Despite a notable increase, Toncoin may face a temporary setback, according to market analyst Ali Martinez. Martinez’s analysis of the TON/USDT pair’s 4-hour chart reveals a sell signal supported by the TD Sequential indicator. This signal suggests a possible decline in Toncoin within one to four candlesticks. Such a development by Martinez could be worrisome for Toncoin investors. However, the significant surge that TON has experienced this month may help maintain investors’ confidence. Data from Cryptorank shows that Toncoin has seen a growth of 21.6% since the start of the month, indicating that June has been relatively less bearish for Toncoin compared to other cryptocurrencies. Stay updated on the latest technology news by visiting NEWSLINKER.
