TONcoin (TON) Price Prediction: Will it Reach $3 in 2023?

• Toncoin (TON) is a decentralized layer-1 blockchain cryptocurrency that trades at $2.49, indicating a 4.3% price increase in 24 hours.
• Toncoin is currently outperforming the crypto market with a 6.8% 7-day gain and has remained above its 50-day and 200-day Simple Moving Average (SMA) since the golden cross formation.
• Technical analysis suggests that TON may reach $3 in the coming weeks and can double to around $7.74 by 2025.

What Is Toncoin (TON)?

Toncoin (TON) is a decentralized layer-1 blockchain cryptocurrency created to make payments faster, easier, and more secure for users all over the world. It enables users to send value globally without any third party intermediary or restrictions imposed on them by governments or central banks. The coin has been trading since December 2022, with slight fluctuations within its current price range of $2 -$3 USD per token.

Current Price of Toncoin

At press time, TON has a 14-day price gain of 9.2% and a 30-day price rally of 8.8%, while most coins‘ prices are down due to the overall crypto market conditions this year. With a 6.8% 7-day gain, TON continues to outperform the global crypto market which has only increased by 1.4%. Currently, it trades at $2.49 which indicates a 4.3% price increase in 24 hours alone showing promise for future growth potentials in 2021 and beyond!

Technical Analysis of Toncoin

The Relative Strength Index (RSI) is at 57

Gifto (GFT): Consolidation Phase as Curve Dao and BNX Surge!

• Gifto (GFT) currently has a market capitalization of $115,463,053 based on its circulating supply of 1 billion GFT tokens.
• The crypto market experienced a significant surge in January but it seems to have been in search of a retracement since the start of February.
• Despite the falling market, some coins such as Binary X(BNX) and Curve Dao still perform well, making them potentially sound investments.

Gifto (GFT) Price Prediction

Gifto (GFT) currently has a market capitalization of $115,463,053 based on its circulating supply of 1 billion GFT tokens. At the time of writing GFT is trading at $0.115386, with a 24-hour trading volume of $114,697,643. The token’s price has increased by 0.60% in the past 24 hours but has declined by -5.50% over the past 7 days.

Technical Analysis

The price of Gifto has been in a bearish move since reaching its all-time high of $0.96 in July 2018. The price has experienced a series of bearish moves escalated by the fall of the FTX crypto exchange headed by Sam Bank Fried. Since the crash of FTX, the price of GFT has been consolidated, trading along the 200-day moving average. The trading volumes are strongly bearish indicating that the price may move further south if these moving averages cross one another which could lead to prices reaching up to $0

Crypto Community Sends $9M in Aid to Turkey After Earthquakes

• The crypto community has come together to donate over $9 million to Turkey’s earthquake relief fund following a series of devastating earthquakes in the region.
• Major crypto companies such as Binance, Bitfinex, KuCoin, OKX, and Tether have all pledged donations to help the survivors of the tragedy.
• Avalanche Foundation also donated $1 million in AVAX tokens and invited others to contribute what they can.

Crypto Community Unites for Turkey Earthquake Relief

The crypto community recently united to provide relief to those affected by the massive earthquakes in Turkey and Syria. With thousands of casualties and an increasing death toll, major crypto companies such as Binance, Bitfinex, KuCoin, OKX, and Tether have pledged over $9 million in donations. Additionally, Avalanche Foundation donated $1 million worth of AVAX tokens and encouraged others to join in the effort.

Binance CEO Shares Support

Changpeng Zhao from Binance expressed his support for those affected by the earthquakes saying that it is time for the crypto world “to come together and show everyone that it is a force for good and a sign of hope”. He also highlighted how close Turkey is to the heart of Avalanche Foundation and its community.

Turkey Earthquake Relief Fund

The funds will be directed towards helping victims recover faster with Aytunc Yıldızlı – executive director of Avalanche – noting that this is an opportunity for people around the world “to come together” and make a difference. He added that even small contributions can make a huge difference when combined with other efforts from within the cryptocurrency industry.

Crypto Companies Lead Donations

Apart from Binance, Bitfinex donated ETH tokens worth $1 million while KuCoin contributed 10 BTC with OKEx donating another 10 BTC plus 1 million USDT tokens from Tether bringing total crypto donations up to more than $9 million at press time. Furthermore, many individuals have also joined in on these efforts contributing their own digital assets as well as fiat currency donations via bank transfers or credit cards.

A Call To Action For Crypto Supporters

All these donations are being accepted into special wallets set up exclusively for this purpose which makes it easier for people willing to donate their own digital assets or fiat currency do so without any problems or delays. The goal now is simply to spread awareness about these fundraising efforts so more people can join in on these initiatives if possible

Fantom Soars High: Price Prediction for $0.55 Resistance

• The Fantom price prediction is at $0.53 as the technical indicator Relative Strength Index (14) stays within the overbought region.
• FTM/USD may cross above the channel to hit the resistance levels of $0.70, $0.75, and $0.80 respectively. Any bearish movement below the moving averages may touch the critical supports at $0.35, $0.30, and $0.25.
• When compares with Bitcoin, the Fantom price may cross above the upper boundary of the channel to hit the resistance level of 2600 SAT and any possible bearish movement could touch lows under 2000 SAT.

Fantom Price Prediction

The Fantom price prediction is at $0.53 as the technical indicator Relative Strength Index (14) stays within the overbought region. Fantom circulating supply stands at 2.7 billion while its total supply is 3.1 billion with a market cap of around 1$4 million according to Coinmarketcap ranking #40 .

FTM/USD Market Key Levels

The FTM/USD pairs potential resistances are located at $0.70, $075 and 080 respectively and any bullish movement above these key resistance levels may encourage further buying activity in market . On other hand if current level fails to hold strong ,the Fantom (FTM) price could slip below its support level which is located at 035 , 030 and 025 .

Fantom Price Prediction: Is Fantom Ready for Upside?
Looking at daily chart ,if buyers keep prices above 9-day and 21-day moving averages then FTM/USD might cross above channel to hit resistance levels mentioned earlier . In addition ,technical indicator Relative Strength Index (14) suggests that market might create additional bullish trends when signal line moves above 70-level .

Comparing With Bitcoin
When compared with Bitcoin ,price of Fantom might cross upper boundary of channel to hit 2600 SAT mark as resistance level . If coin decides to follow bearish movement then it might refresh lows under 2000 SAT .

The overall trend for Fantom looks positive as it has managed to stay in an overbought zone despite recent pullbacks . It seems that investors can expect some good returns from this coin in near future if current favorable conditions continue .