#TONRally

The TON/USDT chart shows a current price of 3.424 USDT with an increase of +2.15%. To determine if the price will rise, it is important to analyze some key factors:

Recent trend: High volatility is observed with sharp movements up and down. Although there have been attempts at recovery, the price has not broken a clear resistance level.

Order book: Demand (in green) appears to be greater than supply (in red), which could indicate buying pressure. However, the supply at higher levels may act as resistance.

Price history:

In the last 7 days, TON has increased by 27.81%, indicating a short-term upward trend.

However, in the last 30 days, it has fallen by 11.52%, and in 90 days by 43.54%, suggesting that the overall trend has been downward.

Technical analysis: The current candle shows rejection at the top, indicating that there are sellers in the 3.43 - 3.45 USDT range. To confirm a rise, the price should break that resistance with volume.

Conclusion:

If buying pressure remains and surpasses the current resistance, TON could continue to rise. However, if sellers dominate in the 3.43 - 3.45 USDT range, a correction may occur. I recommend waiting for confirmation with volume before making decisions.

The value of Toncoin (TON) as of March 17, 2025, is approximately $3.31 USD, with a trading volume in the last 24 hours of $384,234,387.10 USD.

In the last 7 days, Toncoin has shown a price increase of 22.40%.

The all-time high of Toncoin was $8.25 USD, reached on June 15, 2024, and its all-time low was $0.5194 USD on September 21, 2021.