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Price Analysis: Toncoin (TON) Decreases More Than 5% Within 24 Hours

Price Analysis: Toncoin (TON) Decreases More Than 5% Within 24 Hours

The price of Toncoin (TON) has decreased 5.17% over the past 24 hours to $2.3. 

TON Price Chart | Source: Coinstats

 

This is contrary to the coin’s performance over the past week where Toncoin (TON) has experienced an up-trend of 4.0%, moving from $2.21 to its current price.

The chart below compares the price movement and volatility for Toncoin over the past 24 hours (left) to its price movement over the past week (right). 

TON Price and Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

See Also: Price Analysis: Ethereum Classic (ETC) Down More Than 3% Within 24 Hours

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 2.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 0.03%. 

TON Circulating Supply and Trading Volume

 

This brings the circulating supply to 3.46 billion. According to our data, the current market cap ranking for TON is #15 at $7.95 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.