In Brief Coinglass reveals that most Toncoin traders have opted to short the altcoin after its recent decline. On-chain data shows an increase in dormant TON tokens, indicating that a rebound is not close by. TON’s price currently trades below the 20 and 50 EMAs, suggesting that it could slide to $4.46. On November 1,…
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In Brief Toncoin’s price is close to breaching the critical resistance of $6.50, which could support a rise. The overall deposits on the exchanges at the hands of FET holders have hit a two-month low. Selling is out of the way because the supply held by short-term holders has dropped considerably this week. Toncoin’s (TON)…
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In Brief TON Daily Trading Volume reached new all-time highs, surpassing $314 million. TON EMA lines are still drawing a bullish trend and possible price increases despite the recent surge. The percentage of profitable holders is now at 95%, the biggest value since 2021, which could imply a selling pressure ahead. TON’s daily trading volume…
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