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Toncoin Price Forecast: March 13
The Toncoin price forecast is that after the market achieves an all-time high, it will look to pull back for stability before further reactions.
Toncoin Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $5.00, $4.52
Zones of Demand: $3.27, $2.48,
An incredible burst of bullish strength sees the Toncoin pump to the moon. The price rose from the $1.98 support zone to $4.52 for a 120% price increase. Before this time, the market had been confined to a consolidation just above a triangular formation. The market accumulated for a while in this range before this unprecedented rally. The coin set an all-time high with this.
Toncoin Price Forecast: TON Outlook
Toncoin experiences an astonishing surge, propelling it to new heights with remarkable bullish momentum.
The price catapulted from the $1.98 support zone to a staggering $4.52, marking an impressive 120% price increase.
Before this surge, the market had been trapped in consolidation, before this unprecedented rally catapulted Toncoin to an all-time high.
Toncoin Medium-Term Trend: Bullish (4-hour chart)
On the daily chart, bullish crypto signals abound. The Stochastic Oscillator lines have surged sharply from the oversold border into the overbought zone, underscoring the robustness of the bulls’ momentum. Furthermore, the breakout from the Bollinger Bands signifies the end of the price accumulation phase and reinforces the bullish sentiment.
Examining the 4-hour timeframe reveals further evidence of bullish strength. The Stochastic Oscillator lines, ranging between the overbought border and the 50 mark, demonstrate the buyers’ dominance, with the surge propelling them firmly into the overbought zone. Additionally, the price breakthrough has breached the upper Bollinger Band, indicating an extension beyond normal price volatility. A minor retracement may precede further bullish actions as the market seeks stability.
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