Popüler Altcoinde Yükseliş Yatırımcıların İlgisini Çekti! Token’da Kritik Seviye!

The cryptocurrency markets experienced a significant decline last week.
Toncoin (TON) resisted the market downturn.
The recovery of Toncoin, supported by increasing transaction volume, could indicate a growth of 1276% in TVL.
Crypto markets experienced a significant decline last week. With the prevailing downward trend, the total market value decreased by 3.6% and there was a 27% decrease in trading volume compared to the previous week. However, TON, the native cryptocurrency of the Toncoin network, showed significant resistance against the market pullback and experts believe that it may reach new highs this week.
TON's Analytical Reports
Bitcoin, while echoing at levels of around $65,000 and $60,000, most major altcoins have witnessed increased volatility in the past two weeks. However, during the same period, the price of Toncoin increased by 60% from $4.6 to $7.3, indicating a sustainable growth supported by the increasing volume. The ongoing rally in Toncoin is attributed to a significant increase in the total locked value (TVL) as reported by DeFiLlama, a chain analytics aggregator.
Toncoin's TVL, which stood at $18.8 million at the end of February, has increased to $258.6 million, which could mean a significant growth of approximately 1276%. This striking percentage increase in TVL may indicate an increased trust and interest in the Toncoin ecosystem, possibly due to more funds being staked or locked in their protocols. With continuous buying, it is likely that the TON price will break the all-time high resistance of $7.67. Potential breakouts can accelerate buying and provide suitable support for buyers to lead to a higher rise. This breakout could push Toncoin into price discovery mode, and a traditional pivot level can be used to predict potential resistance levels.
Critical Level in TON
The support/resistance indicator on the daily chart may indicate that the immediate supply ceiling is $8.8 and then $10. While the crypto markets experienced a general decline, Toncoin showed a significant increase and its price rose from $4.6 to $7.3. Toncoin's recovery, supported by increasing trading volume, indicates a growth of 1276% in locked total value, and it is expected to break the all-time high resistance level of $7.67.
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