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A decentralized and open internet, created by the community using a technology designed by Telegram. It is made up of three components
TON Storage
TON Proxy
TON DNS
Main features of TON
Transactions per second -104715
Block Time- 5 seconds
Number of validators- 230
RUNEUSD showed a minor pullback in the past week.
Any daily close above $5 confirms further bullishness.
TONUSD gained more than 70% in the past week. The pair holds above the short-term (21 and 55 EMA) and long-term moving average in the 4-hour chart. It hit a high of $3.93 and is currently trading around $3.60.
The bullish invalidation can happen if the pair closes below $2. On the lower side, the near-term support is $3.30. Any close below target $2.80/$2.30/$2.
The pair's near-term resistance is around $4. Any breach above confirms minor bullishness. A jump to $5/$6 is possible. A surge past $6 will take it to $20.
It is good to buy on dips around $3 with SL around $2 for TP of $6.
