Toncoin Value Prediction: Will TON Surge After Hamster Kombat Itemizing?
Hamster Kombat Token Era Occasion and Upcoming Telegram Airdrops:
Beginning September 26, Hamster Kombat is about to carry its Token Era Occasion (TGE). Moreover, different main Telegram-based airdrops, equivalent to X Empire, Main, and MemeFi, are scheduled to launch in October. This surge in airdrop actions aligns with Toncoin’s community making ready for a big load take a look at on the identical day, September 26, at 10:00 UTC.
Throughout earlier token launches like DOGS, the TON blockchain skilled prolonged downtime, highlighting potential dangers. Nevertheless, the present deal with upcoming airdrops could create upward stress on Toncoin’s worth.
Toncoin Value Motion and Technical Indicators: EMA and Fibonacci Ranges Key
Toncoin is at present going through resistance across the 200-day EMA, with assist discovered on the 23.60% Fibonacci retracement degree. This has led to a worth consolidation vary between $5.90 and $5.45. Regardless of the looming dying cross on the chart, the bulls look like defending the $5.50 psychological mark, indicating a doable problem to the overhead trendline.
If the broader cryptocurrency market continues its restoration, a breakout above the trendline may push Toncoin towards the 78.60% Fibonacci degree, concentrating on $7.42 to $8.18 by the top of the week. On the draw back, the $5.50 assist, together with the $5 mark, ought to present a robust worth ground for TON.
On-Chain Knowledge Indicators Toncoin Development Amid Telegram Airdrop Hype
On-chain metrics reveal a rise in new, lively, and zero-balance addresses inside the TON ecosystem. This means that the group is making ready for the upcoming occasions, and this development in demand may additional assist Toncoin’s worth motion.