Market Sell-Off Hits TON, RPL, and LEO, Trading Activity Dwindles

• TON struggles to break resistance at $2.13, showing the need for more positive momentum.
• TON, RPL, and LEO prices dropped due to a market sell-off, with the total market cap at $1.7 trillion.
• RPL and LEO see increased trading volumes despite price drops, indicating continued investor interest and potential buying opportunities.

Toncoin (TON), Rocket Pool (RPL), and UNUS SED LEO (LEO) have all seen price drops in the last day due to a market sell-off. Furthermore, this trend is reflected in the cryptocurrency market value, which has dropped to $1.7 trillion, a -1.03% decrease in the previous 24 hours.

TON/USD

Toncoin (TON) has been under negative pressure over the previous day after failing to break through resistance at the early high of $2.126. As a result, bearish momentum drove the TON price to a low of $2.1067, where it found support.

However, bulls were able to reverse the slump and bring the price back up to $2.12. Despite this rebound, TON is still encountering solid resistance around $2.13 as of press time, signaling that further positive momentum may be required for a major price gain.

TON/USD 24-hour price chart (source: CoinStats)

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