Toncoin (TON) has sustained its self-paced bullish rally at a time the majority of coins are experiencing selloffs. At the time of writing, the coin is up by 6.22% in 24 hours to $7.67. The ecosystem has helped it maintain the right metrics to pare off its 3.47% loss over the past week.
The Toncoin Uncertainty
As it stands, Toncoin is the only digital currency in the top 10 of the most capitalized coins that boasts of visible uptick. Despite its losses in the past week, the 24-hour gain has helped it extend its monthly rally. Within this timeline, the coin has grown by more than 23.8% to surpass Bitcoin which printed a 5.4% loss in the same period.
Amidst this bullish disposition, top market analyst Ali Martinez has projected a likely retracement. He shared a TON/USDT Perpetual Contract 4H Chart that presents a sell signal. This sell signal is bolstered by the TD Sequential indicator which revealed that Toncoin might print a one to four candlesticks drop.
The TD Sequential presents a s
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