Toncoin (TON), the native token of The Open Network (TON), is currently navigating a phase of price consolidation.
In this article, we will look at Toncoin next target by looking at price chart and technicals.
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Toncoin Next Target
- Current Price: $2.80
- 24h Price Change: +2.84%
- 24h Range: $2.75 – $2.91
- Market Cap: $7.43 bn
- 24h Trading Volume: $145mn
Price is in a Downtrend, although there are signs of potential trend reversal: breakout from Channel Down followed by a Higher High and Higher Low.
Price got rejected at $4.00 resistance and pulled back to $3.00 support, which held up, making a Higher Low. Momentum is inflecting bullish again (MACD Histogram rising) and price could rebound back to $4.00 for +30% gain. Stop Loss at 2.80.
Recently, price bounced up following news of Founder being released from French custody.
📈 Key Technical Indicators
- Relative Strength Index (RSI): ~50 (neutral zone)
- MACD: Flat, with no clear bullish or bearish crossover
- Support Level: $1.15
- Resistance Level: $1.21
- Current Trend: Sideways with low volatility
📰 Latest Toncoin News & Developments
- 📉 Sideways Action
TON continues to trade in a narrow band, with investors cautiously watching for signs of breakout or breakdown. The lack of major catalysts is keeping volatility low. - 📊 Neutral Technicals
Most technical indicators are showing neutrality, with no significant momentum in either direction. Traders are taking a wait-and-see approach. - 🌐 Ecosystem Building
TON developers remain focused on infrastructure improvements and attracting new users to the Telegram-integrated blockchain. These fundamentals could drive value in the long term.
📌 Summary
Toncoin is currently in a period of price stagnation, with neither bulls nor bears taking clear control.
👉 Short-Term Forecast: Continued sideways movement unless disrupted by major news
📉 Risk Factor: Moderate – price action depends heavily on external market triggers and ecosystem updates
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