• bitcoinBitcoin (BTC) $ 97,552.00
  • bitcoinBitcoin (BTC) $ 97,552.00
  • bitcoinBitcoin (BTC) $ 97,552.00
  • bitcoinBitcoin (BTC) $ 97,552.00
  • ethereumEthereum (ETH) $ 3,407.25
  • ethereumEthereum (ETH) $ 3,407.25
  • ethereumEthereum (ETH) $ 3,407.25
  • ethereumEthereum (ETH) $ 3,407.25
  • tetherTether (USDT) $ 0.999391
  • tetherTether (USDT) $ 0.999391
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  • tetherTether (USDT) $ 0.999391
  • xrpXRP (XRP) $ 2.25
  • xrpXRP (XRP) $ 2.25
  • xrpXRP (XRP) $ 2.25
  • xrpXRP (XRP) $ 2.25
  • bnbBNB (BNB) $ 667.36
  • bnbBNB (BNB) $ 667.36
  • bnbBNB (BNB) $ 667.36
  • bnbBNB (BNB) $ 667.36
  • solanaSolana (SOL) $ 187.50
  • solanaSolana (SOL) $ 187.50
  • solanaSolana (SOL) $ 187.50
  • solanaSolana (SOL) $ 187.50
  • dogecoinDogecoin (DOGE) $ 0.327511
  • dogecoinDogecoin (DOGE) $ 0.327511
  • dogecoinDogecoin (DOGE) $ 0.327511
  • dogecoinDogecoin (DOGE) $ 0.327511
  • usd-coinUSDC (USDC) $ 1.00
  • usd-coinUSDC (USDC) $ 1.00
  • usd-coinUSDC (USDC) $ 1.00
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.929529
  • cardanoCardano (ADA) $ 0.929529
  • cardanoCardano (ADA) $ 0.929529
  • cardanoCardano (ADA) $ 0.929529
  • staked-etherLido Staked Ether (STETH) $ 3,405.21
  • staked-etherLido Staked Ether (STETH) $ 3,405.21
  • staked-etherLido Staked Ether (STETH) $ 3,405.21
  • staked-etherLido Staked Ether (STETH) $ 3,405.21
  • tronTRON (TRX) $ 0.246743
  • tronTRON (TRX) $ 0.246743
  • tronTRON (TRX) $ 0.246743
  • tronTRON (TRX) $ 0.246743
  • avalanche-2Avalanche (AVAX) $ 39.44
  • avalanche-2Avalanche (AVAX) $ 39.44
  • avalanche-2Avalanche (AVAX) $ 39.44
  • avalanche-2Avalanche (AVAX) $ 39.44
  • chainlinkChainlink (LINK) $ 23.16
  • chainlinkChainlink (LINK) $ 23.16
  • chainlinkChainlink (LINK) $ 23.16
  • chainlinkChainlink (LINK) $ 23.16
  • wrapped-stethWrapped stETH (WSTETH) $ 4,059.74
  • wrapped-stethWrapped stETH (WSTETH) $ 4,059.74
  • wrapped-stethWrapped stETH (WSTETH) $ 4,059.74
  • wrapped-stethWrapped stETH (WSTETH) $ 4,059.74
  • the-open-networkToncoin (TON) $ 5.38
  • the-open-networkToncoin (TON) $ 5.38
  • the-open-networkToncoin (TON) $ 5.38
  • the-open-networkToncoin (TON) $ 5.38
  • suiSui (SUI) $ 4.67
  • suiSui (SUI) $ 4.67
  • suiSui (SUI) $ 4.67
  • suiSui (SUI) $ 4.67
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,488.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,488.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,488.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,488.00
  • stellarStellar (XLM) $ 0.366348
  • stellarStellar (XLM) $ 0.366348
  • stellarStellar (XLM) $ 0.366348
  • stellarStellar (XLM) $ 0.366348
  • polkadotPolkadot (DOT) $ 7.25
  • polkadotPolkadot (DOT) $ 7.25
  • polkadotPolkadot (DOT) $ 7.25
  • polkadotPolkadot (DOT) $ 7.25
  • hyperliquidHyperliquid (HYPE) $ 32.49
  • hyperliquidHyperliquid (HYPE) $ 32.49
  • hyperliquidHyperliquid (HYPE) $ 32.49
  • hyperliquidHyperliquid (HYPE) $ 32.49
  • hedera-hashgraphHedera (HBAR) $ 0.260505
  • hedera-hashgraphHedera (HBAR) $ 0.260505
  • hedera-hashgraphHedera (HBAR) $ 0.260505
  • hedera-hashgraphHedera (HBAR) $ 0.260505
  • wethWETH (WETH) $ 3,409.35
  • wethWETH (WETH) $ 3,409.35
  • wethWETH (WETH) $ 3,409.35
  • wethWETH (WETH) $ 3,409.35
  • bitcoin-cashBitcoin Cash (BCH) $ 459.49
  • bitcoin-cashBitcoin Cash (BCH) $ 459.49
  • bitcoin-cashBitcoin Cash (BCH) $ 459.49
  • bitcoin-cashBitcoin Cash (BCH) $ 459.49
  • leo-tokenLEO Token (LEO) $ 9.31
  • leo-tokenLEO Token (LEO) $ 9.31
  • leo-tokenLEO Token (LEO) $ 9.31
  • leo-tokenLEO Token (LEO) $ 9.31
  • uniswapUniswap (UNI) $ 13.55
  • uniswapUniswap (UNI) $ 13.55
  • uniswapUniswap (UNI) $ 13.55
  • uniswapUniswap (UNI) $ 13.55
  • pepePepe (PEPE) $ 0.000018
  • pepePepe (PEPE) $ 0.000018
  • pepePepe (PEPE) $ 0.000018
  • pepePepe (PEPE) $ 0.000018
  • litecoinLitecoin (LTC) $ 101.52
  • litecoinLitecoin (LTC) $ 101.52
  • litecoinLitecoin (LTC) $ 101.52
  • litecoinLitecoin (LTC) $ 101.52
  • wrapped-eethWrapped eETH (WEETH) $ 3,596.97
  • wrapped-eethWrapped eETH (WEETH) $ 3,596.97
  • wrapped-eethWrapped eETH (WEETH) $ 3,596.97
  • wrapped-eethWrapped eETH (WEETH) $ 3,596.97
  • nearNEAR Protocol (NEAR) $ 5.22
  • nearNEAR Protocol (NEAR) $ 5.22
  • nearNEAR Protocol (NEAR) $ 5.22
  • nearNEAR Protocol (NEAR) $ 5.22
  • ethena-usdeEthena USDe (USDE) $ 0.998773
  • ethena-usdeEthena USDe (USDE) $ 0.998773
  • ethena-usdeEthena USDe (USDE) $ 0.998773
  • ethena-usdeEthena USDe (USDE) $ 0.998773
  • bitget-tokenBitget Token (BGB) $ 4.13
  • bitget-tokenBitget Token (BGB) $ 4.13
  • bitget-tokenBitget Token (BGB) $ 4.13
  • bitget-tokenBitget Token (BGB) $ 4.13
  • aptosAptos (APT) $ 10.28
  • aptosAptos (APT) $ 10.28
  • aptosAptos (APT) $ 10.28
  • aptosAptos (APT) $ 10.28
  • usdsUSDS (USDS) $ 0.999776
  • usdsUSDS (USDS) $ 0.999776
  • usdsUSDS (USDS) $ 0.999776
  • usdsUSDS (USDS) $ 0.999776
  • internet-computerInternet Computer (ICP) $ 10.56
  • internet-computerInternet Computer (ICP) $ 10.56
  • internet-computerInternet Computer (ICP) $ 10.56
  • internet-computerInternet Computer (ICP) $ 10.56
  • aaveAave (AAVE) $ 313.52
  • aaveAave (AAVE) $ 313.52
  • aaveAave (AAVE) $ 313.52
  • aaveAave (AAVE) $ 313.52
  • crypto-com-chainCronos (CRO) $ 0.163611
  • crypto-com-chainCronos (CRO) $ 0.163611
  • crypto-com-chainCronos (CRO) $ 0.163611
  • crypto-com-chainCronos (CRO) $ 0.163611
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.489387
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.489387
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.489387
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.489387
  • ethereum-classicEthereum Classic (ETC) $ 26.69
  • ethereum-classicEthereum Classic (ETC) $ 26.69
  • ethereum-classicEthereum Classic (ETC) $ 26.69
  • ethereum-classicEthereum Classic (ETC) $ 26.69
  • mantleMantle (MNT) $ 1.19
  • mantleMantle (MNT) $ 1.19
  • mantleMantle (MNT) $ 1.19
  • mantleMantle (MNT) $ 1.19
  • render-tokenRender (RENDER) $ 7.41
  • render-tokenRender (RENDER) $ 7.41
  • render-tokenRender (RENDER) $ 7.41
  • render-tokenRender (RENDER) $ 7.41
  • vechainVeChain (VET) $ 0.047085
  • vechainVeChain (VET) $ 0.047085
  • vechainVeChain (VET) $ 0.047085
  • vechainVeChain (VET) $ 0.047085
  • mantra-daoMANTRA (OM) $ 3.90
  • mantra-daoMANTRA (OM) $ 3.90
  • mantra-daoMANTRA (OM) $ 3.90
  • mantra-daoMANTRA (OM) $ 3.90
  • moneroMonero (XMR) $ 192.75
  • moneroMonero (XMR) $ 192.75
  • moneroMonero (XMR) $ 192.75
  • moneroMonero (XMR) $ 192.75
  • bittensorBittensor (TAO) $ 477.48
  • bittensorBittensor (TAO) $ 477.48
  • bittensorBittensor (TAO) $ 477.48
  • bittensorBittensor (TAO) $ 477.48
  • whitebitWhiteBIT Coin (WBT) $ 24.44
  • whitebitWhiteBIT Coin (WBT) $ 24.44
  • whitebitWhiteBIT Coin (WBT) $ 24.44
  • whitebitWhiteBIT Coin (WBT) $ 24.44
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.32
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.32
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.32
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.32
  • daiDai (DAI) $ 0.999860
  • daiDai (DAI) $ 0.999860
  • daiDai (DAI) $ 0.999860
  • daiDai (DAI) $ 0.999860
  • ethenaEthena (ENA) $ 1.13
  • ethenaEthena (ENA) $ 1.13
  • ethenaEthena (ENA) $ 1.13
  • ethenaEthena (ENA) $ 1.13
  • arbitrumArbitrum (ARB) $ 0.782794
  • arbitrumArbitrum (ARB) $ 0.782794
  • arbitrumArbitrum (ARB) $ 0.782794
  • arbitrumArbitrum (ARB) $ 0.782794
  • kaspaKaspa (KAS) $ 0.123876
  • kaspaKaspa (KAS) $ 0.123876
  • kaspaKaspa (KAS) $ 0.123876
  • kaspaKaspa (KAS) $ 0.123876
  • filecoinFilecoin (FIL) $ 5.10
  • filecoinFilecoin (FIL) $ 5.10
  • filecoinFilecoin (FIL) $ 5.10
  • filecoinFilecoin (FIL) $ 5.10
  • fantomFantom (FTM) $ 1.04
  • fantomFantom (FTM) $ 1.04
  • fantomFantom (FTM) $ 1.04
  • fantomFantom (FTM) $ 1.04
  • algorandAlgorand (ALGO) $ 0.344635
  • algorandAlgorand (ALGO) $ 0.344635
  • algorandAlgorand (ALGO) $ 0.344635
  • algorandAlgorand (ALGO) $ 0.344635
  • okbOKB (OKB) $ 45.40
  • okbOKB (OKB) $ 45.40
  • okbOKB (OKB) $ 45.40
  • okbOKB (OKB) $ 45.40
  • cosmosCosmos Hub (ATOM) $ 6.85
  • cosmosCosmos Hub (ATOM) $ 6.85
  • cosmosCosmos Hub (ATOM) $ 6.85
  • cosmosCosmos Hub (ATOM) $ 6.85
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.68
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.68
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.68
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.68
  • blockstackStacks (STX) $ 1.73
  • blockstackStacks (STX) $ 1.73
  • blockstackStacks (STX) $ 1.73
  • blockstackStacks (STX) $ 1.73
  • ondo-financeOndo (ONDO) $ 1.77
  • ondo-financeOndo (ONDO) $ 1.77
  • ondo-financeOndo (ONDO) $ 1.77
  • ondo-financeOndo (ONDO) $ 1.77
  • optimismOptimism (OP) $ 1.86
  • optimismOptimism (OP) $ 1.86
  • optimismOptimism (OP) $ 1.86
  • optimismOptimism (OP) $ 1.86
  • bonkBonk (BONK) $ 0.000032
  • bonkBonk (BONK) $ 0.000032
  • bonkBonk (BONK) $ 0.000032
  • bonkBonk (BONK) $ 0.000032
  • immutable-xImmutable (IMX) $ 1.42
  • immutable-xImmutable (IMX) $ 1.42
  • immutable-xImmutable (IMX) $ 1.42
  • immutable-xImmutable (IMX) $ 1.42
  • celestiaCelestia (TIA) $ 5.22
  • celestiaCelestia (TIA) $ 5.22
  • celestiaCelestia (TIA) $ 5.22
  • celestiaCelestia (TIA) $ 5.22
  • movementMovement (MOVE) $ 0.987617
  • movementMovement (MOVE) $ 0.987617
  • movementMovement (MOVE) $ 0.987617
  • movementMovement (MOVE) $ 0.987617
  • theta-tokenTheta Network (THETA) $ 2.22
  • theta-tokenTheta Network (THETA) $ 2.22
  • theta-tokenTheta Network (THETA) $ 2.22
  • theta-tokenTheta Network (THETA) $ 2.22
  • injective-protocolInjective (INJ) $ 21.69
  • injective-protocolInjective (INJ) $ 21.69
  • injective-protocolInjective (INJ) $ 21.69
  • injective-protocolInjective (INJ) $ 21.69
  • dogwifcoindogwifhat (WIF) $ 2.07
  • dogwifcoindogwifhat (WIF) $ 2.07
  • dogwifcoindogwifhat (WIF) $ 2.07
  • dogwifcoindogwifhat (WIF) $ 2.07
  • the-graphThe Graph (GRT) $ 0.217310
  • the-graphThe Graph (GRT) $ 0.217310
  • the-graphThe Graph (GRT) $ 0.217310
  • the-graphThe Graph (GRT) $ 0.217310
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,407.14
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,407.14
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,407.14
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,407.14
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,609.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,609.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,609.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,609.00
  • sei-networkSei (SEI) $ 0.442659
  • sei-networkSei (SEI) $ 0.442659
  • sei-networkSei (SEI) $ 0.442659
  • sei-networkSei (SEI) $ 0.442659
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030064
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030064
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030064
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030064
  • worldcoin-wldWorldcoin (WLD) $ 2.29
  • worldcoin-wldWorldcoin (WLD) $ 2.29
  • worldcoin-wldWorldcoin (WLD) $ 2.29
  • worldcoin-wldWorldcoin (WLD) $ 2.29
  • thorchainTHORChain (RUNE) $ 5.24
  • thorchainTHORChain (RUNE) $ 5.24
  • thorchainTHORChain (RUNE) $ 5.24
  • thorchainTHORChain (RUNE) $ 5.24
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,510.94
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,510.94
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,510.94
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,510.94
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995950
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995950
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995950
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995950
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,815.63
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,815.63
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,815.63
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,815.63
  • jasmycoinJasmyCoin (JASMY) $ 0.034653
  • jasmycoinJasmyCoin (JASMY) $ 0.034653
  • jasmycoinJasmyCoin (JASMY) $ 0.034653
  • jasmycoinJasmyCoin (JASMY) $ 0.034653
  • flokiFLOKI (FLOKI) $ 0.000174
  • flokiFLOKI (FLOKI) $ 0.000174
  • flokiFLOKI (FLOKI) $ 0.000174
  • flokiFLOKI (FLOKI) $ 0.000174
  • gatechain-tokenGate (GT) $ 13.12
  • gatechain-tokenGate (GT) $ 13.12
  • gatechain-tokenGate (GT) $ 13.12
  • gatechain-tokenGate (GT) $ 13.12
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,585.72
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,585.72
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,585.72
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,585.72
  • lido-daoLido DAO (LDO) $ 1.75
  • lido-daoLido DAO (LDO) $ 1.75
  • lido-daoLido DAO (LDO) $ 1.75
  • lido-daoLido DAO (LDO) $ 1.75
  • galaGALA (GALA) $ 0.036924
  • galaGALA (GALA) $ 0.036924
  • galaGALA (GALA) $ 0.036924
  • galaGALA (GALA) $ 0.036924
  • flare-networksFlare (FLR) $ 0.027571
  • flare-networksFlare (FLR) $ 0.027571
  • flare-networksFlare (FLR) $ 0.027571
  • flare-networksFlare (FLR) $ 0.027571
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.91
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.91
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.91
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.91
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,666.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,666.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,666.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,666.00
  • makerMaker (MKR) $ 1,671.17
  • makerMaker (MKR) $ 1,671.17
  • makerMaker (MKR) $ 1,671.17
  • makerMaker (MKR) $ 1,671.17
  • beam-2Beam (BEAM) $ 0.027940
  • beam-2Beam (BEAM) $ 0.027940
  • beam-2Beam (BEAM) $ 0.027940
  • beam-2Beam (BEAM) $ 0.027940
  • the-sandboxThe Sandbox (SAND) $ 0.579091
  • the-sandboxThe Sandbox (SAND) $ 0.579091
  • the-sandboxThe Sandbox (SAND) $ 0.579091
  • the-sandboxThe Sandbox (SAND) $ 0.579091
  • fasttokenFasttoken (FTN) $ 3.32
  • fasttokenFasttoken (FTN) $ 3.32
  • fasttokenFasttoken (FTN) $ 3.32
  • fasttokenFasttoken (FTN) $ 3.32
  • usual-usdUsual USD (USD0) $ 1.00
  • usual-usdUsual USD (USD0) $ 1.00
  • usual-usdUsual USD (USD0) $ 1.00
  • usual-usdUsual USD (USD0) $ 1.00
  • pyth-networkPyth Network (PYTH) $ 0.378403
  • pyth-networkPyth Network (PYTH) $ 0.378403
  • pyth-networkPyth Network (PYTH) $ 0.378403
  • pyth-networkPyth Network (PYTH) $ 0.378403
  • nexoNEXO (NEXO) $ 1.36
  • nexoNEXO (NEXO) $ 1.36
  • nexoNEXO (NEXO) $ 1.36
  • nexoNEXO (NEXO) $ 1.36
  • tezosTezos (XTZ) $ 1.33
  • tezosTezos (XTZ) $ 1.33
  • tezosTezos (XTZ) $ 1.33
  • tezosTezos (XTZ) $ 1.33
  • kaiaKaia (KAIA) $ 0.229240
  • kaiaKaia (KAIA) $ 0.229240
  • kaiaKaia (KAIA) $ 0.229240
  • kaiaKaia (KAIA) $ 0.229240
  • kucoin-sharesKuCoin (KCS) $ 11.21
  • kucoin-sharesKuCoin (KCS) $ 11.21
  • kucoin-sharesKuCoin (KCS) $ 11.21
  • kucoin-sharesKuCoin (KCS) $ 11.21
  • based-brettBrett (BRETT) $ 0.133141
  • based-brettBrett (BRETT) $ 0.133141
  • based-brettBrett (BRETT) $ 0.133141
  • based-brettBrett (BRETT) $ 0.133141
  • raydiumRaydium (RAY) $ 4.48
  • raydiumRaydium (RAY) $ 4.48
  • raydiumRaydium (RAY) $ 4.48
  • raydiumRaydium (RAY) $ 4.48
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,465.00
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,465.00
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,465.00
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,465.00
  • eosEOS (EOS) $ 0.833377
  • eosEOS (EOS) $ 0.833377
  • eosEOS (EOS) $ 0.833377
  • eosEOS (EOS) $ 0.833377

Toncoin Open Interest Skyrockets, Eyes on 20% Price Rally

0 43

Story Highlights

  • Telegram-linked Toncoin (TON) has returned to its upward trajectory and is poised for a massive 20% rally in the coming days.

  • TON’s long/short ratio currently stands at 1.036, indicating bullish market sentiment among traders.

  • TON’s future open interest has skyrocketed by 14%, and 6% in the last four hours, indicating rising long positions.

Telegram-linked Toncoin (TON) has returned to its upward trajectory and is poised for a massive rally in the coming days. Over the past few days, the TON price has experienced a significant rally of more than 20%, while major cryptocurrencies have struggled to gain momentum.

TON’s Price Momentum

On September 13, 2024, with its impressive performance, TON experienced a breakout of a strong resistance level of $5.62 and moved above the 200 Exponential Moving Average (EMA), signaling a trend reversal from a downtrend to an uptrend.

At press time, TON is trading near $5.85 and has experienced a price surge of over 7% in the last 24 hours. Meanwhile, its trading volume has skyrocketed by 45% during the same period, indicating higher participation from traders and investors following the recent breakout.

Toncoin Technical Analysis and Upcoming Level

According to expert technical analysis, TON appears bullish and may soon rally hard. For the past three days, TON struggled near the resistance level, but with strong support from investors and traders, it breached the horizontal level of $5.62. There is a high possibility it may close its daily candle above that level.

Toncoin Open Interest Skyrockets, Eyes on 20% Price Rally

Source: Trading View

Based on the historical price momentum, at present there is not much hurdle in the lane of TON. If it closes a daily candle above the $5.65 level, it could soar by 20% to the $7 level. Currently, TON’s daily chart appears super bullish, potentially attracting more investors and traders.

Bullish On-chain Metrics

However, TON’s bullish outlook is further supported by the on-chain metrics. According to the on-chain analytic firm Coinglass, its long/short ratio currently stands at 1.036, indicating bullish market sentiment among traders. The value of the long/short ratio above 1 indicates bullish sentiment.

Toncoin Open Interest Skyrockets, Eyes on 20% Price Rally

Source: CoinGlass

Currently, 51% of top traders hold TON’s long positions, while 49% hold short positions. This data suggests that bulls are currently dominating the asset, which could benefit TON in its upcoming rally.

Toncoin Open Interest Skyrockets, Eyes on 20% Price Rally

Source: CoinGlass

Additionally, TON’s future open interest has skyrocketed by 14%, and 6% in the last four hours, indicating rising long positions and growing trader confidence.

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