This Is Why Toncoin’s (TON) 5% Uptick May Not Hold

The price of Telegram-linked Toncoin (TON) has surged 5% in the past 24 hours, accompanied by a 45% spike in trading volume. Currently, the altcoin trades at $4.78. Toncoin’s rally aligns with broader market momentum, reflected in a 10% increase in global cryptocurrency market capitalization over the same period. However, Toncoin’s technical indicators suggest a possible bearish shift that may... source: https://beincrypto.com/toncoin-price-rally-may-not-hold/