Price analysis 4/9: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, TON
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">Risky assets remain volatile as trade war tension between the United States and China keeps investors on the edge. A minor positive is that Bitcoin (https://cointelegraph.com/bitcoin-price
) is finding support at $2.84, but the failure to start a strong rebound suggests a lack of demand from the bulls.TON/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($3.41) is sloping down, and the RSI is in negative territory, indicating that bears have the edge. If the price dips below $2.84, the TON/USDT pair could plunge to $2.35.If buyers want to prevent the downside, they will have to drive and maintain the price above the moving averages. That could open the doors for a rally to $4.14, where the bears are expected to mount a strong defense.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
