Ton
Established strong support to $ 2.94- $ 2.96 before making a decisive movement up, demonstrating resilience even after a strong setback, according to the technical analysis model of Coindesk Research.
The Token has increased 1.5% in the last 24 hours, with a lower performance than Coendesk 20, an index of the 20 main cryptocurrencies per market capitalization, excluding stable, memecorable and exchange currencies, which has increased 3.6%.
Technical analysis
• The price formed a solid support zone at $ 2.94- $ 2.96 early in the period, followed by a decisive breakdown above $ 3.00.
• The significant volume above average (1.87my 1.54m) admitted the initial break.
• Despite a strong setback at $ 2.98 with the highest volume of volume (2.97m), buyers returned quickly.
• A solid consolidation pattern was formed, establishing support to $ 2,985.
• The high volume (272,668 units) activated the final rupture above $ 3.00.
• New support zone established at $ 3.00- $ 3.0, confirming the force of the upward trend.
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