The Toncoin Price Pumps 13% In A Week, But Analysts Say Consider This New Meme Coin For Exponential Gains
The Toncoin price soared 5% in the last 24 hours and 13% in a week to trade at $6.66 as of 02:29 a.m. EST on trading volume that dropped 24% to $469 million. This comes as Binance announced the listing of new TON sport trading pairs on August 8, as the decentralized and open L1 blockchain, created by the community using a technology designed by Telegram, continues to gain traction. Toncoin Price To Continue Surging The Toncoin price dropped at the beginning of August from $6.79, with resistance to finding support at around $5.2, according to data from GeckoTerminal . The bulls then pushed the token back to the $6.79 resistance, forming a rounding bottom pattern. However, the Toncoin price invalidated the bullish prospects of the rounding bottom, as it dropped back to $6.0 and back to the resistance zone, completing a cup and handle pattern. TON price aims for a bullish rally as they capitalize on the pattern to stage a bullish trend over the handle. The price of Toncoin now trade...