When Hesitation Costs Money, Traders Turn to Precision. Ripple (XRP) and Toncoin (TON) Are Both Capturing Attention This April

Ripple (XRP) and Toncoin (TON) are both capturing attention this April, with technical setups hinting at strong moves and renewed bullish sentiment.

This April, Ripple (XRP) is approaching $0.75, a key resistance level according to technical analyst Egrag Crypto. With an extended target of $1.10 if bullish momentum sustains, XRP is also contained within a technical "white triangle" pattern, hinting at compression before a breakout.

Crucially, maintaining above the immediate zone at $0.57 is pivotal for bullish structure, according to the analyst.

Chart: Egrag Crypto

If it holds above this support, it bodes well for the upward trend, perhaps setting the stage for a mid-term rally.

Moreover, the analyst highlights the psychological significance of the $0.75 mark, adding that a clean breakout above it could trigger widespread interest.

With strong historical significance around these zones, XRP's next move is being closely watched as traders brace for a potential shift in April's price direction.

Toncoin (TON) Price Targets $3.50 Amid Increased Whale Activity

Toncoin (TON) is showing bullish signs as it approaches the $3.50 resistance level, buoyed by increased whale activity and growing retail interest. After dipping to $2.70 earlier this month, TON has rebounded to reach $2.95, marking a 2.48% gain in the last 24 hours.

Importantly, this uptick is notable, especially as the broader cryptocurrency market remains relatively stable.

According to on-chain data from Santiment, there has been a significant surge in large-volume transactions, with whale activity doubling over the past month. In fact, in the last 24 hours alone, whales have transacted over 923 million TON, signaling strong confidence in the asset's potential.

This activity is likely contributing to the recent recovery in the Toncoin (TON) price, which had dropped to lows of $2.70 earlier in April.

As the cryptocurrency maintains support above the $2.95 zone and pivots above it, analysts suggest that sustained buying pressure could propel the Toncoin (TON) price beyond the $3.50 resistance.

Additionally, the integration of TON by payment processor Paykassa.pro enhances its utility, allowing businesses to accept TON payments.

Together, these developments suggest that the Toncoin (TON) price may be poised for further gains in the near term.

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