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Predicting the Price of Toncoin (TON) for May 23rd

Exciting market fluctuations are happening right now with some coins rising and others falling, as reported by CoinStats.

Check out the TON chart on CoinStats

TON/USD

The latest numbers show a 0.3% drop in Toncoin (TON) value in the past 24 hours.

Get insights on TON from TradingView

Looking at the hourly chart, TON is hovering around the $6.20 support level.

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If buyers don’t step up by the end of the day, there might be a breakout towards the $6-$6.10 range fueled by the built-up energy.

Explore more on TON at TradingView

Looking at the daily timeframe, the price has retraced back to the $6.2063 support level. If a breakout occurs, traders could anticipate a further drop to the $5.8-$6 range by month-end.

Get insights on TON from TradingView

In the midterm view, keep an eye on the critical zone of $6. If the downward trend continues towards it, there’s a chance for a test of $5.50 soon.

Current trading value for TON stands at $6.34.


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