There is a bull market already unfolding on TONUSDT, and it has been starting for months. The initial movement was strong and sudden but the beginning is never the end. After a very small and short-lived bounce, we are seeing the development of a new bullish wave. A bullish wave that we can enjoy for years to come.
The first move found resistance at $2.91. Coming from the lows of $1.11 in early February, this meant a 155% bull run, but there is more to it.
The next target is at $5.33. This is the 0.618 Fibonacci extension level and works perfectly as a continuation of the $2.91 rally. When the price of Toncoin reaches $5.33, in the coming months or weeks, this will match the same prices from January 2025 and then rise.
We will certainly find resistance again near the all-time high, at around $8, followed by a new all-time high. One question remains.
Will something new come this year or next year?
Thank you for reading.
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Namaste.
