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TON Surges 20% as Telegram Founder Pavel Durov Recovers Passport From French Authorities

The price of TON has surged more than 20% over the last 24 hours to now trade above $3.45 and have a $8.14 billion market capitalization after French authorities returned Telegram founder Pavel Durov’s passport. The move restores Durov’s ability to travel freely and marks the end of a situation that had drawn concerns from privacy and free speech advocates. Durov, who co-founded Telegram, a messaging platform with nearly a billion users, has long been an outspoken advocate for privacy and secure communication. Read more: TON Down 14% as Telegram CEO Pavel Durov Arrested in France The TON Foundation, which supports the Telegram Open Network (TON), celebrated the moment on social media . “As part of the decentralized TON community, we have stood in solidarity with Pavel, supporting his unwavering dedication to defending the right to free speech and privacy online.“ TON has also benefited from new features introduced to the Wallet app on Telegram, which include multiple assets, a yield program, an updated user interface, and more. Read more: Telegram`s Pivot to TON Payments for Ads Boosts Toncoin Bitcoin.com

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Bitcoin (BTC) Is Undergoing a Trend Shift On 3-Day Chart

Bitcoin (BTC) shows signs of a crucial trend reversal on its 3-day chart, according to the SuperTrend indicator. This development has caught the attention of traders and analysts, sparking discussions about whether BTC is entering a new bullish phase or preparing for a deeper correction. With Bitcoin’s price action heavily influencing the broader crypto market, understanding this trend shift is crucial for investors looking to position themselves accordingly. The SuperTrend indicator is a widely used tool in technical analysis that helps traders identify the prevailing market trend. It is based on the Average True Range (ATR) and adjusts dynamically to price movements. When the indicator flips from bearish to bullish, it signals a potential uptrend, suggesting an optimal time to enter long positions. Conversely, a reversal from bullish to bearish suggests increasing selling pressure and the likelihood of further downside. #Bitcoin $BTC is undergoing a trend shift on the 3-day chart, according to the SuperTrend indicator! pic.twitter.com/Fhrwo2FuUI — Ali (@ali_charts) March 14, 2025 On Bitcoin’s 3-day chart, the SuperTrend indicator has recently flipped, signaling a potential shift in momentum. This transition suggests that BTC may be at a turning point, with either a continuation of its upward trajectory or a reversal that could lead to lower price levels. Historically, such shifts have preceded significant price movements, making this a major development for traders and long-term investors. Technical Confirmation and Key Price Levels A trend reversal is only confirmed when other technical indicators support the signal generated by the SuperTrend. Bitcoin’s recent price action suggests growing bullish momentum, with BTC breaking above key resistance levels and forming higher highs. Bitcoin’s bullish trajectory relies on consistent trading above its freshly formed support levels. Momentum indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are also crucial in assessing the strength of this trend shift. A climbing RSI suggests growing buying momentum, and a MACD crossover can provide additional confirmation of a developing trend. If these indicators align with the SuperTrend’s bullish signal, the likelihood of a sustained rally increases. Market Sentiment and Broader Influences Beyond technical indicators, Bitcoin’s trend shift is influenced by broader market conditions and investor sentiment. On-chain data suggests that long-term holders are accumulating BTC, reducing selling pressure and adding confidence to the market. Additionally, institutional interest in Bitcoin remains strong, with spot Bitcoin ETFs continuing to attract inflows. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Macroeconomic factors also play a role in Bitcoin’s price trajectory. Developments such as Federal Reserve policy decisions, inflation trends, and overall risk sentiment in global financial markets can impact BTC’s momentum. If economic conditions favor risk assets, Bitcoin could benefit from increased demand as a hedge against traditional financial uncertainties. The Road Ahead for Bitcoin The trend reversal on Bitcoin’s 3-day chart signals a critical inflection point, poised to catapult the market into a new phase. If the SuperTrend indicator’s signal proves accurate, BTC could be on the verge of a strong uptrend, leading to a renewed push toward previous all-time highs. However, traders should remain cautious, as market conditions can shift rapidly, and false breakouts are possible. Over the coming days, it’s crucial to watch Bitcoin’s ability to maintain key support levels and extend its bullish momentum. Given the crypto market’s inherent volatility, a confirmed trend reversal could unlock substantial price swings, ultimately defining Bitcoin’s trajectory for the near and medium-term. Whether this marks the beginning of a crucial rally or a temporary bullish phase, the market’s response to this signal will be important in determining Bitcoin’s next move. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Bitcoin (BTC) Is Undergoing a Trend Shift On 3-Day Chart appeared first on Times Tabloid . Bitcoin.com