Today, the TON cryptocurrency is showing moderate growth, strengthening its position after a recent fall. The current price is $5,959 (+2.79% over the past day), which is a signal of renewed interest in the asset.
Analyzing technical indicators, we can draw the following conclusions: • Support at $5,443 serves as a reliable zone from which the price can bounce off in case of local corrections. • Resistance at $6,287 will become a key barrier, overcoming which will open the way to $6.50 and above.
Indicators such as MACD and RSI indicate a possible continuation of the upward trend. However, confident growth is possible only with an increase in trading volumes and a breakout of the resistance level.
In the coming weeks, the key scenario may be movement in the range of $5.6–$6.3 with a potential breakout upwards if fundamental or market factors support buying activity.
Important: The cryptocurrency market remains highly volatile, so be sure to consider the risks and stay updated when planning your trades.
In the short time that I've been trading here, I've realized one truth - you need to secure profits while there is an opportunity and not wait for the coin to skyrocket somewhere into the heavens.
maximaus
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Bullish
$USUAL Forget what it means to 'Sell' for a while and you will be harvesting cabbage.
Price and movement: • Current price: 0.0079 USDT, down 1.74% in a day. • Price has fallen 21.22% in the last 7 days, which may indicate a continuation of the downtrend.
Indicators: • RSI: The level is around 45, which indicates a neutral zone, without obvious oversold or overbought conditions. • Volumes: Low trading volume has been noted in recent days, which may indicate a decrease in traders' interest. • MACD: The histogram indicates a weak downtrend, as the signal lines are close to each other, without clear dynamics.
Support and resistance levels: • Resistance: 0.0084 USDT - the price has failed to overcome this mark several times. • Support: 0.0077 USDT - the lows of recent days.
Forecast: • Short-term: Possible test of the support level at 0.0077 USDT. If the price holds, a slight increase to the resistance at 0.0084 USDT is possible. In case of a downward breakout, a further decline to 0.0075 USDT. • Medium-term: Given the weak volumes and negative trend, further consolidation or a price decline is likely.
Recommendation: for now, the “waiting” strategy looks more suitable.
Short-term (1-3 days): • If the price breaks the resistance at $0.7169, a rise to $0.75 is possible. In case of a pullback, support at $0.6886 may hold the price.
Medium-term (up to a week): • Against the backdrop of news about the listing on the spot exchange (December 17, 2024), the price may test the level of $0.75-$0.80 if demand continues to grow.
Long-term (1 month or more): • The listing may attract additional interest and increase liquidity, creating conditions for growth above $0.80. However, significant movement depends on overall market conditions and news about the project. #USUAL #USDT
- Short-term outlook (1-7 days): The price of XRP is likely to fluctuate in the range of $2.35–$2.50, considering the current selling pressure. If the level of $2.35 is broken, a drop to $2.10 is possible.
- Medium-term outlook (up to a month): Given the upward trend over the last 90 days (an increase of 316%), XRP has the potential to retest the level of $2.50 and possibly $2.70, provided that positive sentiment in the cryptocurrency market is maintained.
- Long-term outlook (3-6 months): If the current bullish trend continues, XRP could reach $3.00 or higher, especially in light of an improved overall market situation and possible news about regulation or Ripple partnerships.
Risks: • Decrease in investor interest. • Regulatory restrictions or negative news about Ripple. • Correction in the cryptocurrency market.
This forecast is based on technical analysis. For a final decision, it is important to consider the fundamental factors and news related to XRP and Ripple.