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TON Bullish Pattern Signals Breakout Ahead — 40% Rally Loading?

  • Toncoin (TON) has surged over 5% in the past 24 hours, signaling renewed market demand amidst a broader market downturn.
  • Crypto analyst Ali Martinez suggests that TON is showing a bullish pattern, with a potential 40% price breakout ahead based on a symmetrical triangle formation in the 4-hour trading chart.
  • Currently trading at $3.16, a breakout above $3.28 could lead TON's price to $4.55-$4.65, while a breakdown at $3.10 could result in a price between $1.80-$1.90.
  • Telegram's partnership with xAI, announced by Pavel Durov, has contributed to recent price gains of TON, which ranks as the ninth largest cryptocurrency with a market cap of $7.79 billion.

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