In accordance with CoinDesk, The Open Network (TON) cryptocurrency has shown strong momentum, increasing by 4.1% in the last 24 hours. CoinDesk Research's technical analysis model indicates a clear uptrend with higher lows and highs, breaking through key resistance levels on high trading volume. The price peaked at $3.39, marking a 6.03% increase from $3.20. Despite recent volatility, TON maintains most gains, consolidating near $3.35. The CoinDesk 20 index, excluding exchange coins, memecoins, and stablecoins, also rose by 3.7% during the same period. CoinDesk Analytics, an AI-powered tool, assists in generating market data analysis, ensuring accuracy and transparency. The editorial team reviews all AI-generated content before publication. Tom, a market reporter, covers crypto adoption in Latin America and holds BTC above CoinDesk's disclosure threshold.
TON Cryptocurrency Rises 4.1%, Signals Further Upside Potential
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