|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Top TON Tokens To Buy: Toncoin (TON), Catizen (CATI), Notcoin (NOT), and DOGS
Sep 23, 2024 at 04:47 pm
Over the TON chain, the top five tokens, TON, USDT, CATI, NOT, and DOGS lead the network growth with staggering numbers of addresses.
The top five tokens on the TON chain, TON, USDT, CATI, NOT, and DOGS, are driving the network's growth with impressive numbers of addresses.
With TON alone holding 19.39 million addresses, compared to Ethereum's top memecoin, PEPE, with only 280K addresses, the scale of TON's user adoption becomes evident.
As the broader market recovers amid the news of Digital Currency Group pausing withdrawals, let's analyze the top altcoins on the TON Chain for a potential breakout run this week.
Top TON Tokens To Buy
Toncoin (TON)
The TON price, despite the bullish trend attempting to surpass the 200-day EMA, finds support at the 23.60% Fibonacci level, forming a consolidation range between $5.66 and $5.47.
Now, the TON coin forms the fifth doji candle near the 200-day EMA, with the 50-day EMA maintaining a sideways trend. Despite the death cross looming over the TON price chart, the bull cycle dominates the $5.50 psychological mark and will likely challenge the overhead trendline.
As the broader market recovers, a potential breakout of the overhead trendline will target the 78.60% Fibonacci level at $7.42 or $8.18 by the end of this week. On the flip side, the $5.50 support and the $5 psychological mark are likely to hold the TON coin prices.
Curious to learn the TON price targets by the end of 2024? Learn more in Coinpedia's Toncoin price prediction for 2024 to 2030.
Catizen (CATI)
The Catizen token, after the massive surge of almost 140%, is in an intense pullback, dropping from the $1 psychological mark and trading at $0.75.
With a decline of 25% from the $1 psychological mark, the meme coin approaches a crucial support level of $0.6960. The support level resulted in a consolidation range for a bullish bounceback once before and is likely to propel the CATI token once again.
With a bullish contract, the CATI token will likely challenge its 50% Fibonacci level at $0.8738. However, with the growing user base and the broader market recovery, the $1 psychological mark is still a potential target level for next week.
Notcoin (NOT)
The Notcoin, after a period of growth, is undergoing a correction phase, dropping under the $0.010 mark and forming a falling wedge pattern in the 4-hour chart.
Currently, it trades at $0.0074 with an intraday gain of 2.17%, and shows bullish divergence as it trades near the support trendline. With the increasing chances of an overhead breakout, the NOT price will likely challenge the 50-day EMA near the $0.10 psychological mark.
Amid the broader market recovery and the growing user base of Notcoin, the $0.013 and $0.017 are potential upside targets.
DOGS (DOGS)
Similar to NotCoin, the DOGS token shows a falling wedge pattern in the 4-hour chart. As a recently launched token on Binance last month, the declining trend starts after reaching a peak of $0.0015.
With overhead rejections, the falling wedge pattern now tests the $0.007956. With bullish divergence in the RSI line, the DOGS token shows a high possibility of a bullish breakout.
Furthermore, the recent lower price reaction in the 4-hour candle near the support confluence bolsters the bullish chances. Meanwhile, the 50-EMA in the 4-hour chart merges with the overhead trend line and provides a high supply zone to keep the bullish growth under check.
Nevertheless, using the trend-based Fibonacci level, the upside targets for Dogs are present at the $0.0010 psychological mark and $0.001297.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- AAVE (AAVE) Rallies 125% In Two Months, What's Next?
- Sep 24, 2024 at 12:20 am
- AAVE rose 20% Wednesday to $170, a level not seen since May 2022. An asset in accumulation for more than two years is attracting traders and analysts who feel it has additional upside potential.
-
- Chiliz Group Launches Chiliz Includ3d to Aggregate Social Impact Initiatives and Democratize Web3 Access in Sports
- Sep 24, 2024 at 12:20 am
- The company said its aim is to help the sports industry's transition to web3, but also to democratise access "ensuring that all the industry stakeholders and not just the elite professional brands can benefit from the multiple opportunities that the new iteration of the Internet will unlock."
-
- 9 Altcoins That Could Do A 100X In The Next Crypto Bull Market, According to Linton Worm
- Sep 24, 2024 at 12:15 am
- Like many, crypto analyst Linton Worm expects that the next crypto bull market will begin in October 2024. This has prompted the move to be prepared
-
- Chainlink (LINK) Price Prediction 2023: Will Cross-Chain Innovations Drive Its Price Beyond $12?
- Sep 24, 2024 at 12:15 am
- Chainlink (LINK) has drawn attention due to its regular token unlock events. Despite a recent increase in circulating supply from the 18.75 million LINK tokens unlocked (worth $215 million), on-chain data suggests the possibility of a price rally. History shows that LINK has often seen upward momentum after unlocks, with seven out of the last eight events resulting in gains.
-
- POPCAT, BRETT, and FLOKI: Top Meme Coins with Huge Potential Are Currently at Crucial Levels, Making Them Worth Watching
- Sep 24, 2024 at 12:15 am
- Analyzing these coins further could provide valuable insights into potential future movements.
-
- Pepe Unchained (PEPU) Plans Turbocharged Layer-2 Network for Meme Coins
- Sep 24, 2024 at 12:15 am
- Pepe Unchained (PEPU) is the talk of the crypto market right now. This new project has already raised $14.7 million in presale, outshining most other early-stage cryptos. With big plans for its own blockchain in the works, can PEPU be the next big meme coin of 2024?
-
- Bitcoin Keeps Improving Its Position – $70K A Strong Possibility
- Sep 24, 2024 at 12:15 am
- The crypto market has been turbulent in the last two months. However, we are slowly moving away from this trend. Over the last week or so, almost all major tokens have surged in price – This change in dynamics happened thanks to the FED's decision to cut interest rates last week, which boosted the economy and the crypto market as well.
-
- GoodEgg (GEGG), Cardano (ADA), Solana (SOL) Poised for Significant Movements in Q4 2024
- Sep 24, 2024 at 12:15 am
- As we approach the final quarter of 2024, the cryptocurrency landscape is heating up with heightened bullish sentiment surrounding some of the top digital assets in the space. GoodEgg (GEGG), Cardano (ADA), and Solana (SOL) are three cryptos poised to see significant movements as we head into October, November, and December. But with each of these cryptocurrencies offering different value propositions, which one will reign supreme by the end of the year?
-
- Cryptocurrency Prices Stay Flat as Traders Adopt Wait-and-See Approach After Fed Decision
- Sep 24, 2024 at 12:15 am
- Bitcoin (BTC) rose to a multi-week high of $64,741 and then quickly pulled back to $63,377 while Ethereum (ETH) rose to $2,680.