Toncoin (TON) has been on a steady uptrend in the past seven days, gaining 7.2%. This is notable as most leading cryptocurrencies have not significantly improved within the same period. The token has traded between $1.46 and $1.52 in the last 24 hours, and its market capitalization is currently $5.05 billion, making it the 14th largest cryptocurrency.The yPredict presale has now raised $3.62 million at the current price of $0.1. The price is set to increase to $0.11 after reaching $4,582,551.25. Early investors in the YPRED presale can make significant returns as the listing price is $0.12.Wallet, a TON-based application on Telegram, has announced the release of the TON Space self-custody wallet. The wallet allows users to have complete control of their digital assets. The full release for the wallet by the end of Q3 2023 will make it available to all and possibly positively affect TON’s price.TON is exhibiting a bullish sentiment following the trend posted last month. TON’s trading volumes have increased by around 3% in the previous 24 hours to $25 million. The uptick in trading volumes shows increased interest in TON. If bulls continue being behind TON’s uptrend, the Coin will likely return to the levels reported in early June. However, a downtrend in other crypto prices could trigger another decline. The current price presents a sell opportunity for traders wanting to profit. The price movement has now made a triple top, and a downtrend could be coming. Going by the previous price movement, it is likely that TON will plunge from the current $1.52 to $1.38. The downtrend will be confirmed by a reversal in the Relative Strength Index (RSI), which currently sits at 66, indicating buyers are in control.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	7
People	Bitcoinist, OpenSea., Elon Musk, BeInCrypto, Yahoo Finance
Companies	Ton Blockchain, Bitcoinist, Wall St Bulls, OpenSea, Telegram, BeInCrypto, Yahoo Finance, yPredict
Currencies	toncoin, ethereum, ypred., usd, bitcoin
Securities