“The Token Found Critical Support in the $ 3.22- $ 3.24 Range.”, – WRITE: www.coindesk.com
The Token Found Critical Support in the $ 3.22- $ 3.24 Range.Updated May 30, 2025, 3:26 PM PUBLISHED MAY 30, 2025, 2:53 PM
What to Know:
- Ton ExperienCed Significant Price Valativity with A 7.7% Trading Range ($ 3.22- $ 3.47) Starting Thursday, Showing Strong Early Momentum Followed BY Persent Selling Pressure.
- Telegram’s Partnership with Grok ai Trigger A Shift to Long Positions, With Over 75% of All Ton Open Interest Now in Long Positions Despite Previus Market Turbulence.
- Geopolitical Tensions and Trade Disports Between Majoor Economies Continue to Influence Cryptocurrency Markets, With Ton’s Price Action Reflection Broader Marketartain Uncertain.
Ton Recent Price Reveals The Complex Interplay Between Project-SPECIFIC DEVELOPments and Global Economic Factors. The Token’s Dramatic 24-Hur Range from $ 3.22 to $ 3.47 Demonstrates How Quickly Sentiment Can Shift In Cryptocurrency Markets Affected by International Trade Tensions. While Found Critical Support at $ 3.22- $ 3.24, The Pronounced Bearish Momentum that Emerged Resulted in A 6.2% Decline from Daily Highs Before A Modest Recovery atte.
Technical Analysis
- Ton exhibited a 7.7% Price Range ($ 3.22- $ 3.47) Over 24 Hours, with An Early Rally Followed by Persenti Selling Pressure.
- Key Resistance Establissed at $ 3.44- $ 3.47 with High-Volume Rejects Durying The 14th and 15th Hours. Support Found at $ 3.22- $ 3.24 in Later Trading Sessions.
- Bearish Momentum After Midnight Resulted in A 6.2% Decline From The Day’s High.
- Volume Patterns Suggest Continued Downside Vulneracy Despite Modest Recovery Attempts.
- Buyers Returned to Push Ton Above $ 3.27 by Session’s End, Suggesting Renewed Bullish Sentiment.
Disclaimer: Parts of this Article Were Generated with the Assistance from AI Tools and Review by Our Editory Team to Enseure Accucy and Adherice Tour Standards. For more information, See Coindesk’s Full Ai Policy.
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.
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“Ai Boost” Indicates A Generative Text Tool, Typical An ai Chatbot, Contributed to the Article. In each and every casse, the article was edited, face-checked and Publissed by a human. Read more about Coindesk’s AI Policy.
Helene Braun
Helene is a New York-Basted Markets Reporter at Coindesk, Covering The Latest News From Wall Street, The Rise of the Spot Bitcoin Exchange-Traded Funds and Updates on CRYPTO Markets. She is a graduate of new York University’s Business and Economic Reporting Program and Has Appeared on CBS News, Yahoofinance and Nasdaq Tradethalks. She Holds BTC and ETH.
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