Below is a detailed update on Toncoin (TON) as of May 2, 2025:
📊 Current Price
• Price: $3.23 USD
• 24h Trading Volume: $139.48 million USD
• Market Capitalization: $8.04 billion USD
• Circulating Supply: 2.49 billion TON
• 24h Volatility: Up 1.23%
📈 Technical Analysis
• Resistance:
• $3.50
• $4.00
• $4.75
• Support:
• $3.00
• $2.66
• $2.30
Toncoin is currently trading around $3.23, with a slight upward trend in the last 24 hours. The price has surpassed a strong support level at $2.66, indicating potential for continued upward movement.
🔍 Trading Signals
• RSI: Near neutral level, indicating the market is neither overbought nor oversold.
• MACD: The MACD line is above the signal line, supporting an upward trend.
• Trading Volume: Slight increase, indicating growing investor interest.
🧭 Trading Strategy
Spot:
• Entry Zone: $3.00 – $3.23
• Stop Loss (SL): $2.66
• Take Profit (TP): $3.50 – $4.00
Futures:
• Strategy: Consider trading with low leverage due to moderate price volatility.
📰 Top News in the Last 24 Hours
• Whale Activity: Toncoin has seen a significant increase in whale activity, with large trading volume up 111%, indicating strong interest from large investors.
• Impact from Telegram: The price of Toncoin has risen after Telegram's CEO, Pavel Durov, left France, raising expectations for positive developments in the TON ecosystem.
📈 Chainlink (LINK)
Current Price: $14.91 USD
24h Volatility: Up 0.28%
24h Trading Volume: $326.23 million USD
Market Capitalization: $9.79 billion USD
Circulating Supply: 657.1 million LINK
🔍Technical Analysis
Resistance: $15.00, $15.22, $17.95
Support: $14.50, $13.43, $13.18
LINK is trading near the resistance level of $15.00. If it surpasses this level, the price could aim for $17.95 in the near future.
🧭 Trading Strategy
Spot:
Entry Zone: $14.50 – $14.91
Stop Loss (SL): $13.43
Take Profit (TP): $15.22 – $17.95
Futures:
Consider trading with low leverage due to moderate price volatility.
📉 TRON (TRX)
Current Price: $0.2442 USD
24h Volatility: Down 1.23%
24h Trading Volume: $470.76 million USD
Market Capitalization: $23.29 billion USD
Circulating Supply: 94.93 billion TRX
🔍 Technical Analysis
Resistance: $0.2494, $0.2606, $0.3000
Support: $0.2442, $0.2277, $0.1930
TRX is fluctuating near a strong support level at $0.2442. If this level holds, the price could recover towards $0.2606.
🧭 Trading Strategy
Spot:
Entry Zone: $0.2442 – $0.2442
Stop Loss (SL): $0.2277
Take Profit (TP): $0.2606 – $0.3000
Futures:
Consider trading with low leverage as the market is near an important support level.
Note: The information above is for reference only and is not investment advice. Investors should conduct their own research and consider risks before making trades.