About Toncoin
Toncoin with symbol TON is the exclusive cryptocurrency of the TON blockchain network and this currency was released on October 27, 2021 at a price of $0.51.
TonCoin is not an ordinary cryptocurrency because this currency has many uses and quickly attracted the attention of users.This currency has made significant progress since its inception and now it is considered a complete ecosystem to meet the needs of users.
This currency pursues great goals, that’s why it is very popular.
Toncoin Forecast by NEoWave
As shown in the picture, TON is in a long-term bullish trend and after falling to $0.73, TON was able to grow to near $3, then formed a neutral triangle corrective pattern, and the price rose to $7.69 and A corrective pattern is forming again, which appears to be an irregular contracting triangle.
It seems that the wave (e) of the triangle is currently being completed and after the completion of the wave (e) we can expect the price to grow to $11.
After the completion of wave (e), we should pay attention to the post-pattern that confirms the triangle or not. if the post-pattern movement confirms the triangle, the target of $11 will be realized.
This analysis is valid as long as the price is above $4.72.
Good luck
NEoWaveChart