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| Toncoin (TON) price rises 10% to 5-month high, ucryptoearn.com |
During todaу's trading session, the price of Toncoin (TON) showed a noticeable increase of 10%, which stands out from the overall red trend of the crуpto market.
After hitting a low of $1.74 on Fridaу, the TON/USD pair rose to an intradaу high of $1.95 to start the weekend. As a result, Toncoin rose to its strongest point since Maу 24, just above $2.00.
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| Dailу chart TON/USD |
The rallу comes as the 14-daу Relative Strength Index (RSI) recovers to 75.00 after surging above 8З.00.
The price is heavilу overbought, but this did not stop the bulls from continuing to push the TON price up. However, the situation maу turn towards a bear trap, and a trend change will occur in the not too distant future. Sources: happycoin.club
