Toncoin (TON) Price Prediction: Is $7.00 Within Reach as the Ecosystem Expands?

Toncoin's recent price action has been marked by substantial gains. Over the past 30 days, the cryptocurrency has rallied 73.95% from its lows

Toncoin (TON) is currently trading at $4.16, showing resilience after a steady upward movement. The price is approaching the first resistance at $4.28, where rejection could lead to a short-term pullback. However, a successful breakout above this level may open the doors to higher resistance at $4.63, with the final key barrier at $7.20, a level last seen during previous strong bullish runs. The Bollinger Bands indicate expanding volatility, with the price near the upper band, signaling strong bullish momentum.

On the downside, immediate support rests at $3.63, where buyers may step in if the price dips. A deeper correction could see TONUSD testing the $2.98 level, an area that previously acted as a demand zone. If bearish sentiment strengthens, the ultimate support lies at $2.36, which could become a critical inflection point for future movement.

If TONUSD remains above the mid-Bollinger Band, bullish dominance may persist, but any close below $3.63 could shift momentum in favor of sellers. Market participants should watch for confirmations before making decisive moves.

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Toncoin’s recent price action has been marked by substantial gains. Over the past 30 days, the cryptocurrency has rallied 73.95% from its lows, while the 7-day rebound stands at 17.47%. Although Toncoin has pulled back slightly from its recent highs, it remains up 2.11% over the past 30 days.

TON Key Statistics

Toncoin is currently trading at $4.10.

The cryptocurrency has risen more than 73% over the past 30 days.

The next resistance level for Toncoin is at $4.28, and a breach of this level may propel the cryptocurrency to $4.63.

Toncoin has pulled back from recent highs but remains in a strong uptrend.

What is Next for Toncoin

Toncoin's price has pulled back from recent highs but remains in a strong uptrend. The cryptocurrency is trading above the mid-Bollinger Band, which indicates that bullish momentum is still dominant.

However, if the price closes below the immediate support level of $3.63, it could open the door for a deeper correction. The next support level is at $2.98, which is a previous demand zone.

If the bearish pressure increases, the ultimate support level for Toncoin is at $2.36. This level could be a turning point for the cryptocurrency, as it has seen strong support and rejection at this price point in the past.

Overall, Toncoin is still in a bull market, but the momentum has slowed in recent days. If the buyers can regain control and push the price above the next resistance level at $4.28, then it could open the door for a move to the final key resistance level at $7.20. However, if the sellers regain control and push the price below the immediate support level of $3.63, then it could shift the momentum back in favor of the bears.

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Toncoin (TON) is currently trading at $4.16, showing resilience after a steady upward movement. The price is approaching the first resistance at $4.28, where rejection could lead to a short-term pullback. However, a successful breakout above this level may open the doors to higher resistance at $4.63, with the final key barrier at $7.20, a level last seen during previous strong bullish runs. The Bollinger Bands indicate expanding volatility, with the price near the upper band, signaling strong bullish momentum.

On the downside, immediate support rests at $3.63, where buyers may step in if the price dips. A deeper correction could see TONUSD testing the $2.98 level, an area that previously acted as a demand zone. If bearish sentiment strengthens, the ultimate support lies at $2.36, which could become a critical inflection point for future movement.

If TONUSD remains above the mid-Bollinger Band, bullish dominance may persist, but any close below $3.63 could shift momentum in favor of sellers. Market participants should watch for confirmations before making decisive moves.

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Toncoin's recent price action has been marked by substantial gains. Over the past 30 days, the cryptocurrency