Should you worry about a 40% drop in Toncoin’s price per year?

Since September 2024, Toncoin (TON) has fallen by more than 40%, down 62.5% from its all-time high of $8.25 last June, with an average daily decline of 0.7%, an average weekly decline of 1.1%, a 2.4% biweekly decline of 7.8%. Despite the bearish trend, CoinCodex analysts predict that TON may rebound to $17.39 by November 21, a 460.9% increase, which may be driven by the expected Fed rate cut and an overall reversal in the cryptocurrency market.