been ranging since early December last year. In theory, the price has been facing resistance from the consolidation zone since it surged in mid September last year. However, the consolidation was confirmed when the coin dropped off its rising trendline. At this point in time, the price has broken out of the consolidation, after which the bulls have weakened.
Toncoin Price Forecast: TON Outlook
Toncoin has recently exited the consolidation zone that characterized its price movements since early December last year.
Theoretical resistance from this zone has been apparent since a surge in mid-September, confirmed by a deviation from its rising trendline.
The breakout from consolidation, however, has now coincided with a weakening stance from the bulls after they expended much strength.
Toncoin Medium-Term Trend: Bullish (4-hour chart)
The critical question is whether the market can solidify itself at a key level above the consolidation zone or revert to it. The breakout of the price to $2.95 has led to the placement of the Parabolic SAR dots below the daily candles. The Stochastic Oscillator lines have also likewise surged to the overbought border in reaction to the breakout.
In the 4-hour timeframe, a downward spike of one candle below $2.48 was followed by a swift market recovery, pulling it back from a plunge into consolidation. However, the market’s instability is evident as the Parabolic SAR dots have switched above the candles, suggesting bearish pressure. The Stochastic indicator fluctuates between the overbought border and the 50 mark, indicating a potential buying base to support the price. Careful monitoring is advised in this volatile market environment.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment 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
