Ton price rallies by 8%

Ton price rallies by 8% in the past 24 hours.

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Ton price rallies by 8% in the past 24 hours fueled by global stock market gains and fed rate cut speculation.

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A recent breakout of the Altcoin season indicator above the Bitcoin season has fueled price increase of cryptocurrencies like Ton.

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Dog or Flower post on X about how Ton price increase is due to speculation of forecasted lower interest rates and a potential bullish October.

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Lord of Entry posted on X about how Ton has broken its trendline to the upside and Ton price is likely to go on an uptrend.

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Price of Ton on the 4 hour timeframe is currently in the cloud which means that price is ranging but if price continues to go up and breaks up above the cloud price could go on a prolonged uptrend.

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On the 1 day timeframe is below the cloud and all the cloud indicators are bearish.

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The price of Ton on a 1 week timeframe kind of bearish since the conversion line is about to cross below the base line and the lagging span is likely to cross the price to the downside.

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Price of Ton on the 1 month timeframe is still bullish the price has not gone below the conversion line and the lagging span has not crossed the price to the downside.