Ton price rallies by 8%

Ton price rallies by 8%

Ton price rallies by 8% in the past 24 hours.

Ton price rallies by 8% in the past 24 hours fueled by global stock market gains and fed rate cut speculation.

A recent breakout of the Altcoin season indicator above the Bitcoin season has fueled price increase of cryptocurrencies like Ton.

Dog or Flower post on X about how Ton price increase is due to speculation of forecasted lower interest rates and a potential bullish October.

Lord of Entry posted on X about how Ton has broken its trendline to the upside and Ton price is likely to go on an uptrend.

Price of Ton on the 4 hour timeframe is currently in the cloud which means that price is ranging but if price continues to go up and breaks up above the cloud price could go on a prolonged uptrend.

On the 1 day timeframe is below the cloud and all the cloud indicators are bearish.

The price of Ton on a 1 week timeframe kind of bearish since the conversion line is about to cross below the base line and the lagging span is likely to cross the price to the downside.

Price of Ton on the 1 month timeframe is still bullish the price has not gone below the conversion line and the lagging span has not crossed the price to the downside.