Toncoin TON demonstrated short-term strength with a 3% rally, according to CoinDesk Research’s technical analysis model. The token’s price action shows resilience despite late session volatility, with support holding at the $3.17-$3.18 zone after reaching a peak of $3.25.
In contrast, the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding memecoins, stablecoins and exchange coins — is down 1.7% in the last 24 hours.
Technical Analysis
• TON has demonstrated strength over the 24-hour period, surging from $3.16 to a peak of $3.25, representing a range of 0.095 (3%).
• Extraordinary volume exceeding 6.6 million, nearly triple the 24-hour average, established strong volume-supported resistance at $3.25.
• Bullish momentum validated by consolidation above $3.22, with multiple tests of support at the $3.17-$3.18 zone showing resilience despite late session pullback.
• Significant volatility in the past hour with a sharp 1.01% decline from $3
We współpracy z: https://www.coindesk.com/markets/2025/06/05/ton-surges-3-outperforming-coindesk-20
