Coinidol.com: Toncoin Slides Sideways Above $1.30

Toncoin's (TON) price has moved sideways since falling below the moving average lines.

On the downside, selling pressure will resume if bears break below the $1.30 level, and TON will return to the October 10 price level of $0.70. Currently, TON is at $1.34.

Key Resistance Zones: $4.00, $4.50, and $5.00

Key Support Zones: $3.50, $3.00, and $2.50

The price is trading below the horizontal 21-day and 50-day moving averages, indicating a sideways trend. Price movement has remained steady due to the consolidation of Doji candlesticks. The cryptocurrency fluctuates above and below the horizontal moving averages.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.