In the current market, TON and SOL are trading in an ascending channel, a phase analysts consider a characteristic of a potential upswing. Although there is no definitive entry signal yet, the impressive results of the initial DigiHorse (DIGI) presale have captivated investors, with $150,000 selling out in record time.
TON and SOL Strategies
As of now, both TON and SOL are trading within an ascending triangle—a bullish indicator that has captured analyst attention. However, the timing of a potential breakout remains uncertain to anyone. If TON exits this pattern, it could initiate its price trading back to or above the $6.4 level, a previous trading point before its value plummeted after the arrest of its founder, Pavel Durov, in France.
Analysts' Predictions and Thoughts
A breakout from the ascending channel will turn to profits, serve as a break-even point, or reduce losses for traders and investors, depending on their entry points. Similarly, SOL is expected to rally once it breaches the upper boundary of the pattern. Analysts have set a prospective target of at least $500; their conclusion is based on parallels to a similar ascending channel pattern in 2021 that preceded the SOL rally into a new all-time high.
Investors' Attention to DIGI
With the uncertain duration of both TON and SOL within the ascending triangle, investors are increasingly turning to DIGI, attracted by its clear potential for returns and substantial utility. DIGI, the native token of DigiHorse, anchors an upcoming web3 horse gaming platform. This platform distinguishes itself not only through immersive and interactive gameplay but also through features not found on other web3 platforms, including: 1. A proposed staking mechanism that enhances DIGI’s interactivity and utility. 2. Rumored partnerships with major NFT platforms such as OpenSea. 3. Expected collaborations with leading gambling platforms to facilitate betting on live horse races on DigiHorse upon its launch. Currently, DIGI is trading at $0.004567, with a projected return of 1542% upon its official launch. With $150,000 raised in under three weeks, this phase of the presale continues to attract significant attention.
Thus, the current positioning of TON and SOL in ascending channels points to potential growth, attracting investor attention. Concurrently, DIGI is drawing significant interest for its utility and return prospects, creating conditions for further monitoring and potential investments.
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