What You Need to Know

• Toncoin displays significant upward movement with a clear uptrend and substantial volume backing it.
• The token has observed a 1.5% increase in the past 24 hours, compared to a 0.4% drop in the CoinDesk 20 index over the same period.
• Key technical milestones include recorded higher lows at $2.80, $2.81, and $2.83, with a breakthrough resistance point at $2.85.

Toncoin is showcasing considerable bullish potential short term, according to CoinDesk’s technical analysis model, with the price rising by 1.5% recently.

The CoinDesk 20 index, which tracks major cryptocurrencies by market cap, experienced a decline of 0.4% during the same timeframe.