Toncoin Analysis

Toncoin (TON) recently hit a record number of active addresses, surpassing Bitcoin and Ethereum on August 26. Despite this surge in network activity, TON price remains in a bearish trend, with many holders currently at a loss.
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Toncoin's recent bullish momentum faces resistance as profit-taking and distribution activities rise. Despite these challenges, technical indicators suggest room for further growth, with close attention needed on Bitcoin's influence.
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