The Open Network (TON) has faced significant ups and downs in its price over the last 24 hours. This volatility is indicative of the broader fluctuations seen throughout the cryptocurrency market. Despite this turbulent period, TON managed to show some signs of resilience, with a notable upward price movement of 0.64%.
The roller-coaster-like price changes saw TON oscillating within a relatively tight range. This suggests that while there was substantial buying and selling pressure, the movements did not veer too drastically from the set points. Specifically, TON started trading around $5.21 and faced challenges that tested multiple support and resistance levels effectively.
The performance highlights the delicate balance between the forces impacting TON's market value. Although it didn’t break significantly beyond these sets of limits, maintaining a positive growth trajectory shows a potential for further price movements either upward or downward in response to market conditions.
