Two closely followed crypto strategists are predicting a rebound for layer-1 protocol Toncoin (TON) after last week’s sudden correction.
Pseudonymous analyst Altcoin Sherpa tells his 220,700 followers on the social media platform X that TON could rally more than 23% from its current value.
“Bought TON last night in spot, going to hold it and see how it plays out. $5.50 was the entry, going to be patient. I think this mean reverts a bit and these are decent entries from a TA (technical analysis) standpoint. Target is around $6.30.”
Source: Altcoin Sherpa/X
Another pseudonymous analyst, The Crypto Dog, tells his 813,200 followers on the social media platform X that he believes TON could soon abruptly bounce into the $6 range.
“TON probably pumps back
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