• TKO rose 100% due to the report that Binance recycled Tokocrypto

• Cryptocurrency has dropped by 28% since it set a local record at a price of US $0.57

• Tseung Kwan O can be adjusted to US $0.34

Toko (TKO/USD) tokens have attracted customers. With a 100% surge, buying Tseung Kwan O may not help. But when an appropriate moment comes, you can deduct tokens, which should benefit from being proactiveCryptocurrency News Report.

When TKO rose, it was reported that Binance had recycled Tokocrypto, an Indonesian data encryption exchange. We all know that Binance is the world's largest data encryption exchange. As a result, all acquisition methods are likely to produce a cheerful attitude. The local token TKO took action on this news, which rose to 0.57 US dollars from 0.283 US dollars.

Binance is particularly interested in Tokocrypto because he is under local control. This is the first entity line registered with the Indonesian Commodity Futures Trading Regulatory Authority. Since 2020, Binance has been investing in the Indian Exchange project.

However, the substantial increase in Tseung Kwan O is likely to be unsustainable, at least at this stage. As of the time when the news reporter published the article, the trading price of TKO was US $0.42, which was 28% lower than that of the local government. The trading volume also decreased significantly, increasing only 2.99%. However, for an investor who supervises Tokocrypto's active and sustainable development with Binance, TKO should still be on the waiting list.

TKO has been corrected, but no application has been found

TKO/USDT Data Chart by TradeView

On the technical level, TKO rose, but suffered adjustment. In terms of RSI index value, reading 77 indicates that TKO is overbought and adjustment is in sight.

The support point price is US $0.34, which is a good opportunity to lower the cryptocurrency. This level is also an innovation zone opened with the increase of price.

Summarise

If the report of recycling Tokocrypto getsBinanceHowever, at this stage, investors are experiencing adjustment.

If you want to buy tokens, the level you need to consider is $0.34. In addition, we need to pay attention to the rapid development around the token, because the positive information may cause a substantial increase before reaching the support point.

Where to buy TKO

Binance

Binance is one of the world's largest cryptocurrency exchanges. It is more suitable for more experienced investors, and provides many cryptocurrencies, more than 600. Binance is also famous for its low transaction fees and various trading options from which users can profit, such as:; Equivalence trading, margin trading and spot market.

Then use Binance to purchase TKO

Wazi Astri

WazirX is the largest data encryption exchange in India. From 2018, WazirX has gradually developed into a trusted exchange in India's encryption market. This is part of the Binance Group, which is based on customers in 180 countries and regions.

Buy TKO with Wazirx today