The Open Network’s native Toncoin (TON) has bounced-up +5% after localised retracement from upper trendline resistance, but is it too late to buy Toncoin?
Retracement has swept the Toncoin chart following rejection from upper trendline resistance – this comes following a dramatic upside pump triggered by the news that Telegram integrated TON wallet.
TON holders are speculating a break-out move here could unlock skyrocketing price action, with eagle-eyed traders highlighting the huge amount of liquidity at higher price levels.
TON Price Analysis: Is it too Late to Buy Toncoin?
Despite the recent downside, Toncoin is currently trading high in the channel at a market price of $2.14 (Representing a 24-hour change of +4.21%).
Loss of support from the 20DMA on September 30 has seen TON fall to the $2.00 price level, and a well-defended consolidation here has primed price action for the ongoing bounce.
TON is still technically strong here, with reliable lower support to be found from the 200DMA at $1.75.
The 20DMA (sat at $2.24) will form the first key area of resistance for the current upside move.
Toncoin’s RSI is showing minor bearish divergence, with an oversold signal at 53.83.
While the MACD indicator reinforces this view with a -0.0383 reading suggesting stalling momentum.
Overall, TON is fragile here – with the upside move targeting a reclamation of the 20DMA, against bearish indicators – possibly hinting at a further retracement.
This leaves TON with an upside target at $2.25 (a potential +5.34%).
While downside risk could see TON fall to $1.78 (a possible -16.6%).
This leaves Toncoin with a risk: reward ratio of 0.32 – a bad entry, overwhelmed buy downside risk.
Meet TG Casino: Fastest Growing GambleFi Crypto Presale Hits $475k
As Telegram trading bots and GambleFi dominate September’s narratives, the TG.Casino ($TGC) presale is gaining significant attention – racing to $421k raised in just days, here’s why it should be on your radar.
TG.Casino isn’t just another quick Telegram bot pump-and-dump it’s an intricately crafted ecosystem that marries the thrill of the casino world with the decentralized edge of blockchain.
By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.
The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.
With a range of offerings, from thousands of live casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.
And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.
From a security standpoint, users can rest easy – all data and funds are encrypted, ensuring robust protection against potential threats.
While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.
The TG Casino Presale: Hype and Beyond
The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.
Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.
And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.
The $TGC token’s utility is another aspect to spotlight – beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.
Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.
How to Buy TG Casino Early?
Step 1 – Go over to their official website
The first thing you want to get correctly is going over to their official website.
Step 2 – Create a Crypto Wallet
You need to set up a crypto wallet, and it’s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.
Step 3 – Purchase ETH or USDT
Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.
Step 4 – Connect Wallet to Presale Dashboard
Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.
Step 5 – Buy TG.Casino Token
Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.
Step 6 – Claim TG.Casino Token
Once TG.Casino’s presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the ‘Claim’ button on TG.Casino’s homepage. That’s all for how to buy TG.Casino.
TG Casino’s Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot
To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it’s a front-row ticket to the future of Telegram GambleFi.
With tokenomics supply – fairly distributed across the presale, liquidity pools, staking rewards, and player rewards – and the additional bolster of TG Casino’s jaw-dropping 3,446% APY – this project is positioned to become a huge name in the GambleFi vertical.
Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!
Dive into the TG.Casino Presale Now.
Buy $TGC Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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