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Toncoin’s Mysterious BARR Pattern Unleashes Ancient Cryptocurrency Powers That Will Definitely Not Get Crushed Again This Week

An illustration of a cryptocurrency chart with an upward trendline breaking through resistance levels, surrounded by flames and sparks; above it, Toncoin's logo is rising like a phoenix from the ashes, while below, broken chains and shattered glass represent the crypto market decline. In the background, two moving averages (red and blue) are turning upwards, forming a bullish setup with an inverse-head-and-shoulders pattern emerging on its surface

Let me tell you about Toncoin’s latest “breakout” – because what every cryptocurrency needs is another arbitrary technical pattern being touted by some self-proclaimed genius who clearly has no idea how markets actually work.

Source: cointelegraph

Toncoin  emerged as one of the top-performing cryptocurrencies on Aug. 19, surging nearly 9% within the last 24 hours. This rally starkly contrasts the broader crypto market, which experienced a 3% decline over the same period. The sharp rise in the price of Toncoin (TON) is part of a technical breakout from a classic bump-and-run reversal (BARR) pattern. The BARR pattern, which TON has followed closely in recent weeks, typically begins […]

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