Toncoin Surges Above Key EMAs Amidst Bullish Trend, But Faces Potential Reversal Warning Signs

1 min read

1 year ago bitnews

Toncoin experiences a significant bullish run as it surpasses its 20-day and 50-day EMA. This bullish momentum contrasts with the negative funding rates observed in the market. “The current uptrend has faced resistance near the $7.7 mark, posing potential challenges ahead,” analysts noted. Toncoin’s remarkable ascent above key EMAs marks a significant milestone; however, potential