Toncoin slips 4%, now trading at $3.58.
TON’s daily trading volume has plunged by over 36.60%.
The crypto market is on a shaky rebound, with assets fluctuating within the bear swirl. Bitcoin and Ethereum grapple to break free from bearish pressure, and Toncoin (TON) follows suit, sliding by over 4.42%.
To shift the momentum, certain crucial levels of Toncoin should be retested. The asset opened the day trading at a peak range of $3.79. With the bears regaining control, TON has bottomed toward $3.52.
At the time of writing, Toncoin traded within the $3.58 range, with its market cap reaching $8.89 billion. In addition, the daily trading volume of the asset is resting at $169 million. The market saw $901.36K worth of TON positions liquidated.
TON has gained over 22.12% in the last seven days. The asset opened the week trading at $2.94, and with the emergence of bulls in the market, it has climbed to the current trading range.
Notably, the Ali chart exhibits Toncoin on
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