‼️Amid pre-halving volatility, altcoins react variously. Notably, TON and WBT showcase promising trends.
🔺TON surged after news of USDt integration with Telegram Open Network at TOKEN2049. It rose by over 16% on April 19, reaching 9th position in crypto ranks. Despite resistance at $5.55, it surged past $5.68 with increased trading volume, hinting at targets of $7.15 and $8.05. Positive liquidation levels suggest a reset of speculative interest, possibly around $7.43.
🔺Similarly, WBT, native to WhiteBIT, sustained an uptrend despite corrections. Recent gains, supported by listing announcements and stablecoin activity, signal buying pressure. Exponential moving averages suggest a continued uptrend, with potential gains to $11.34 - $13.05 according to AMBCrypto.
🔺ENA witnessed institutional buying before a correction, indicating long-term bullishness. However, it faces selling pressure, evident in increased asset withdrawals. Ethena Labs' "Season 2" announcement led to withdrawal surge for staking, while ENA futures' open interest declined.
🫢Disclaimer: This article provides information for educational purposes; trade at your own risk and conduct thorough research.
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