Toncoin Price Jumps 10% After Exchange Listing: What’s Next?

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Over the past two weeks, Toncoin (TON) price saw a significant retracement and dragged over 25%, retesting the 200-day EMA mark this week. Despite the increased selling pressure, the TON price saw a sharp pullback in the last session.
The renowned crypto exchange, Binance, announced the listing of Toncoin on August 8 on its platform. It led to increased buying interest and demand for TON and it exhibited a surge of over 10% intraday.
The Toncoin price recently made a double bottom formation around its base 200-day EMA mark and saw a notable pullback over 7% intraday and 30% in a week. Amidst the market’s ups and downs, the token was poised for a reversal and could see a bullish reversal ahead.
When writing, the TON price traded at $6.17 with an intraday surge of 8.26%, reflecting buying momentum with increased volume participation.
Fueled by the increased demand and a recent reversal, the Toncoin bulls were looking to regain the bullish momentum. They seemed to be willin

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