The TAC mainnet launch is making waves in the crypto space, and experts predict it could propel Toncoin (TON) to $3.50. This bullish sentiment is fueled by the fact that Telegram's one billion users will be able to interact with Ethereum Virtual Machine (EVM) decentralized apps (DApps) directly within the messenger 🌏🌏🌏🌏🌏🌏🌏
From a technical analysis perspective, TON has risen above its moving averages and is nearing the downtrend line of the descending triangle pattern. #AltcoinSeasonLoading
$SOL The 20-day exponential moving average (EMA) has started to turn up, and the relative strength index (RSI) has jumped into positive territory, indicating an advantage for buyers 🍎🍎🍎🍎🍎
Here are some key levels to watch:
Resistance Level: A break above the downtrend line could invalidate the negative setup and propel TON to $3.69.
Support Level: Sellers will gain the upper hand if they sink the price below the $2.75 support.🍒🍒🍒😆
Target Price: If the price turns down from the downtrend line but bounces off the 20-day EMA, it could rally to $3.40 and then to $3.50
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making any investment decisions.