Ethereum’s Ripple effect – Toncoin flips Cardano to hit $7 ATH

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The rise in the trading activity around Toncoin [TON], the cryptocurrency linked to the popular messaging app Telegram, has caused its...

As demand for the altcoin pours in, TON’s value has risen by over 35% in the last seven days.Toncoin

For example, TON’s Aroon Up Line was spotted at 100% as of this writing. An asset’s Aroon indicator measures its trend strength and identifies potential reversal points. Also confirming the bullish trend, TON’s Elder-Ray Index was positive. The indicator has posted only positive values since 28th February, despite the headwinds faced by the general cryptocurrency market in March.

 

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