Toncoin Price Surges Amid Technological AdvancementsToncoin ( CRYPTOCAP:TON ), a cryptocurrency with over 700,000 subscribers, has seen a significant price increase in the past year due to technological advancements and major investments. Pantera Capital's $250M investment in Toncoin ( CRYPTOCAP:TON ) is their largest to date, indicating strong confidence in its future. Additionally, Captain Altcoin reported a $700,000 airdrop for gaming token and NFT traders within the TON ecosystem.
Toncoin ( CRYPTOCAP:TON ) benefits from its association with Telegram's infrastructure, which enables a decentralized internet and enhances crypto communications. The strategic use of Telegram APIs strengthens its utility and market position. Trading analysis by 99 Bitcoins indicates that Toncoin hit a value of $6.40, catalyzed by institutional investments. It currently exhibits a symmetrical triangle pattern in its trading charts, suggesting possible future price movements with established support levels at $4.50 and $4.70 and resistance at $7.11.
Petar, a crypto expert and Chief Business Officer at Captain Altcoin, suggests an optimistic surge past or to the $10 level, surpassing its all-time high of $7.65 achieved a month ago. However, Toncoin's rapid ascent has led to its classification as overbought in weekly RSI indicators, suggesting potential volatility ahead.
Long-term prospects and strategic considerations suggest that Toncoin could potentially reach a market cap of $100 billion, placing it among the top ten cryptocurrencies. The absence of Toncoin ( CRYPTOCAP:TON ) from major exchanges like Coinbase and Binance represents a notable gap that could further elevate its market standing and investor interest.
In conclusion, Toncoin's trajectory in the crypto market is marked by investment interest and promising technological integration. With strategic market positions and investor enthusiasm, it appears set for further growth, though market indicators advise caution due to potential volatility.
TON
#TON/USDT#TON
The price is moving in a bearish channel on a 4-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $5.40.
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI that was broken to support the rise
Entry price is 5.60
First goal 6.03
The second goal is 6.70
Third goal 7.28
SasanSeifi 💁♂ TONCOIN -$10 /$14 ❗❓🤔Hey there,✌
Toncoin ( KUCOIN:TONUSDT ) has demonstrated a remarkable upward trend, surging over 250% after breaking through the $2.50 resistance zone. While the price has encountered resistance at the $7.50 level and is currently trading around $6.00, key support levels at $5.00 and $4.00 could present attractive entry points for long-term investors in the event of a price correction.
From a long-term perspective, TON has the potential to continue its upward trajectory, aiming for the $10.00 and $14.00 resistance zones. However, it is essential to observe how the price reacts to these support levels during any potential correction to understand the continuation of the price trend better.
Remember, this analysis is based on technical indicators and price movements and should not be considered financial advice. Conduct thorough research and due diligence before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
🔥The Low Cap Altcoins in TON Ecosystem❗️Still at the BOTTOM🚀 🔥 TONCOIN continue to grow, but altcoins in that ecosystem are still at the bottom. In this video I share with you the most underrated altcoins from TON ecosytem. Remember about Money and Risk management! Enjoy!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
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Toncoin TON is trying to win the "hearts of the Internet" againIn fact, the history of TON has been going on for a long time: since 2021, or maybe even 2020.
I remember for sure that only the "chosen ones" could buy TON through "super murky" schemes and for large sums. It was like an Internet Masonic lodge being formed then)
If you are very interested, you can read more, the Internet remembers everything)
But in short, in the fall of 2021, the TONUSD price reached $4.50-5
And then, the end of the bull market phase + a bunch of sanctions and bans for TON, officially called by "anonymity," but few people know what really happened - the TONUSDT price collapsed.
TON bought back their own Toncoins from investors at a discount of -50-70% , and the amounts were worth millions - it was a great business.
2.5 years later, TON is trying to expand the market by v2.0. Now the price is reaching previous highs. We think there is a chance to grow to $5.
There are ongoing trading contests that support the TON price.
Perhaps even the TONUSDT price will rise to $6.70-7 and break into the top 10 crypto projects with its capitalization.
Do you believe in it?
TON looks bearishAfter wave E, which was the last wave of the triangle, the price has entered a bullish diametric.
Now it seems to be in the last wave of this diametric. The last wave of this diametric is the g wave. From the supply range, we expect rejection towards the green box.
The targets are listed on the chart
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Toncoin Set to be Listed on Hashkey, is $TON Price Set to Rally?Toncoin ( LSE:TON ) will be listed on HashKey Exchange, a licensed virtual asset exchange in Hong Kong, starting on May 9. The listing schedule includes deposits and withdrawals, with the trading pair TON/USD available only to professional traders. The partnership between TON Foundation and HashKey Group extends beyond listing arrangements, as both entities explore investment opportunities within the TON ecosystem. The partnership aims to create a more seamless and user-friendly environment for cryptocurrency enthusiasts, fostering broader adoption and engagement.
Currently, market data shows a positive trend for Toncoin ( LSE:TON ), with a price of $5.85 and a 24-hour trading volume of $218.6 Million. Despite a slight price decline of -4.26% in the last 24 hours, Toncoin ( LSE:TON ) has experienced an 18.42% price increase over the past 7 days. With a circulating supply of 3.5 billion LSE:TON and a market cap of $19.6 billion, Toncoin ( LSE:TON ) is a significant player in the cryptocurrency market.
Toncoin TON Intraday Trade SetupToncoin is following yesterday's CRYPTOLEAN forecast.
A bullish move from its current price location or after a re-test of $5.77 is very likely towards $6.37 and, possibly, higher to $7.00.
A dip to below $5.77 will lead to a choopy, sideways price action.
Find more in the signature.
Ton : brother of ETH📊Analysis by AhmadArz:
🔍Entry: 4.926
🛑Stop Loss: 4.578
🎯Take Profit: 5.271 - 5.587 - 5.90
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TON UPDATE (12H)From the specified supply in the previous analysis, there was a good drop.
The white line corresponds to the price movement in the previous analysis and the gray line corresponds to the movement of this analysis
We have updated the support range.
Now the price is near an important support area.
By maintaining the green range, it can move towards the TPs. When TON reaches TP 1, place stop on entry and save some profit.
Closing a daily candle below the invalidation level will violate the analysis.
Telegram Set to Tokenize and Stickers Emojis on TON BlockchainTelegram has announced its intention to tokenize its emojis and stickers using the TON blockchain, a move that is expected to enhance user engagement and monetization opportunities. The move is part of a broader strategy to create an interactive and financially inclusive platform that allows users to develop applications, tools, and businesses within the Telegram ecosystem.
The tokenization of the user namespace on the TON blockchain has already generated $350 million in sales, and Telegram is now looking to expand this model with the tokenization of its digital assets. Users will be able to possess, trade, and monetize their digital stickers and emojis on the TON blockchain.
In addition to tokenization, Telegram plans to change its revenue model with content creators by introducing an Ad Network that will share ad revenue generated from advertisements on broadcast channels with the channel owners in the proportion of 50%. This approach makes Telegram one of the social media platforms with the most liberal revenue-sharing arrangements.
Telegram's adoption of TON's blockchain technology is expected to lead to radical changes in conducting digital advertising, allowing the bypass of in-app purchase systems through which major app stores exert control.
To further enhance its blockchain functionality, Telegram has integrated the Tether ( CRYPTOCAP:USDT ) stablecoin and launched a gold-pegged stablecoin, Tether Gold ( SEED_DONKEYDAN_MARKET_CAP:XAUT ), on the TON network. This integration will provide users and merchants with a more flexible way of transacting within the application.
Moreover, Telegram has expanded its payment options by integrating more than 40 payment providers, including Stripe, to diversify available payment methods and enhance the platform's ability to facilitate commerce. This expansion will provide a robust infrastructure for users to buy and sell goods and services globally.
In summary, Telegram's adoption of TON's blockchain technology and the tokenization of its digital assets are expected to create an interactive and financially inclusive platform that allows users to engage in commerce and content creation within the Telegram ecosystem. The integration of stablecoins and payment solutions will provide users with more flexible transaction options, further enhancing the platform's functionality.
Technical Outlook
Despite the recent development, The Open Network Token ( CRYPTOCAP:TON ) is trading below the 200, 100 & 50- Day Moving Averages respectively indicating the bears are on the verge of taking over. Further accentuating the bearish momentum is the Relative Strength Index (RSI) which seats at 43.
However, the daily candle stick indicates a "Hammerhead" pattern indicating continuation of the bullish trend in the short term.
TON goes to $10 ??? crucial area to hold !!!!Hey SSE community ,
As you have had many requests to chart the TON, today I will chart it for you
#TON has started a strong upward trend in the last two months and after each new high, it makes a trading box and after the box breaks, it goes to new high, which is expected to be the new high of $10 if the current box breaks.
Important support of TonCoin is the area of $5.8, which is both the bottom of the trading range and the upward trend line. If this support is lost, the 4.7 and 3.5 areas are demand zones for enter to the trade.
TON is in PLAY - trade VAL Sl hunt and 2nd Dev fake outTON is in PLAY - trade VAL Sl hunt and 2nd Dev fake out
During such period Coin pumps until the trend breaks
i think it can hit even $10 but for us, it is important to know where to take a trade
For long - best to take After VAL sl hunt
For short
Wait for VWAP 2nd deviation and big volume spike
Final Resistance LevelPreviously, we discussed that orange zones would act as resistance levels and green zones as support levels. After reaching the first resistance level, the price encountered a correction phase and then settled at the targeted support level. Subsequently, following a period of fluctuation in that area, the price managed to break through the red resistance level, and we proceeded to establish new resistance levels.
Continuing the process, the price consistently reached its first and second targets, and after breaking the second resistance level, a pullback was observed on the daily timeframe. With the emergence of a new bullish pattern, the price resumed its upward trend. It is now expected that the price will reach its next target.
It is important to note that the final resistance level is crucial, and for the continuation of growth, it is essential that the price stabilizes above this level. Additionally, it should be noted that if strong correction patterns are observed at the final resistance level, the price may enter a correction phase.