TON Claims $4 Pivot Amidst A Golden Cross Pattern

The price of TON spiked 9% today reclaiming the $4 price pivot with further growth set to occur amidst a "Golden Cross" pattern.

The Open Network (TON) is a revolutionary blockchain platform designed to handle millions of transactions per second. It uses a unique multi-blockchain architecture with dynamic sharding and instant messaging between chains.

The system aims to make blockchain technology accessible to everyday users through integration with messaging apps and user-friendly services. TON has become one of the fastest-growing blockchain ecosystems, with numerous decentralized applications and services being built on its infrastructure.

As of the time of writing, TON is up 9% trading within overbought regions as hinted by the RSI at 78.78 with growing momentum and the appearance of a golden cross pattern, a breakout to $6 is feasible.

For TON, a breakout above the 1-month high pivot could cement a move to the $6 region. Similarly, in the case of a cool-off, given the RSI is overbought, the 38.2% Fibonacci level is acting as support for $TON.

Toncoin Price Live Data
The live Toncoin price today is $3.96 USD with a 24-hour trading volume of $285,169,930 USD. Toncoin is up 8.27% in the last 24 hours. The current CoinMarketCap ranking is #12, with a live market cap of $9,833,721,005 USD. It has a circulating supply of 2,484,304,181 TON coins and the max. supply is not available.