This Is Why Toncoin (TON) May Drop By 17% in the Near Term

Telegram-linked Toncoin (TON) has shed almost 10% of its value over the past week and continues showing signs of market weakness. Its downward trend has pushed its price toward the lower line of its horizontal channel, forming a crucial support floor since March. The token’s technical setup hints at the possibility of another double-digit decline soon if the support level fails to hold.... source: https://beincrypto.com/toncoin-price-may-drop-further/