Toncoin (TON) Prepares for Breakout as Ripple (XRP) Pump Targets $2 on Rumors of Elon Musk Collaboration

Led by Bitcoin’s rally towards the $100K milestone, many top altcoins are looking hyper-bullish, seeking to set new all-time highs as well.

Cryptocurrency prices have seen a mixed bag of results over the past week, with some tokens, such as Toncoin (TON) and Ripple (XRP), continuing to show strength and setting new highs.

At the same time, other coins, such as Bitcoin (BTC), have seen some pullback after reaching new highs earlier in the month. Overall, the market is still showing bullish sentiment and setting new highs, boding well for the remaining weeks of 2023.

Top Altcoinsを目指して７を目指しているToncoin (TON)

Toncoin (TON) is making another attempt to breach the $6 resistance level. Over the past week, the cryptocurrency has made several attempts but has failed to gain any momentum at higher levels of resistance.

According to CoinMarketCap, the Toncoin price is in the green zone. On the 7-day chart, the coin shows a gain of 4.6%. On the 14-day chart, there is a profit of 13.9%.

In a recent tweet, X_Four_iv told his followers that the Toncoin token has shown resilience in the last few weeks.

With strong support at $5.27, he believes TON could hit the $7.29 target soon. Another analyst called CryptoBoj forecasts the value of the Toncoin crypto could pump to $8 in the next few weeks. However, TON has to beat the resistance at the 200-SMA ($5.97) first.

Toncoin price🆙⬆️粘り強さを見せています✨

７DMA付近で支えられ上昇トレンド継続中↗️

７.29目指して上昇するか👀⁉️#Toncoin #仮想通貨 #暗号資産 pic.twitter.com/331111u30Q

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