Toncoin (TON) price skyrockets to 11-month high after Telegram launches ‘Giveaways’

Toncoin (TON) rate reached its greatest levels in almost a year as crypto traders examined a slew of optimistic updates in its market, including the recent launch of “Giveaways” on Telegram. Source: TradingViewToncoin rate predictionThe Toncoin price chart recommends that it is excessively valued from a technical standpoint.Notably, TONs daily relative strength index has actually jumped above 70, an overbought region. The RSIs previous dives into overbought zones have actually resulted in sharp cost corrections.TONUSDT daily rate chart.

Toncoin (TON) cost reached its highest levels in almost a year as crypto traders assessed a variety of optimistic updates in its market, including the current launch of “Giveaways” on Telegram. Source: TradingViewToncoin price predictionThe Toncoin rate chart recommends that it is excessively valued from a technical standpoint.Notably, TONs daily relative strength index has actually jumped above 70, an overbought region. The RSIs previous dives into overbought zones have resulted in sharp rate corrections.TONUSDT day-to-day cost chart.