Recently, has been drawing significant attention due to its promising on-chain metrics and a potential breakout. Currently testing a key descending trendline after a 10% rally from the $6.02 level, the altcoin is showing signs of bullish momentum. With 72% of its total addresses in profit, the market sentiment is optimistic. Additionally, whale activity has surged, increasing 110% in the last 24 hours, suggesting strong market confidence and potential for a price breakout above resistance.
Toncoin's active addresses have also increased by 14%, further indicating growing interest. While a successful breakout could target the $7 level, failure to do so may lead to a retracement to the $6.02 support level