Toncoin (TON) Recovery Potential: Investors Eye Bullish Turnaround
Tuesday, 30 April 2024, 06:30
Toncoin Recovery Potential
Toncoin's price is currently striving to avoid a significant drop, with investor support being crucial for initiating recovery.
Market Value to Realized Ratio (MVRV)
-13.22% 30-day MVRV indicates a potential accumulation phase, historically leading to increased demand and price surge.
Moving Average Convergence Divergence (MACD)
Signal of a potential bullish crossover suggests a positive sentiment towards Toncoin, with a likely price recovery in sight.
A breach above $5.4 could confirm a bullish outcome, while failure may lead to a test of key support at $4.7.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.