Telegram users of Telegram users will be able to interact with ETHEREUM Virtual Machine applications (DAPPS) directly inside the Messenger after the launch of Tac Mainnet on Tuesday. This new feature can enhance DAPP adoption and asset flows in the TON network as it reduces the technical barrier to entering the main users.
Can Toncoin break (tons) over its general resistance? Let’s analyze the plans to find out.
Predicting ton prices
TON has risen higher than the moving averages and approaches the downward trend line of the descending triangle style.
The SIA moving average for 20 days (EMA) ($ 2.94) began to appear, and the RSI Index (RSI) jumped to the positive area, indicating the advantage of buyers. The sellers are expected to defend the landline line with all their strength because the rest over it will nullify the negative setting. This may pay a TON/USDT pair to $ 3.69.
Instead, if the price decreases sharply from the landline line, it indicates that the bears remain sellers on the marches. The husband can keep inside the triangle for some time. Sellers will earn the upper hand if they drowned the price without supporting $ 2.75.
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Both the moving averages began to appear, and RSI in the positive area, indicating that the bulls have an advantage. Buyers will try to pay the price line, which may be a major challenge.
If the price decreases from the landline line but it bounces off the EMA for 20 days, it indicates the presence of upward feelings. This increases the possibility of a break over the dumping direction line. The pair can gather to $ 3.40 and then to $ 3.50.
On the contrary, a decrease below the moving averages indicates that the bulls lose their grip. The husband may decline to $ 2.90.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.