Toncoin (TON) Price Prediction for February 21

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The cryptocurrency market remains bullish today, according to CoinStats.Top coins by CoinStatsTON/USDThe rate of Toncoin (TON) has gone up by 2.71% over the last 24 hours.Image by TradingViewOn the hourly chart, the price of TON is falling after setting a local resistance of $3.711. If the decline continues, the correction may lead to a test of the support of $3.551 by the end of the week.Image by TradingViewOn the daily time frame, the picture is bearish as the rate is near the local support of $3.497. If a breakout happens, traders may witness a test of the $3.40 range shortly.Image by TradingViewFrom the midterm point of view, there are no reversal signals yet. Related If the weekly bar closes below the previous candle low, one can expect a drop to the $3 area by the end of the month.TON is trading at $3.588 at press time.