Is Toncoin the next Bitcoin? Crypto analysts predict huge success for TON in 2022! | Crypto

Is Toncoin the next Bitcoin? Crypto analysts predict huge success for TON in 2022!

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– Toncoin surged over 13.74% today and over the last week is currently up by an impressive 26.88%.
– Since the bottom of $0.75 on the 18th of June 2022, Toncoin is still up by 146% and trading at $1.85 at the time of writing this article.
– Toncoin (TON) crypto has maintained steady pace within a strong looking uptrend.
– Yesterday the price of Toncoin rocketed up to $2.14 and has since then seen a retracement of 14.2%.
– Should Toncoin be able to retest the resistance trendline of $1.86 and break through we might see positive price momentum up to the next technical target of $2.00.
– A result of Toncoin being able to break through the $2.00 resistance level could reflect that Toncoin might retest the $2.14 swing high from yesterday.
– If this level is broken the Fibonacci extension shows a pragmatic technical price target would be $2.25 for Toncoin crypto by Q4 2022.
– A recent price catalyst could be the hype associated with the Huobi Global centralized exchange partnering with TON.
– In order to be eligible, users must complete the TON spot transaction to obtain the TON deposit quota.
– In addition to this, it is rumored that Toncoin may also soon launch on the Binance exchange which would create massive exposure and organic volume for TON and most likely positive price action.
– With enough solid protocol upgrades and impeccable marketing efforts we could certainly see Troncoin make a 5-10x by the next crypto bull run.

toncoin crypto descending triangle Is Toncoin the next Bitcoin? Crypto analysts predict huge success for TON in 2022!

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