hello, welcome to this TON/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) was one of today’s biggest movers, as markets were buoyed by the news that it was partnering with Telegram. Following a low of 1.73 on Tuesday, TON/USD rose to an intraday peak of 1.95 earlier in the day. This surge resulted in toncoin rising by as much as 13%, nearing a recent high of 2.05 in the process. the move led to the relative strength index (RSI) colliding with a ceiling at the 66.00 level. Earlier gains have since faded as a result of a failed breakout beyond this point, leading to TON now trading at 1.93. In order to move above 2.00, the aforementioned ceiling on the RSI must first be broken.
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