5 June 2025
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TON Rallies 3% Amid CoinDesk 20’s 1.7% Decline
Toncoin (TON) experienced a 3% increase, rising from $3.16 to a peak of $3.25, despite market volatility. Support remained at the $3.17-$3.18 level after the late session pullback.
The CoinDesk 20 index fell by 1.7% in the same period.
Key Points:
- Price surged 0.095 (3%) within 24 hours.
- Volume surpassed 6.6 million, nearly triple the average, establishing resistance at $3.25.
- Consolidation above $3.22 indicates bullish momentum.
- Volatility noted with a 1.01% drop from $3.25 to $3.22 amid selling pressure.
- Temporary bottom formed at $3.215, followed by a recovery to support at $3.222.