The Open Network (TON) cryptocurrency has demonstrated a strong impulse, increasing 4.1% in the last 24 hours, according to the technical analysis model of Coindesk Research. The price action formed a clear bullish trend with higher and higher minimums, breaking the key levels of short -term resistance in a high negotiation volume before consolidating about $ 3.35.
Coindeesk 20, an index of the 20 main cryptocurrencies for market capitalization, excluding exchange currencies, memecoras and established, has increased 3.7% in the same period of time.
Technical analysis
• Ton rose $ 3.20 to a peak of $ 3.39, which represents an increase of 6.03%.
• The price formed a clear higher trend with higher and higher minimums, culminating in a large break.
• The negotiation volume increased to 5.77 m during the break, significantly above the average of 24 hours.
• A strong support established at $ 3.27 was established, confirmed by multiple rebounds with average volume.
• The resistance to $ 3.33 was decisively broke in high volume, which suggests greater upward potential.
• Recent consolidation about $ 3.35 after the rally indicates the profits, but maintains most of the profits.
• In the last hour, Ton experienced volatility with a 1.24% correction of $ 3.38 to $ 3.34.
• The support emerged around $ 3.33, tested several times with a decreasing volume.
• The final negotiation period showed signs of consolidation between $ 3.34- $ 3.35, although with a decreasing volume.
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