DOGE Shows Short-Term Gains Amid Bearish Signals; TON Eyes Steady Sideways Range
01.04.2025 22:35
DOGE experienced a 2.37% price increase in the past 24 hours, yet its hourly chart reflects bearish signals after a false breakout above the $0.1746 resistance level. Analysts warn that if bulls fail to take the initiative, DOGE may retest the $0.1650 zone by tomorrow, and a correction toward $0.16 could follow. Additionally, TON's price prediction for March 31 suggests a sideways trading pattern in the range of $0.1650 to $0.18, indicating a period of consolidation with neither bulls nor bears taking clear control. The news is set against a neutral market mood as reported by CoinMarketCap, with technical resistance acting as a key indicator for potential short-term bearish trends for DOGE while TON appears to settle into a stable range over the short term.
The news points to an initial positive momentum for DOGE following a 2.37% gain in the past 24 hours. However, the short-term outlook is bearish as indicated by the hourly chart showing a false breakout above resistance and a potential pullback to the $0.1650 support level. In the short term, traders may see increased volatility and a possible correction if the bulls cannot reverse the trend. Long-term dynamics hinge on whether bullish sentiment can be restored and if DOGE can establish a sustainable upward trend, similar to previous patterns observed during false breakouts.
TON is projected to experience a stable trading environment with a predicted sideways movement between $0.1650 and $0.18. The news is based on a technical forecast, suggesting limited immediate volatility and moderate consolidation in the short term. The sentiment around TON is neutral, with expectations of stable performance unless a breakthrough occurs. Historical comparisons suggest that such sideways trading periods can either precede significant movements or consolidate before a steady trend emerges over the longer term.