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
TONUSD Price Forecast: July 31st
The TONUSD price forecast suggests that buyers are persevering despite selling pressure.
TONUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $8.120, $7.670
Resistance Levels: $6.530, $6.070
The TONUSD market is currently exhibiting early signs of a potential recovery. After a prolonged bearish trend that pushed the price down to the critical $6.530 support level, buyers are attempting to stage a comeback. However, overall market sentiment remains cautious as sellers continue to exert influence.
TONUSD Price Forecast: Toncoin Outlook
A bounce from the $6.530 support level has provided a foundation for a potential price recovery. This level is now crucial, as holding above it could validate the bullish sentiment. Buyers are aiming to reclaim the $7.670 resistance level, which would signify a more significant upward move.
While the MACD (Moving Average Convergence and Divergence) is showing early signs of a bullish crossover, indicating a potential shift in momentum, the Momentum indicator remains relatively weak. This suggests that the bullish momentum is still developing.
Given the uncertain market conditions, a cautious approach is recommended. Traders might consider a bullish trade as a speculative play if the price manages to break and sustain above the $7.670 resistance level. Crypto signals can provide additional insights for making informed decisions.
TONUSD Medium Term Trend: Bullish (4-hour chart)
In the short time frame, TONUSD crypto is in a critical phase. While the recent bounce from the $6.530 support level is encouraging, the overall market sentiment remains bearish.
The Momentum indicator is on the rise, as is the MACD, which shows a bullish atmosphere. Soon, the Toncoin price is expected to pick up as buyers recover.
Make money without lifting your fingers: Start using a world-class auto trading solution
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
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.