Toncoin Price Breaks Down Below Major Support; Another Sell-Off Ahead?
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Toncoin price declined by 2% to $5.8, reflecting a broader cryptocurrency market sell-off over the weekend. This downturn saw major cryptocurrencies, including Bitcoin and Ethereum, dip below critical levels of $60,000 and $2,700, respectively. The price movement is largely attributed to rising geopolitical tensions in the Middle East. Amid this correction, Toncoin continues to trade below a key breakdown point of a bearish pattern, suggesting the potential for further sell-offs.
Source: coingape.com ↗
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