$TON Price Prediction by AMBCrypto : Will the Rally Pick Up Again After Recent Dip?
Toncoin (TON) has seen a notable 108% increase in large transactions and a 35.13% rise in active addresses, from 2.44 million to 3.3 million. This surge in market activity suggests potential significant price movements for TON.
Following a strong 22% rally over three days, TON experienced a slight dip of 1.06% in the last 24 hours, despite a 14.18% increase over the past week. The recent correction may be temporary as whale activity and trading volumes remain high.
Large transactions have surged from 975 to 1.85K, indicating bullish sentiment among big players, with expectations of a price rally towards the next resistance level at $6.02. The increase in active addresses by 35% also supports this bullish outlook.
However, a declining long-short ratio since September 9th suggests a potential short-term correction before a continuation of the upward trend. Despite this, the overall market indicators—rising whale activity and increased trading volumes—point to a likely bullish run in the near future.
