Telegram token
It dropped 8% in 24 hours, falling from $ 3.20 to a minimum of $ 2.93 with a significant sales pressure, according to the technical analysis model of Coindesk Research. Ton was more affected than other cryptocurrencies in Coendesk 20: the index (which includes the 20 main currencies for market capitalization, except the stablecoins, memecoins and stablecoins)) has dropped 6.2% in the same period of time.
The mass sale occurred after Israel hit Iranian facilities and military leadership on Thursday night.
Technical analysis
• Ton experienced a significant correction of 8.4%, falling from $ 3.20 to a minimum of $ 2.93 for a period of 24 hours.
• The volume above the average of 3.36 million established a strong resistance at the level of $ 3.09.
• A remarkable volume of 7.74 million created a high volume support zone around $ 2.94.
• The price subsequently consolidated between $ 2.95 and $ 2.99, with a recent price share that shows stabilization signs.
• In the last hour, Ton showed recovery, rising from $ 2.95 to $ 2.96, which represents a 0.3%gain.
• A strong purchase interest arose with 284,843 negotiated units, establishing support in $ 2.96.
• Minor setbacks found support quickly, which suggests a resistant interest of the buyer.
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