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Toncoin Price Forecast – August 14th
The Toncoin price forecast suggests that buyers will continue their bullish momentum as the crypto market experiences a surge in bullish activity.
TONUSD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Support Levels: $6.860, $7.660
Resistance Levels: $5.280, $4.590
The crypto market is currently experiencing a significant influx of bullish activity, and Toncoin is riding this wave. The Toncoin market has been marked by strong upward momentum, with buyers recently breaking through the $6.860 market area, demonstrating high volatility in the crypto price.
Toncoin Price Forecast: TONUSD Outlook
This breakthrough represents a notable victory for the bulls, who have been on the offensive for several days, accumulating strong liquidity. After a dip to the $5.380 key level, the TONUSD market has seen a consistent bullish push.
Toincoin buyers have built considerable strength, particularly this month, breaking through the $6.060 price level and confirming the move with a retest. The recent breakthrough of the $6.860 market area, continuing to trade through the $7.050 price level, further emphasizes the bullish sentiment.
The Momentum Indicator is currently showing a strong trend in favor of the buyers. Additionally, the Parabolic SAR Stop and Reverse indicator is supporting the ongoing bullish trend, indicating that the upward movement is likely to continue.
Toncoin Medium-Term Trend: Bullish (4-Hour Chart)
In the short term, the bulls are still gaining strength, with the potential for further bullish expansion in the market. The bullish trend is expected to grow stronger as the Momentum Indicator continues to advance.
The Parabolic SAR Stop and Reverse indicator also signals a strong bullish trend, with buyers targeting the $7.660 key level. This market environment reflects the continued bullish sentiment and potential for further gains, supported by reliable crypto signals.
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