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Can Toncoin climb back to the top 10? Analyzing TON’s downtrend Ambcrypto 09 set 2024

Can Toncoin climb back to the top 10? Analyzing TON’s downtrend 📉

Toncoin has experienced a brief upward trend after enduring several days of decline. This mild recovery has given some investors hope for a sustained rebound.

However, various bearish signals loom, casting doubt on Toncoin's ability to maintain its upward momentum. Notably, the anticipation of an impending 'death cross' in its trading patterns further exacerbates these concerns.

With these indicators, the likelihood of the downtrend continuing remains substantial, questioning whether Toncoin can climb back to the top 10.

Fonte: ambcrypto.com ↗

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