- TON has shown a 15.38% gain in volume in the last 30 days.
- The token has shown the pattern of bearish engulfing in the last 24 hours.
- The RSI oscillator for TON shows the NEUTRAL action.
The last known price of the token, TON, is 8.35 and is low by 10.64% over the last 24 hours. It has the current trading volume(s) of 17,312,615 with a low of 2.85% over the last 24 hours. TON has holders of 458 with the active transfer(s) of 25098 in the last 24 hours.
The chart above shows the movement of TON where 20 DMA has been running below it and even DMA-50 is below it. We see the token with respect to SMA’s which are 20, 50 and 200 and it is SMA-200 which is above one(SMA-20) SMA and also above the other(SMA-50). We see SMA-50 and SMA-20 are intact with each other and such conditions resemble hikes in price. A downward pattern is visible where the bulls loss is visible. The token went up on 5 September and marked the high at $15.882000 and the low formed on 7 September at 7.700000.
The coin has been trying to recover from the major pivot point of 7.79 and it would be fine to buy the coin now as SMA-20 might show a decent hike in the coming time.
It’s top 10 and 20 holders have more than 40% holdings and top 50 and 100 have more than 30% which makes the decent supply side of the coin.(Assumption)
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the neutral action. MA-5, MA-10 and MA-200 show the sell action whereas MA-20 and MA-50 show the buy action. However, the TON at present is all set to buy.
The bull/bear power has the value of 0.001 and shows the buy action. The high/low marks the neutral action with the value of 0.0000.
The TON-BTC pair is trailing at the level of 0.0001829 and the low of 5.52% was seen whereas the TON-ETH pair is trailing at the level of 0.002604 and the low of 4.84% was seen in the last 24 hours. The volume/market cap of the token is 0.7462 and its market dominance is 0.00%.
Conclusion: The 24 hours high and low of the coin is 9.33 and 8.23 respectively. The price of TON has fallen by 9.40% in the past 7 days and the price declined by 10.30% in the last 24 hours. In just the past one hour, the price shrunk by 4.00%. TON is 34% below the ATH of 30.93
We observed that the candles are stagnant at SMA-50 and so we could expect a rise in price in the coming time. Based on your perception, buy or sell the token. These are my own thoughts.
Technical Instruments:
Pivot: 12.91
R-1: 12.97
R-2: 12.99
S-1: 12.87
S-2: 12.85
Note:
- The unit is USD
- SMA-20: Green colour
- SMA-50: Red colour
- SMA-200: Blue colour