Recent Toncoin charts present mixed signals, with potential for further price fluctuations. Let's examine technical indicators and support levels.
Current Trends in Toncoin Price Chart
The Toncoin price chart shows moderate bearish pressure. The latest red candle closed around $2.79, with immediate resistance marked at $2.80. Toncoin has struggled to securely close above this level for weeks, indicating a short-term ceiling.
Relative Strength Index (RSI)
The RSI (14) is currently at 39, below the neutral 50 mark but not deeply oversold. This suggests that there’s room for further price drops before buyers view it as a bargain.
Key Support Levels and Predictions
The chart displays several horizontal levels for downside targets:
* $2.70: Immediate support zone currently being tested. * $2.50: Next major line if $2.70 fails. * $2.20–$2.00: Critical demand zone in case of panic selling.
If Toncoin manages to reclaim the $2.80 level, it could signal a potential positive shift in the short-term outlook.
With the current neutral RSI and indecisive candlesticks, the forecast for Toncoin remains under pressure. Levels $2.70 and $2.80 will be crucial for determining future price movements.
