Toncoin (TONUSD) Price Forecast: September 10
The TONUSD price is likely to hit the $7.24 resistance value soon as the coin faces a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher, footing for prices to bolster further price rally. The price will most likely continue its bullish correction, and the crypto price could go higher to hit its previous swing high at the mentioned resistance level, which might further expose the coin price to hit the $8.00 upper resistance value, resulting in a potential buy signal for the investors.
Key Levels:
Resistance Levels: $5.00, $6.00, $7.00
Support Levels: $3.00, $2.00, $1.00
TON (USD) Long-term Trend: Bearish (4H Chart)
The TONUSD price is about to hit the previous breached resistance value, as the crypto resumes its rising trend in its higher time frame. The price is rising below the supply levels, indicating a bearish momentum. 
The price drop to the $4.59 low value during the previous action has made the coin price trade below the supply levels. This will soon be invalidated as the trend has just resumed its rising pattern to hit the previous high level soon, but has not yet reached its goal.
The Toncoin price on the 4-hourly chart is currently facing resistance and trading at the $4.85 correction level, implying that investors are active and ready to move the price up to hit a significant level at the upside.
Thus, a potential breakout from this trend line could intensify the bullish momentum and may surge the price of TONUSD to hit the $7.24 resistance value, reflecting renewed buying pressure on the asset.
In addition, the daily stochastic indicates an upward trend, suggesting that the buy investors may likely continue with the bull run and the target might hit the $7.24 resistance value soon in its long-term outlook.
TON (USD) Medium-term Trend: Bullish (1H Chart)
Amidst the market downturn, the TONUSD pair remains in the bullish market zone and may hit the $5.41 resistance value soon, in its medium-term view. 
The market price staying above the resistance trend line confirms its bullishness and the high impact of the bulls. The coin prices are gaining momentum above the supply levels, implying that the bulls are leading.
The successful breakout by the bulls to a $4.66 high mark during yesterday’s session has made it possible for the Toncoin price to hit the resistance above the moving average and retain its bullish strength in its recent high.
The momentum remains in an uptrend despite the push from the short traders; Bulls made a touch at the $4.84 high mark above the EMA-50 as the 1-hourly chart resumes today, suggesting the bulls are making a recovery attempt and continues, proving the impact of bullishness on the crypto.
However, if the current trend persists, the TONUSD price may grow to hit the $5.41 supply strength and set the potential for further growth.
Additionally, the daily stochastic indicates an uptrend, indicating that the bullish recovery pattern might continue. In light of this, the Toncoin price could swing high to hit the $7.24 resistance value soon in its medium-term outlook.
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