Altcoin investors seized the opportunity to buy at lower levels during Friday’s dip. If the Fed does not make market-upending announcements on Wednesday, those who capitalized on these lows may see significant gains. So, what are the predictions for TON and FIL Coin? Which levels should be watched?
TON Coin Price Prediction and Analysis
Every altcoin has a notable level, and for TON Coin, this level is $7.67. The level that needs to be closed above for the $10 target cannot be surpassed for various reasons. Friday’s dip was one of them. Fortunately, TON Coin found support at the $6.8 region, which corresponds to the 20-day EMA.
If the support level is maintained and BTC does not return to nightmare days, TON Coin’s price is expected to retest the resistance level within a few days. With the breach of the $7.67 resistance, the $10 psychological resistance level will be targeted. Conversely, if the price reverses from the current level or resistance test, there is a risk of continued selling down to $6.
On the four-hour chart, the point that investors focus on is the uptrend line. For a deeper correction, the trend line needs to be maintained. Here, the downside targets correspond to $6.26 and $6 levels. At the time of writing, Bitcoin’s price was at $69,729.
FIL Coin Price Prediction and Analysis
As a rare initiative in its field, FIL Coin received significant attention in past years. The hype days might return, and being a well-established altcoin that survived the FTX collapse, it has proven its worth. Coming to the present, on June 7, the bulls testing the general resistance were met with the bears’ wrath, as seen from the long wick.
Strengthening sales at higher levels stopped at the moving averages. If it returns to $6.77 and the region is surpassed, a scenario similar to TON Coin’s $10 story could be seen. In this case, FIL Coin’s price is expected to surpass $8.54 and $9.35 levels. Another sharp drop at resistance could cause prolonged congestion in the current range.
