One billion users of Telegram will be able to interact with decentralized applications (EVM) Ethereum (EVM) (DAPPS) directly in the messenger after starting Dinku TAC on Tuesday. This modern feature can escalate DAPP adoption and flow into the tone network because it reduces the technical barrier in the entrance to mainstream users.
Can Toncoin (tons) interrupt his head resistance? Let’s analyze the charts to find out.
Forecasting tone prices
The tons rose above the average movable and approaching the falling line of the falling triangle pattern.
The 20-day interpretation average (EMA) (EMA) (USD 2.94) began to appear, and the relative force indicator (RSI) jumped on a positive territory, which indicates the advantage of the buyer. Sellers are expected to defend the fall line with all their strength, because the break above will annul the negative configuration. This can drive a few tons/USDT to $ 3.69.
Instead, if the price drops rapidly from the bottom line, suggests that bears remain to sellers at rallies. This can keep a pair in a triangle for a long time. Sellers will gain an advantage if they sink the price below USD 2.75 support.
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Both average movable ones began to appear, and RSI is in a positive territory, which indicates that the bulls have an advantage. Buyers will try to exceed the price to the relegation line, which can be a significant challenge.
If the price drops from the bottom line, but reflects from an EMA 20-day, it suggests stubborn sentiment. This increases the likelihood of a break above the relegation line. The couple can collect up to USD 3.40, and then to USD 3.50.
On the contrary, a decrease below the average movement suggests that the bulls lose their adhesion. The couple can then drop to USD 2.90.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
