Skip to main content

Toncoin (TON) Market Update – Bearish or Bounce Incoming? 🚨

Toncoin is trading at $3.71, down -0.06% in the last 24 hours.

The market is in fear (44), and TON remains in a bearish consolidation phase.

Key Levels to Watch:

🔹️Support: $3.17 – If broken, TON could dip to $2.80-$3.00.

🔹️Resistance: $4.10 – A breakout above could push it toward $5.00+.

Despite negative sentiment, Toncoin’s low supply inflation (-28.04%) could create long-term upside potential.
A move past $4.10 is crucial for a bullish reversal. Until then, expect choppy price action.


Comments

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 

XRP Ready to Rise 17.65%?

XRP is showing signs of coming back after the recent crypto crash. Right now, it is trading around $2.38 . Recently, the price dropped, but now it is starting to recover, and the market is showing positive signals for a possible rise. XRP Chart (Source TradingView) On the 4-hour chart , XRP is trading just below the EMA 50 , which is an important moving average that shows short-term trends. The $2.29 level is acting as strong support, keeping the price from falling further. On the upside, the $2.50 level is a key resistance. If XRP breaks above $2.50, it could continue to rise toward $2.71 , which is about 17.65% higher than its current price. Looking at RSI (Relative Strength Index) on the 4-hour chart, it has started to rise after being in the oversold zone. This shows that selling pressure is reducing and buyers are slowly stepping in. A rising RSI is a good sign that momentum is turning positive. The MACD indicator is also about to give a positive signal. When this happens, i...