Toncoin (TONUSD) Buying Time Is Now

Toncoin (TONUSD) Price Forecast: April 2

TONUSD price is gaining traction and also indicates a buying time as the price is currently running a bullish race. The coin price sends a clear bullish signal trading above the EMA line, indicating buyers are making solid progress. The crypto gave a bullish breakout from the $4.13 value, suggesting buyers are making a recovery attempt. Consequently, if the coin price remains above the $7.20 high mark, the possible rally could accelerate to the $7.50 upper resistance level and beyond, as future gains are certain.

Key Levels:
Resistance Levels: $5.50, $6.00, $6.50
Support Levels: $3.00, $2.00, $1.00

TON (USD) Long-term Trend: Bullish (Daily Chart)

The long–term chart of the TONUSD pair indicates its buying time is now as it remains above the supply level, suggesting bullish momentum.
The coin market has appeared attractive to buyers at its recent high due to the bulls’ persistent order flow to the $3.98 supply in the last session.

Today, the Toncoin pair looks nice for buyers, correcting at the $4.13 high value above the moving averages on the daily chart, suggesting a bullish trend and encouraging buyers to invest, as possible future gains are certain.

The sudden jump in the token price projects a potential challenge to the upper resistance level. Thus, a possible bullish crossover above the previous high of $7.20 moving signal line projects a buy signal and a buy time.

Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic, pointing up. In light of this, buyers may push the price of TONUSD further to a significant level and in this case, the target might be the $7.50 upper resistance level in the higher time frame.

TON (USD) Medium-term Trend: Bullish (4H Chart)

On the medium-term outlook, the TONUSD pair is in a resistance zone, indicating a buying time for the coin traders. Firstly, the crypto has broken above the EMA-50, implying a possible rise of the token.
The price is moving in an uptrend in the H4 timeframe, making higher highs and moving towards the upper resistance area.

Pressure from the bulls at the $3.90 high value in the previous action has sustained its upward stability in its recent high.

An increase to a $4.13 high level above the EMA-50 approaching the overhead resistance on the medium-term chart today indicates a buying time, and buy traders are actively buying the Toncoin for bullish expansion at this level.

Furthermore, the daily stochastic signals an uptrend; if the bulls could push harder and sustain the TONUSD price above the $4.13 current high level, the resulting rally may surpass the $7.20 level and hit the $7.50 psychological level at the upside in the days ahead in its medium-term perspective.

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