#TONUSDT Targeting a New ATH🔸While Most of the Top Cryptocurrencies have experienced a price increase today like BTC, ETH and BNB which gained 4%, 3.5% and 5%, The TONUSDT pair has gained only 0.5%.
🔹That's because TON is already traveling around it's all time high price, a month ago on June 15 the pair reached $8.286 (ATH) and 18 days after that it attempted to break that record high price again reaching $8.140, falling short by $0.146 to reach the ATH.
🔸But now it is clearly obvious that the bulls are trying to fight for the ATH, the bulls have successfully kept the price above the 50 MA for the past 4.5 months and with the pair being inside of a Ascending channel, both the 50 MA ($7.282) and the support line of the channel can help the price aim for $7.678, $8.090 and $8.292 (ATH).
🔹Contrarily, if the bulls failed to sustain the 50 MA ($7.282) and the support line, the bears can push the price down $6.880, $6.413, $5.900, $5.279 and the 200 MA ($4.807). It's worth noting that the price falling down to the 200 MA doesn't change the overall uptrend but if it fell below the 200 MA down to $3.507 and $2.641 then we can say "we don't expect the price to move significantly higher anytime soon".
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