Toncoin (TON) has undoubtedly been one of the best performers in the cryptocurrency market in 2024, enjoying a meteoric rise in the first half of the year. However, the altcoin has struggled to keep up the pace just as the other large-cap assets in recent months. In its latest downturn, the Toncoin price lost its hold above the psychological $5 level for the first time in over a month on Friday, October 25. However, a popular analyst on X has predicted that the cryptocurrency may not stay beneath this level for long. Analyst Sounds Buy Alarm For TON — Here’s Why In a recent post on X, prominent crypto analyst Ali Martinez shared that the price of TON might be gearing for a rebound more quickly than anticipated. This positive projection came after the altcoin succumbed to intense bearish pressure to fall below $5. Related Reading: Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means According to Martinez, the “Tom Demark” (TD) Sequential has sounded a buy alarm for the Toncoin price on its 12-hour chart. T ..
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