– Will another ATH follow its latest high? Metrics say…

Toncoin An assessment of the token’s performance on the daily chart confirmed that, despite the slight uptick in selling pressure forcing TON’s price to fall from its new all-time high. In fact, the bullish bias remains significant across the crypto’s market.

These indicators measure overbought and oversold conditions in the market by tracking an asset’s price momentum and changes. At their press time values, TON’s RSI and MFI confirmed the preference of its traders for accumulating over distributing. An asset’s DMI measures the strength of its price trend. When its positive index rests above the negative index, it suggests a dominant uptrend in the market. This is a bullish signal that traders interpret to mean that bearish influence is significantly low.

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