Toncoin is at a critical juncture as it tests the $1 range, a key level that has anchored its trading for weeks. How it reacts here could determine whether the range holds or breaks, setting the stage for either a bullish flip or an accelerated drop. With strong fundamentals in play but the chart still in control, traders are watching closely for the decisive signal. Range Flip Or Breakdown: What BTC Pair Tells Us About Toncoin Charting the TON/BTC and TON/USDT daily pairs, analyst Umair Crypto points out that Toncoin is at a critical juncture. On the BTC pair, the RSI has broken above its trendline, signaling early bullish momentum. However, the 200 SMA on this pair remains the key level to watch, as it will determine whether the $1 support on the USDT pair holds or if the range flips higher. Related Reading: Toncoin, Quant Seeing Whale Activity Explosion, Big Move Ahead? The BTC pair has been consolidating within a range for 166 days, and the recent RSI trendline breakout above 50 hints that bullish pressure is building. Meanwhile, on the USDT pair, price is attempting to recover the 50 SMA, showing early signs of strength, though confirmation is still needed. From here, two scenarios are possible. If the BTC pair closes convincingly above the 200 SMA, it would likely trigger a range flip on Toncoin’s USDT pair to the upside. Conversely, if the BTC pair gets rejected at the 200 SMA, the range may break down, putting Toncoin at risk of forming a lower low below $1. Such a breakdown would shift the market structure into bearish territory and could accelerate selling pressure, making $1 a crucial level to watch. $1 Support: More Than Just A Psychological Level The analyst stressed that the $1 level is far more than a psychological benchmark; it is a critical structural support that anchors the entire TON/USDT range. If this level fails, the decline could accelerate sharply, making it a key inflection point for traders and investors alike. Holding above $1 is essential to maintain the current range and prevent a potential breakdown that could trigger further selling pressure. Even with strong fundamental catalysts, the market has remained largely unresponsive. AlphaTON Capital Corp recently launched a $100 million treasury strategy, while TON Wallet officially expanded into the US market, both moves signaling growing institutional adoption. Related Reading: Lucky Train Launches TON-Based Web3 Project With Staking-Like Participation Model At this critical juncture, the BTC pair’s 200 SMA is shaping up as the ultimate deciding factor. A decisive close above this level could reinforce $1 as strong support and pave the way for a bullish range flip. Conversely, rejection at the 200 SMA could tip the market into bearish territory, signaling that structural weakness now overrides fundamental optimism. Featured image from Adobe Stock, chart from Tradingview.com
AlphaTON is growing into a large early infrastructure contributor to Cocoon AI as it deploys GPUs under a $46M compute investment.
Toncoin (TON) has been quietly building strength, defending the $2.80–$2.95 support zone with remarkable consistency. After weeks of consolidation, the recent break above a falling trendline has caught traders’ attention, hinting at a possible shift in momentum. As TON coils just above this key structure, the stage may be set for a breakout — one that could ignite fresh upside if bullish pressure continues to build. Buyers Defend Key Levels On The Chart In a recent post on X, Alts King pointed out that TON is showing notable strength as it continues to hold above the $2.80–$2.95 support zone. This range has acted as a reliable floor for several weeks, with buyers consistently stepping in to defend it. Related Reading: TON Bullish Pattern Signals Breakout Ahead — 40% Rally Loading? Furthermore, Alts King further observed that a falling trendline, which has long constrained TON’s price action, has now been broken. This technical breakout could mark the early stages of a trend reversal, opening the door for a more sustained bullish move. Looking forward, Alts King believes that if the support zone continues to hold firm, TON may be setting up for a potential rally toward the $6.87 level. To validate this bullish thesis, Alts King recommends watching for the formation of higher highs and higher lows on shorter timeframes. These structural patterns are key indicators of healthy upward movement and would confirm growing confidence among market participants as TON tries to shift out of its consolidation phase. Resistance Zones That May Test TON Momentum To $6.87 As TON begins to show signs of renewed strength, its path toward the $6.87 target isn’t without resistance. One of the first major hurdles lies around $3.04, a support level turned into resistance during the last sell-off. Price action near this range has already shown hesitation in the past, making it a critical level for bulls to reclaim convincingly. Related Reading: Toncoin Open Interest Spikes 33%—Will History Repeat With A Pullback? Above that, the $4.54 level could serve as the next challenge. This zone aligns with prior swing highs and consolidations seen on the daily chart, where TON was previously rejected before resuming downward movement. Breaking through this level would require strong volume and confirmation, especially as traders may look to take profits from lower entries near the $2.80 support base. Finally, before TON can reach the anticipated $6.87 resistance, it must clear the psychological barrier around $6.00, which also coincides with a rounded top structure observed during a prior rally. This level may attract selling pressure from short-term traders aiming to lock in gains. However, only with sustained bullish momentum and the formation of higher highs can TON overcome these layers of resistance and build a real case for a breakout beyond $6.87. Featured image from Adobe Stock, chart from Tradingview.com
Toncoin (TON) is starting to make waves again, showing signs of renewed strength after successfully breaking out of a long-standing descending channel on the daily chart. This breakout marks a pivotal moment for the token, potentially signaling the end of the recent downtrend and hinting at the early stages of a fresh uptrend. As the crypto market shows signs of renewed vigor, Toncoin appears to be positioning itself as one of the standout performers of this emerging cycle. Whether this breakout marks the beginning of a sustained uptrend or faces temporary headwinds will depend on both technical follow-through and broader market sentiment. A Potential Uptrend In The Making According to Profit Demon in a recent post on X, Toncoin is demonstrating significant strength by staying above the descending channel on its daily chart. This technical formation is crucial as it signals a shift in market dynamics after a period of weakness and decline. Related Reading: Toncoin Takes A Hit With 12% Correction After Failing To Break $4.34, More Pain? Profit Demon noted that TON had previously faced a sharp correction. However, the latest price action indicates a recovery, with Toncoin finding solid support at a key level. This level now serves as a critical foundation, offering the potential for a new upward move. He further emphasized that if the bullish momentum continues to grow, TON could target several key resistance levels. With the current market sentiment favoring a recovery, Toncoin’s price may rise toward the $4.10 level. A successful breakout above this mark would solidify the bullish trend, propelling it to the $4.90 and $5.60 marks. Can Toncoin Sustain Current Trends and Trigger A Rally? For TON to sustain its rally, the Relative Strength Index (RSI) plays a key role. The RSI should stay within the optimal range of 40 to 70, avoiding overbought conditions above 70. If the RSI remains above 50 and outside overbought territory, Toncoin will have room for further appreciation. A breakout above key resistance levels while keeping the RSI in this range would strengthen the bullish case. Related Reading: Is Toncoin Set for a Comeback? Key Market Signals Point to a Possible Rebound The Moving Average Convergence Divergence (MACD) is another critical indicator to monitor. Currently, the MACD has shown signs of bullish divergence, suggesting that momentum is shifting in favor of the bulls. For the rally to continue, the MACD line should remain above the signal line, confirming that buying pressure outweighs selling pressure. Lastly, volume analysis is essential in confirming the strength of the price movement. A rally supported by increasing volume signals that the trend is backed by real demand and a temporary spike. To sustain an upward movement, trading volume must rise as TON breaks through resistance levels. Higher volume indicates genuine interest from traders, which strengthens the trend, while lower volume may suggest a lack of conviction, limiting the rally’s longevity. Featured image from Medium, chart from Tradingview.com
Toncoin rally has hit a roadblock, with the price slipping 12% after failing to breach the key $4.34 resistance level. The strong upward momentum that previously fueled TON’s gains lost steam as sellers aggressively defended this price zone, triggering a wave of profit-taking and increased bearish pressure. With momentum cooling off, market participants are now watching key support levels to see if bulls can regain control. A decisive hold above crucial zones could set the stage for another breakout attempt, while continued weakness might expose Toncoin to further downside. 12% Correction: Understanding The Price Drop Toncoin’s recent 12% correction following its failure to break through the $4.34 resistance level has raised concerns among traders and investors. To understand this price drop, it’s essential to examine the factors at play. A correction of this magnitude typically reflects a shift in market sentiment, often driven by profit-taking, a rejection at key resistance levels, or an overall weakening of bullish momentum. Related Reading: Toncoin (TON) Investors Sitting On 54% Profit Despite Price Plunge After a failed breakout attempt at $4.34, the market faced a pullback, where the price retreated as sellers gained control. This is a natural response in the market when an asset struggles to sustain momentum after reaching a significant barrier. The 12% drop suggests that some traders may have begun to lock in profits after the recent rally, while others opted to exit positions as the price failed to move higher. Additionally, broader market conditions and technical indicators have likely contributed to Toncoin’s recent 12% correction. In tandem with this, the Moving Average Convergence Divergence (MACD) indicator has shifted into a bearish crossover. The MACD’s bearish signal, coupled with the fading market sentiment, suggests that bullish pressure is weakening, which likely fueled the selling activity. Such a correction is not unusual in volatile markets like cryptocurrency and is often viewed as a natural market reset. However, it signals a loss of immediate bullish momentum, with the price now testing the $2.36 support level. This level should be closely monitored as it will determine whether Toncoin can stabilize or if a further downside is likely. What’s Next For Toncoin? Potential Scenarios Post-Correction After Toncoin’s 12% correction, the key question is what lies ahead for the cryptocurrency. The price has faced a strong rejection at the $4.34 resistance level, and now, as it approaches critical support levels, several scenarios could unfold. Related Reading: Key Metrics Indicate Toncoin Accumulation Continues Despite Price Struggle If Toncoin holds its ground before or at the $2.36 support level, it could signal a potential rebound, with the price stabilizing and setting up for another push toward the $4.34 resistance. On the other hand, if the $2.36 support fails to hold, Toncoin could face a further downside, resulting in the creation of new lows. In this scenario, the market sentiment would need to shift, and Toncoin would have to demonstrate resilience to regain upward momentum. Featured image from Adobe Stock, chart from Tradingview.com
Toncoin (TON) has been steadily climbing since facing a rebound at $2.36, reinforcing a bullish outlook and reflecting increasing investor confidence. Unlike volatile price swings seen in other assets, TON’s consistent rise signals strong underlying demand and market stability. The cryptocurrency has successfully held key support levels, preventing major pullbacks and allowing buyers to take control of the trend. With momentum building, market participants are closely monitoring resistance levels that could determine the next phase of TON’s price action. Should buying pressure continue to increase, the cryptocurrency could be poised for further gains, potentially testing higher resistance zones. Can Toncoin Sustain Its Renewed Upswing? Toncoin recent price resurgence has strengthened bullish sentiment, but the sustainability of this uptrend remains a critical focus. The cryptocurrency has managed to establish solid footing above the $2.36 key support level. However, maintaining this momentum will depend on several technical and market factors. Related Reading: TON Price Jumps 20% Following Positive News On Telegram Founder The cryptocurrency is currently maintaining its upward momentum as it approaches the $4.34 resistance level and the 100-day Simple Moving Average (SMA). This steady climb indicates growing bullish strength, with buyers continuing to push the price higher despite potential resistance. A decisive breakout above the $4.34 resistance level could strengthen the ongoing uptrend, setting the stage for Toncoin toward the $6.13 resistance mark. If buying momentum remains strong and the price clears this key level, it could open the door for a potential test of its all-time high of $7.29. Technical indicators such as the MACD suggest that momentum remains in favor of the bulls, but increasing resistance pressure might lead to volatility. Sustained buying pressure will confirm the uptrend and push the price beyond these critical technical barriers. Volume analysis further reinforces Toncoin’s upward momentum, with trading volume increasing by over 10%, indicating strong market participation. Should volume continue to rise alongside price movement, it could validate the strength of the uptrend and enhance the likelihood of further gains. Potential Downside Risk If Toncoin faces rejection at a key resistance level, monitoring critical support zones will be essential to assess the strength of its uptrend. The first major support level to watch is around $2.36, where buyers previously showed interest. A dip to this level is likely to attract fresh demand and stabilize the price. Related Reading: Toncoin Gears Up For A Fresh Rally With Bullish Momentum Building A breakdown below this level could indicate a shift in momentum, accelerating selling pressure and leading to a deeper decline. If buyers fail to defend critical support zones, the price may struggle to recover, increasing the risk of establishing new lows. Featured image from LinkedIn, chart from Tradingview.com
The TON price has reclaimed the $3 mark with an over 20% spurt on Saturday, March 15. This price spike was triggered by the news of a French court approving the departure of Telegram founder Pavel Durov from France. Telegram Founder Reportedly Cleared To Leave France According to a report on Saturday, Durov was granted permission by a French court to depart the country, where he faces several charges of enabling organized crime. One of AFP’s sources said that the Telegram founder had been authorized to leave France for “several weeks.” Durov’s legal troubles began on August 24, 2024, after he was detained at the Le Bourget airport in Paris. A few days later, France’s Prosecutor’s Office brought several charges against the Telegram founder centered around running a messaging platform that allegedly enabled illegal activities. Related Reading: Stablecoins Supply Up By $20 Billion – The Key To Bitcoin’s Next Move? On August 28, Durov was released on a $6 million bail, albeit with restrictions on his movement and travels. The French prosecutors demanded that the Telegram founder remain in the country until the conclusion of their investigation. While the current condition of Durov’s case remains unclear, a source close to the case stated the Telegram founder was allowed to leave France temporarily after the investigating judge approved his request to modify the conditions of his supervision. “A third source said Durov had departed for Dubai,” AFP reported. Durov’s arrest led to an uproar within the crypto community at the time, as experts assessed the implications of such a move on the future of technology and encryption. Moreover, it marked another incident in the worrying trend of holding founders and developers accountable for the use of their platforms. It is worth mentioning that, as of press time, there has been no official word from Telegram and Durov confirming the report. TON Price Up 20% Following the report of Durov’s departure from France, TON (native cryptocurrency of The Open Network) reacted with a more than 20% price spike. As with the general crypto market, the altcoin has struggled to build any momentum in the past few months. After reaching the local high of $6 in early December, the TON price has since been on a steady decline. On Tuesday, March 11, the cryptocurrency dropped beneath the $2.5 mark for the first time in over a year. As of this writing, the TON price stands at around $3.4, reflecting an almost 18% surge in the past 24 hours. According to CoinGecko, the token’s performance has improved to a positive 17% gain in the past seven days. Related Reading: Ethereum Consolidates Since ‘The Big Dump’ – Local Trend Reversal Or Continuation? Featured image from Unsplash, chart from TradingView
The cryptocurrency market was in a somewhat uncertain phase over the past week following the inauguration of Donald Trump as President of the United States. This uncertainty is demonstrated by the diverse performance of various assets in the market. The Toncoin price, for instance, experienced an almost 9% price decline in the last seven days, giving emphasis to the bearish half of the market. According to the latest on-chain data, the cryptocurrency might be preparing for a price rebound after its recent struggles. Is It Time To Buy Toncoin? In a Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Maartunn shared their latest on-chain observations and how it could offer into TON’s price trajectory. The relevant metric here is the Normalized Risk metric (NRM), which evaluates the price risk of an asset compared to its historical price data. Related Reading: XRP Consolidates Near Key Levels: The Implications Of A Breakout This on-chain indicator can be used to determine whether a cryptocurrency (Toncoin, in this case) is in a favorable or unfavorable risk position. Typically, the value for the Normalized Risk metric ranges from 0 to 1, with values closer to 0 signaling lower risk while values closer to 1 signaling higher risk. As observed in the highlighted chart, the Normalized Risk’s value is currently closer to zero, implying that the TON price is approaching the low-risk territory. Historically, low values of this metric have been correlated with local price bottoms for Toncoin. For example, the price of TON slumped to around $5.3 before climbing to $6.8 in August 2024 while the Normalized Risk metric was well beneath 0.1 at the time. Similarly — about a month later, the altcoin’s price jumped to $5.9 after sliding down to $4.6 while the Normalized Risk indicator was around 0.1. Nevertheless, Maartunn noted that it may take some time for this indicator to “fully bottom out and reach its lowest risk level.” Nevertheless, recent on-chain data suggests that the Normalized Risk metric is nearing a key turning point, implying a strong rebound might be on the cards for the TON price. TON Price Overview As of this writing, the price of Toncoin stands at around $5.08, reflecting a mere 0.7% increase in the past 24 hours. This sluggish single-day action underscores the uncertainty in the market — and to be frank, Toncoin’s struggles over the past few weeks. Related Reading: Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher? The TON price has been unimpressive on broader timeframes, failing to successfully break above the $6 mark in the past month. According to data from CoinGecko, the altcoin’s value has declined by nearly 15% in the past month. Featured image from Unsplash, chart from TradingView
Toncoin (TON) has undoubtedly been one of the best performers in the cryptocurrency market in 2024, enjoying a meteoric rise in the first half of the year. However, the altcoin has struggled to keep up the pace just as the other large-cap assets in recent months. In its latest downturn, the Toncoin price lost its hold above the psychological $5 level for the first time in over a month on Friday, October 25. However, a popular analyst on X has predicted that the cryptocurrency may not stay beneath this level for long. Analyst Sounds Buy Alarm For TON — Here’s Why In a recent post on X, prominent crypto analyst Ali Martinez shared that the price of TON might be gearing for a rebound more quickly than anticipated. This positive projection came after the altcoin succumbed to intense bearish pressure to fall below $5. Related Reading: Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means According to Martinez, the “Tom Demark” (TD) Sequential has sounded a buy alarm for the Toncoin price on its 12-hour chart. The TD Sequential, an indicator used in technical analysis, can help traders identify potential points and times of trend exhaustion and price reversal. The TD Sequential is made up of two major phases known as the TD Setup phase and the TD Countdown phase. As shown in the chart below, the price of TON on the 12-hour timeframe appears to have completed the TD Setup phase. The Setup phase comprises nine candles of the same polarity (bearish or bullish). In a bullish Setup phase, the starting number “1” is plotted on a candle that closes higher than the close of the candle four periods prior. A bearish Setup phase, on the other hand, is marked by the starting number “1” on a candle that closes lower than the close of the candle four periods before. A possible point of price reversal can be identified when the TD Sequential plots figure “9” on the top or bottom of a candle in a bullish or bearish trend. As seen in the Toncoin 12-hour chart, the figure “9” appeared on the last bearish candlestick, meaning that altcoin might be gearing up for a rebound. If this projection does hold, investors could see the TON price return to $5 as soon as possible. Toncoin Price At A Glance As of this writing, the price of Toncoin stands at around $4.74, reflecting a disappointing 7.4% decline in the past 24 hours. This brings the altcoin’s wobbly performance on the weekly timeframe to a 10% price fall. Related Reading: Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming? Featured image from iStock, chart from TradingView
Toncoin (TON), the cryptocurrency associated with the popular messaging app Telegram, is making headlines as its Masterchain achieves a record-breaking 946 active addresses per day. This achievement has driven a nearly 9% increase in Toncoin’s value, standing out in contrast to the broader market’s downward trend. Maartunn, an analyst at CryptoQuant Research, claims that since July 2021, the TON Masterchain’s active address count has skyrocketed more than sevenfold. This notable uptick points to growing blockchain adoption, which drives more transactions and general network activity. User Activity Boosts Toncoin Demand The rise in active addresses highlights how continuously the TON ecosystem is building. Expanding the network allows for more diverse distributed apps (dApps) and work chains, which shows healthy blockchain development. Related Reading: Toncoin Rally Thwarted As TON Slips To $6, Can Bulls Prevent A Bearish Breakdown? Due to extensive inflow, the demand for TON coins has increased. More network activity affects the general economic condition of the TON blockchain, which is usually linked to a surge in token value. It’s important to note that this number reflects activity on the Master chain alone despite the seemingly modest figure of 946 daily active addresses. The TON blockchain operates with multiple sidechains, named workchains, which handle most data management. The Masterchain primarily focuses on processing messages and transactions rather than storing data. This result shows a growing interest in the TON network, as increasing user and developer involvement usually stimulates the demand for TON tokens. TON Price Outlook The price of Toncoin (TON) is down 2.8% at the time of writing, trading at $6.67. Since the price drop, the trading volume has also dropped by 23% to about $227 million. Toncoin is the 8th largest cryptocurrency, with a market cap of $16.8 billion. Analysts pay close attention to the $7 level for Toncoin, a key support level. If Toncoin goes above this mark, it might keep bullish momentum. Examining the TON spike of 26% over the next two weeks can predict its yearly surge of more than 400%. However, if the price falls below $6.43, it could decrease, testing support around $6.04. According to IntoThe Block analytics, the TON network has surpassed 39.5 million addresses. This milestone highlights its growing popularity and strong network, attracting institutional and retail investors. Related Reading: Toncoin Rally Above 4-Hour 100-Day SMA Puts TON On The Path To $7.6 The derivatives market in TON is not trending positively. Futures traders are looking for short bets. Coinglass data shows the coin’s funding rate has been mostly negative across exchanges this month. In the last 24 hours, the price of TON rotated from $6.74 to $6.93. Although the market is still cautious, buyers are watching for signs that it might be starting to an upward trend. Featured image from ideogram, chart from TradingView.com
Growth in its DeFi ecosystem and the upcoming Binance Launchpool addition have put wind in Toncoin’s sails.