Toncoin (TON) experienced significant volatility following its recent listing on the Robinhood exchange. While the news initially spurred a 5% price increase and a 58% surge in trading volume, the momentum was short-lived. Technical indicators now suggest a potential bearish trend, with analysts warning a drop to $2.80 is possible if it fails to hold key support.

Despite short-term uncertainty, long-term projections for TON remain highly optimistic, with forecasts predicting a rise to $5.32 by the end of 2025. The listing significantly boosts liquidity, meaning sharper price swings for traders.

source: Mitrade

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