- Whale entries increased by 42% while Toncoin defended support and gained in traction of the network.
- DAA Divergence struck + 41%, signaling the growth of user activity before price action.
Tonorcein (tone) recorded a 34% increase in transactions growth this week, with a 29.63% increase in new addresses and 23.08% zero balance portfolios in addition to the network.
Exchanging at $ 2.88 after a daily gain of 1.38% at the time of the press, Ton reflected growing traction among new users despite a 3.76% drop in active addresses.
Overall growth indicates an increase in interest and can be the early foundation of a high phase of raised recovery.
The bulls intervene at the assistance, but can they generate resistance?
Toncoin defended the support region of $ 2.60 to $ 2.70 after repeated tests, marking a solid short -term low.
However, when writing the editorial’s moment, the price negotiated below the descending trend line and the key FIB levels were $ 3.15 and $ 3.28.
These resistance areas have price rallies capped in the past month, which makes them essential for any ascending break.
Supported closure greater than $ 3.28 could trigger momentum to levels of $ 3.46 and $ 3.69. Until then, your remains trapped in a tightening fork, testing the patience of investors and the conviction of the market.
Source: tradingView
The activity of tonnes of tonnes returns with a touch of weekly fruit of 42%
The large Netflows support has climbed 42.45% over the past seven days, showing a strong reversal of whale behavior. This marks a change in feeling, high value portfolios re -examine the market after long periods of outputs.
The timing coincides with the rebound of tone from its level of support, which suggests that the accumulation probably occurs during consolidation.
If this behavior persists, it could offer the bulls necessary for the foundation of the bulls necessary to challenge resistance to general costs and lead tones into a new trend cycle.
Source: intotheblock
The DAA divergence climbs over 41% while the fundamentals exceed the price
At the time of the press, the DAA divergence of tone adjusted tone is at + 41.32%, pointing to an increase in activity compared to the price. This metric often reflects the hidden force, where the real demand for user demand increases even when the price is late.
The current divergence takes care of an increased perspective because it signals authentic use rather than speculative points.
Combined with the creation of an increasing portfolio and an increase in whale entries, improving the dynamics of the address of your could act as a springboard for a stronger movement if the resistance barriers are eliminated in the coming days.
Source: Santiment
Ton derivatives warm up: do merchants position themselves for volatility?
The activity of tone derivatives jumped this week, with a volume up 54.48% to $ 94.54 million and an increase in open interest of 4.83% to 192.22 million dollars. This reflects increasing speculative interest and confidence in directional movements.
The increase in volume generally leads to a discovery of prices, especially when accompanied by an increase in open interests.
With the alignment of the foundations of the fundamentals for supporting the cash market, the merchants of derivatives seem to be at the top of a potential break.
If you erase his resistance group, these leveraging positions could considerably amplify the quantity of upward movement.
All eyes on $ 3.28 as the upward pressure is built on the markets
Your shows strong short -term recovery signs, supported by the increase in transactions growth, upward divergence, whale entries and the rise of derivatives.
However, the entire bullish momentum remains speculative unless $ 3.28 are decisively broken.
Until then, the prospects of your remain linked to the beach. However, the convergence of strength on the chain and commercial interests creates a convincing configuration for the expansion of prices.
If the bulls maintain the pressure and the reversal of the resistance to support, your could take momentum for a movement towards the area from $ 3.46 to $ 3.69 in future sessions.
