Ton’s Dramatic volatility Signals Market Uncertainty

Afterming a head-and-shoulders pattern with strong resistance at $ 4.15, ton has recovered from it Recent Lows. IT is now trading at $ 4.13 with a 12.5% ​​Weekly Gain.

This Recovery Comes Amid News That Leading Venture Capital Firms, Including Sequoia, Ribbit Capital, and Benchmark, Collectively Hold Over $ 400 Million in Bloxy, Signaling Institute.

Ton Technical Analysis Highlights

• Price Action ForMed A Head-Andshoulders Pattern with Resistance at $ 4.15 and Support at $ 3.60.
• The Support Level at $ 3.60 Was Breached During the April 3rd Selloff.
• Volume Analysis Shows Distribution Phases Coinciding with Price Peaks, Suggesting Institutional Profit-Taking.
• Fibonacci Retracement Indicates Potential Stabilization Aund The 0.618 Level at $ 3.58.
• Cup-and Handle Formation Appeared Durying Recovery with Initial Resistance AT $ 3.58.
• Strong Buying Pressure Was Observed Durying the 15: 32-15: 34 and 15:58 Periods.
• PRICE RECLAMIMED THE FIBONACCI 0.382 Level at $ 3.59, Suggesting Potential Continuation Toward $ 3.65.

Disclaimer: This Article Was Generated with Ai Tools and Review by Our Editorial Team to Ensure Accucy and Adhesion to Our Standards. For more information, See Coindesk’s Full Ai Policy. This Article May Include Information from External Sources, Which Are Listed Below Who Applicable.

• TheNewscrypto, “Toncoin (Ton) Eyes $ 4 As Bullish Momentum Builds,” Accessed April 3, 2025
• Cryptonews, “is this the next solana? Toncoin’s $ 400 Million Vc Investment Surge Signals Explosive Upside,” Accessed April 3, 2025
• Cryptodaily, “AI Predicts 12,500% GAINS FOR REMITTIX (RTX), 232% for Chainlink (Link) – But to Sell Toncoin (Ton), Shiba Inu (Shib) Fast,“ Accessed April 3, 2025.
• TheNewscrypto, “Toncoin (Ton) Price Predict,“ Accessed April 3, 2025
• Bitcoin Sistemi, “Top Crypto Platforms: Binance Coin, Blockdag, TRON, TONCOIN Poured for Major Growth In 2025,“ Accessed April 3, 2025