Toncoin (TON) Price Prediction for March 31

Despite bears' pressure, buyers are not going to give up so easily, according to CoinStats.

$TON/USD

Toncoin ($TON) is one of the biggest gainers today, rising by 6.19% over the last 24 hours.

On the hourly chart, the price of $TON has broken the local support of $3.965. If the daily bar closes above that mark, the upward move is likely to continue to the $4.10 zone tomorrow.

On the daily time frame, bulls keep controlling the initiative. If the candle closes above the vital zone of $4, the accumulated energy might be enough for a test of the resistance of $4.116.

Such a scenario is relevant until the end of the week.

A similar picture can be seen on the weekly chart. If the breakout of the resistance happens, traders may witness a price blast to the $4.50 zone.

$TON is trading at $4 at press time.