Toncoin Price Prediction: TON Plummets 18% In A Week As This New Meme Coin Closes On $1 Million

Toncoin Price Analysis

Toncoin has declined over 18% this week, currently trading at $4.57. It dropped from an intraday high of $4.83, with trading volumes falling more than 10% to $310 million.

Critical Support Level

Toncoin's 4-hour chart (TradingView) reveals support at $4.543. If this level is breached within 12 hours, TON may drop to $3.997. Conversely, holding above $4.543 could reverse the downtrend and present a long opportunity, potentially pushing it to $4.996 and $5.417.

Technical Indicators

Despite technical indicators suggesting bearishness, bulls appear to be regaining strength. The MACD line is approaching the MACD Signal line, indicating a potential reversal of the negative trend. The RSI, currently below 30, suggests oversold conditions, potentially attracting buyers. Crossing above the SMA line could signal buyer dominance.

Crypto All-Stars (STARS)

Investors are flocking to Crypto All-Stars (STARS), a new meme coin, as it introduces a unified staking experience. Users can stake various meme tokens through the project's MemeVault, earning passive rewards in STARS. Additionally, staking STARS offers a lucrative APY of 1,471%.

Buy STARS at ICO Prices

STARS is approaching $1 million in its presale, with investors purchasing the token at $0.0014248 using ETH, USDT, BNB, or credit cards. Presale participants can stake tokens for over 1,000% APY, earning rewards before the project's launch. The token's price will increase in subsequent ICO stages, so potential buyers should act promptly to secure the best rate.