Price: $0.38594 2.1478%
Market Cap: 56.69B 1.7502%
Volume (24h): 8.27B 0.4%
Dominance: 1.7502%
Price: $0.38594 2.1478%
Market Cap: 56.69B 1.7502%
Volume (24h): 8.27B 0.4%
Dominance: 1.7502% 1.7502%
  • Price: $0.38594 2.1478%
  • Market Cap: 56.69B 1.7502%
  • Volume (24h): 8.27B 0.4%
  • Dominance: 1.7502% 1.7502%
  • Price: $0.38594 2.1478%
Home > Information news > Here is What’s Next for Toncoin (TON), Avalanche (AVAX) & Dogecoin (DOGE) Price

Here is What’s Next for Toncoin (TON), Avalanche (AVAX) & Dogecoin (DOGE) Price

Release: 2024/05/07 22:08 Reading: 556

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/663a236ff8bf565f7c1d9862

Toncoin (TON) Eyes 20% Surge

Toncoin (TON) has been consolidating in a descending trend before experiencing a significant upswing, reaching new highs above $7.5. Despite bearish attempts to suppress profits, bulls defended support levels, triggering another surge. Currently, TON trades within a tight range, hinting at an imminent value increase.

Rebounding from 0.5 FIB levels, TON remains range-bound. The MACD suggests increasing buying pressure with rising volume. TON is expected to ascend towards the 1 FIB level near $8 in the near future.

Avalanche (AVAX) Targets $44

Avalanche (AVAX) has traded within predefined levels since surpassing $50 and later $64. After a substantial pullback, AVAX consolidates near lower support, indicating a pause in bullish momentum. However, AVAX is expected to break out of this range and initiate a significant upswing towards higher levels.

Bollinger bands have converged and run parallel after extreme variation. Volume has declined, with bears exerting dominance. The Bollinger average bands provide a strong base for a breakout aiming for $50 initially and potentially higher levels.

Dogecoin (DOGE) Prepares for 25% Rise

Dogecoin (DOGE) experienced a significant surge in the first quarter, attracting trader attention. Despite bearish attempts to drive prices lower, bulls rebounded, setting new yearly highs. Since then, DOGE has trended downwards, but the recent market trend suggests a reversal.

DOGE bulls held support at $0.153, mitigating bearish pressure and preparing for a new rally. Price consolidation suggests a bullish breakout beyond local resistance. The 4-hour RSI indicates a bullish reversal, with potential for a breakthrough towards $0.1651. Bulls may encounter resistance, but consolidation could lead to a rise to $0.18.

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