Toncoin Continues its Upward Trajectory Amidst Market Pressure

Despite the recent surge in Toncoin, market analyst Ali Martinez is cautioning that the cryptocurrency may be due for a short-term pullback. Martinez shared a 4-hour chart of the TON/USDT pair, indicating a potential sell signal supported by the TD Sequential indicator. This signal suggests a possible decline in Toncoin over the next one to four candlesticks. While this development may be worrisome for Toncoin investors, the cryptocurrency’s strong performance throughout the month could help maintain investor confidence. According to data from Cryptorank, Toncoin has seen a 21.6% increase since the beginning of the month, indicating a relatively bullish June compared to other cryptocurrencies. Stay updated with the latest technology news by visiting NEWSLINKER.