The post TON Bounces Back into Crypto Top 10 Over ADA and TRX appeared on BitcoinEthereumNews.com.

Toncoin has officially surpassed Cardano in terms of market cap this week, but savvy traders are only talking about Rollblock’s 100x potential. With over 15,000 early investors, Rollblock is ready to disrupt the $500bn per annum global gambling market with its crypto-native casino.  Toncoin (TON) is Back in the Game Toncoin was on a bearish trajectory ever since Telegram’s CEO was arrested, but it has regained bullish momentum now. With an intra-day surge of 5.17%, Toncoin is currently trading at $5.35. This upward trend has continued over the last seven days as Toncoin recorded intra-week gains of over 8%, making analysts positive about Toncoin’s future potential. Despite the recent rally, Toncoin still hasn’t breached the 50-, 100-, and 200-day EMAs on its daily chart. However, since Toncoin’s Momentum Indicator and MACD line are both looking bullish, analysts are still positive about a resurgence. Toncoin’s RSI is also reaching the neutral level at 50, and until it reaches overbought territory, Toncoin’s price is expected to surge even further.  Can Cardano (ADA) Reclaim its Position? Cardano has been pushed out of the crypto Top 10 this week after the token failed to keep up with market trends. Although Cardano’s price rallied by 6.68% over the past seven days, it wasn’t enough to keep investors interested. For now, Cardano is trading at $0.3426 with a minor intra-day surge of 0.5%.  To regain investor confidence, Cardano needs to break above its 50-day EMA at $0.358, which is also the nearest resistance. Since Cardano’s volume is down by over 5% today, investors are quickly losing confidence despite Cardano’s MACD and Momentum Indicator flashing buy signals. If buying pressure picks up, Cardano may hit the $0.406 resistance in the upcoming weeks.  Rollblock (RBLK) Expected to Enter Crypto Top 10 by 2025 Rollblock’s GambleFi protocol may be…

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Filed under: News - @ September 12, 2024 11:23 pm