- Toncoin reversed from resistance level 3.5585
- Likely to fall to support level 3.0000
Toncoin cryptocurrency recently reversed down from the key resistance level 3.5585 (which is the upper boundary of the sideways price range inside which the price has been trading from April).
The key resistance level 3.5585 was strengthened by the upper daily Bollinger Band.
Given the strongly bearish crypto sentiment seen today, Toncoin cryptocurrency can be expected to fall to the next round support level 3.0000 (former resistance from the start of July).
- Likely to fall to support level 3.0000
Toncoin cryptocurrency recently reversed down from the key resistance level 3.5585 (which is the upper boundary of the sideways price range inside which the price has been trading from April).
The key resistance level 3.5585 was strengthened by the upper daily Bollinger Band.
Given the strongly bearish crypto sentiment seen today, Toncoin cryptocurrency can be expected to fall to the next round support level 3.0000 (former resistance from the start of July).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.