Toncoin [TON] has registered promising growth in the last 24 hours, with its price surging by nearly 4%. The token is currently testing a crucial resistance, and a break above it could lead to a massive surge.

According to CoinMarketCap, Toncoin was trading at $5.31 with a market capitalization of over $13 million, making it the ninth-largest crypto.

If Toncoin manages to overcome the $5.31 barrier, it could potentially reach the $7.9 level, which would be a significant achievement for the token.

However, an unsuccessful test of the resistance could result in a price drop, and investors should closely monitor the token's performance in the coming days.

The article aims to assess Toncoin's ability to break through the $5.31 resistance and reach the $7.9 mark, which could signal a promising bull run for the cryptocurrency.

Source: https://ambcrypto.com/assessing-if-toncoin-can-overcome-the-5-31-barrier-reach-7-9/

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