TON's Situation: What Shall we Expect ??Now is the time for TON to grow. I don't know why, but TON reminds me of BNB in 2020 because we underestimated this coin a lot. As you know, this coin plays a key role in the Telegram messenger, which can gradually increase the value of this coin significantly.
Technically, TON is in a rising wedge, which can lead to an increase in price to the target shown in the chart after a breakout.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Toncoin
Chart Analysis: TON/USDTThe chart provides a technical analysis of the cryptocurrency pair TON/USDT on a daily timeframe. Key elements include:
Price Action : Candlestick patterns illustrate the price movement of TON/USDT over time.
Trend Lines : Two descending orange trend lines indicate a downtrend.
Support and Resistance Zones :
A grey shaded area around the price level of 4.780, indicating a support zone.
Another grey shaded area around the price level of 6.883, indicating a resistance zone.
Projected Price Movement : Blue lines suggest potential future price movements, indicating a bullish scenario where the price could rise to around 6.883 and then potentially retrace before continuing upward.
Price Levels : Key price levels are marked with green horizontal lines at 4.780, 6.134, and 6.883.
Percentage Gain : A label shows a potential gain of 2.108 (44.14%) if the price moves from the current level to the resistance zone at 6.883.
This chart is valuable for traders and investors as it provides a visual representation of potential future price movements based on historical data and technical analysis. The use of trend lines, support and resistance zones, and projected price paths helps in making informed trading decisions.
$TON large-scale trafficTON ends the accumulation phase after negative events related to Telegram and Pavel Durov. The court ruling on the Telegram case will be issued soon, which will undoubtedly have a positive impact on TON's price. The TON ecosystem continues to thrive and receive more and more projects. Creating tappable coins like NOT and others untie the hands for manipulators, as it is a transparent system for raising funds for the project, as well as a simple consensus. In the most positive scenario, I would stick to the plan as on the chart with the formation of 5 elliot waves as well as a trend change after consolidating above the 50 EMA. A number of hedge funds and market makers have also made big deals here. Get ready!
Horban Brothers!
Toncoin TON price will surprise everyone💎If you look closely at the OKX:TONUSDT chart, you can see/think that the last six months have seen a global trend reversal pattern - Head and Shoulders.
But! This pattern will be confirmed after the price of CRYPTOCAP:TON is firmly fixed below $4.50. Then the target is $2.30-2.50.
However, this is all very obvious, trite, and not interesting)
We want this idea to become prophetic and Legendary, so we hope for the beginning of a hypercycle of #Toncoin price growth with an ultimate goal of $93
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TONCOIN high potential and next targets (educational) Hello and greetings to all the crypto enthusiasts, ✌
🧨 summary: 🧨
Toncoin is gaining recognition in the crypto space, supported by a strong community and increasing adoption across platforms. Despite facing short-term challenges, its potential for explosive growth remains promising, especially if it can stabilize around key support levels. 📚💣
Toncoin is a cryptocurrency that has become increasingly well-known among active participants in the crypto space, establishing itself as a significant player in the market. It enjoys robust community support, which manifests through one of the largest and most engaged groups on social media platforms. This active community not only generates discussions around Toncoin but also plays a crucial role in its promotion and utilization. Various channels are continuously and dynamically used to advocate for the coin, making it an influential entity in the cryptocurrency ecosystem. 📚🔥
The widespread use of Toncoin across multiple platforms over the years has been instrumental in its rise to prominence. As more users and investors discover its unique features and capabilities, the adoption rate of this token is likely to increase, further enhancing its market presence. This growing awareness can lead to more substantial investment inflows, creating a positive feedback loop that fuels its growth. I firmly believe in the incredible potential of Toncoin and anticipate significant upward movement in its value in the near future. 📚✔
However, to better understand the current situation, we must analyze the technical aspects of Toncoin. The present technical chart suggests that the token is traversing a downward channel, indicating that the short-term price action may face challenges. The first key support level to watch closely is $4.50. This level is pivotal because if Toncoin cannot maintain its position above this threshold, we may see further declines in its value. Should the price break below this level, the next significant support area we would need to monitor is $2.80. This price point serves as a crucial buffer for the token’s stability and market sentiment. 📚🎇
If Toncoin does decline to the $2.80 level and fails to rebound quickly, it could lead to a prolonged bearish phase, which may discourage some investors. However, it’s important to recognize that the cryptocurrency market operates in cycles of accumulation and distribution. Often, after a price drop, savvy investors, particularly market whales and major stakeholders, look for opportunities to buy in at lower prices. This phenomenon can create a strong base for recovery, as these larger players accumulate tokens at attractive valuations. 📚💡
Once Toncoin reaches this critical support level of $2.80, we might witness a significant accumulation phase. The involvement of institutional investors and market whales can act as a catalyst for price recovery. These entities often have the resources and strategic insights to navigate the market effectively, and their participation can enhance overall market confidence in Toncoin. As these investors buy up tokens, they can create upward pressure on the price, leading to renewed interest from retail investors. 📚🙌
Historically, when cryptocurrencies experience substantial accumulation at key support levels, they often bounce back with remarkable intensity. This pattern can lead to explosive price movements, particularly when the market sentiment shifts in favor of the asset. Given Toncoin’s strong community backing, innovative use cases, and potential for real-world applications, it stands to reason that the coin could be poised for impressive growth in the coming months. 📚✨
Furthermore, the broader context of the cryptocurrency market plays a significant role in Toncoin's potential trajectory. As more investors seek diversification and exposure to emerging projects, Toncoin could benefit from the general market trends. Additionally, if other major cryptocurrencies experience positive price action, it often creates a favorable environment for altcoins like Toncoin to gain traction and attract new investors. 📚✌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
SasanSeifi| TONCOIN:Is a Further Correction Coming?Hey there, ✌
🔹In the daily timeframe, analysing the KUCOIN:TONUSDT chart, reveals that the price has been on a downward trend since the $8 level. After breaking the crucial $6 support, this downtrend extended to around $4.80. Following this decline, the price saw a nearly 50% recovery and pulled back to $6, but then faced further correction to $4.50.
🔵Currently, with the price not stabilizing below the previous LOW, it has managed to grow at least 50% from the previous correction leg. The medium-term outlook remains generally bearish. If the price fails to break significant resistance levels between $6 and $6.50 and confirm a SELL signal while completing the pullback, further price correction towards $4 and potentially $3.50 might occur.
💢However, if resistance levels are broken and stabilize, the price may rise towards the $7.50 to $8 range. In this case, further analysis will be needed to determine if the previous high will be surpassed and whether the bullish trend will continue.❗❓
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Be careful with TONCOIN !!!BINANCE:TONUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = $6 Stay tuned for more updates, thanks.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TON Blockchain Fixes Two Critical Vulnerabilities: Good for ThemThe TON blockchain has recently rolled out update v2024.10 and FunC 0.4.5, setting the stage for substantial improvements in network performance and efficiency. This strategic upgrade has reignited optimism among investors, raising questions about whether Toncoin ( CRYPTOCAP:TON ) could reach the much-anticipated $20 price target.
Critical Update to the TON Ecosystem
According to a recent GitHub release, the update v2024.10 introduces sweeping changes to the TON ecosystem. One of the most notable enhancements includes increased synchronization speed and more efficient garbage collection (GC), which is crucial for systems running on slower disk drives. This optimization is expected to reduce overall latency, making the network more robust and responsive.
The update also minimizes network traffic, decreasing the volume of data transmitted and thereby improving efficiency across the board. Furthermore, the development team has streamlined the creation of channels and Distributed Hash Table (DHT) lookups, ensuring that network responsiveness is maintained even during peak demand.
Another significant advancement comes from fixing a critical bug in FunC, the smart contract language used on the TON blockchain. The patch enhances code execution and correctness, reinforcing the network's reliability. Minor improvements to the TON Virtual Machine (TVM) have also been introduced, collectively making the ecosystem more attractive to developers and market participants.
Market Sentiment Shifts: Toncoin’s Potential Rally to $20
Despite recent bullish developments, Toncoin ( CRYPTOCAP:TON ) has been grappling with bearish pressure. At press time, the token is trading at $4.83, having experienced a 2% dip in the past 24 hours. Weekly and monthly price charts reflect a 5% and 12% decline, respectively. Yet, the market is abuzz with speculation that these advancements could set the stage for a significant rebound.
We have projected a bullish scenario, envisioning Toncoin's potential surge to $15 and potentially $20 in the long term. This optimistic outlook is backed by a steady increase in token holders and favorable market technicals. As Toncoin ( CRYPTOCAP:TON ) rides the wave of its ecosystem enhancements, investor sentiment appears to be shifting, even in the face of broader market volatility.
Technical Analysis: Key Levels to Watch
Toncoin is currently trading with a mild 1.69% uptick and an RSI (Relative Strength Index) of 41, indicating a slightly oversold condition. The token is fighting to hold its $4 support level, a critical zone that has kept further declines at bay. As it struggles to gain momentum, the next significant resistance point lies at $5.37, a level aligned with the 50-day moving average (MA).
Encouragingly, the current daily candlestick patterns suggest the formation of a "Three White Soldiers" pattern. This bullish reversal indicator, if completed, could propel Toncoin ( CRYPTOCAP:TON ) toward the $5.3 pivot. The impending formation of the third candlestick will be crucial, as it could confirm a stronger upward trend fueled by the network’s recent updates.
However, Toncoin's near-term performance remains intricately tied to Bitcoin (BTC), which has been swinging around the $70k pivot. If BTC continues to exhibit high volatility, it could influence Toncoin’s price movements, making the broader crypto market a significant factor to watch.
Key Takeaways
The fundamental advancements in the TON blockchain offer a compelling reason for investors to remain hopeful. The improvements in network efficiency, reduced latency, and enhanced code reliability have positioned the TON ecosystem as a promising platform for developers and users alike. These upgrades could act as catalysts for driving Toncoin’s price higher, especially if the bullish "Three White Soldiers" pattern materializes.
In summary, while Toncoin ( CRYPTOCAP:TON ) faces immediate resistance at the $5.37 mark, the combination of technical indicators and recent network updates could provide the momentum needed for a broader rally. Should market conditions align, Toncoin ( CRYPTOCAP:TON ) may very well aim for the ambitious $20 target, making it a token worth monitoring closely in the coming weeks.
The Open Network (TON) & TelegramThe Open Network price today is $1.6 with a 24 hour trading volume of 10 million dollar. TON price is up 11% in the last 24 hours
Toncoin is a decentralized layer1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network". The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the PoS consensus model for network scalability and reliability.
Telegram users can now buy and sell short recognizable usernames for personal accounts, public groups and channels on fragment website and using TONcoin for doing payments
If you got it at 1$ like me its time to take some profits
1.7 , 1.9 and 2.1 are next targets
TON: rally to $6 begins?While TON’s price might have fallen below $5, IntoTheBlock data shows that the token’s Coins Holding Time has increased. Within the last seven days, this metric, which measures the amount of time a cryptocurrency has been held without being sold, is up 142%
Since it increased, it indicates that Toncoin short-term holders believe that a rebound could be close.
From the technical point of view, Toncoin is witnessing a massive rise in the Money Flow.
A continued rise in buying pressure might drive Toncoin’s price up to $6.15.
However, if Toncoin short-term holders opt to sell some assets, this upward trajectory could be disrupted, potentially causing the price to slide back to $4.46.
TONUSDT: Why TONCOIN Remains Bullish and Its Next Potential MoveTONNCOIN is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = $6 Stay tuned for more updates, thanks.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TON Toncoin potential SelloffTelegram CEO Pavel Durov has been charged for failing to prevent extremist and illegal content on the messaging platform and placed under judicial supervision, according to the Paris prosecutor's office on August 28.
Durov must report to the police twice a week and is barred from leaving France, the prosecutor's office stated on X.
Parisian investigative judges have also ordered the Russian-born Telegram co-founder to post 5 million euros in bail.
Meanwhile, TON Toncoin is currently in a bearish falling wedge pattern, with a new price target of $3.9.
#TON/USDT#TON
The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 4.60.
Entry price 4.80.
First target 5.20.
Second target 5.52.
Third target 5.82.
#TON/USDTWe have an ascending channel model on the 4-hour frame, the price is moving within it and adhering to its borders well and heading to break it down.
We have a resistance area in green at a price of 5.90 if the price touches it and rebounds from it.
We have a trend to touch the moving average of 100.
We have an upward trend on the RSI indicator that supports further decline.
Entry price 5.65.
First target 5.50.
Second target 5.22.
Third target 4.87
Ton Coin (TON) Weekly Chart AnalysisTon Coin is poised to be an important and influential player in the future of blockchain. After experiencing a powerful uptrend in early 2024, which followed an ascending triangle pattern, the Ton coin is currently undergoing a price correction. This correction is expected to reach a very good level in the, presenting a promising entry point for short-term or medium-term investments.
Currently, the market is experiencing selling pressure, which can be advantageous for trading. However, for those looking to invest and hold, the price range around $3 will be a critical level to determine the value of this coin.
These conditions highlight the potential for a lucrative investment opportunity. Be sure to keep an eye on market movements and plan your strategy accordingly.
Disclaimer : This analysis is based on the provided chart and is for educational purposes only. It does not constitute financial advice. Always conduct your own research before making any investment decisions.
Good luck! 🎯
Armin-Academy
$TON | WHAT'S NEXT FOR TONCOIN?Toncoin is one of the most popular cryptocurrencies supported by the Telegram community. It has a circulating supply about 2.5 Billions out of 5.1 Billion which is huge. In June 2022, TON traded around $0.735, surged to $2.8, and then settled back to approximately $0.99. In February 2024, TON was listed on Binance as a futures trading asset at around $2.8, before experiencing a significant spike to $8.3. It subsequently broke the $4.8 level twice, in April 2024 and again in 5 August 2024.
A few days ago, Pavel Durov, the founder and CEO of Telegram, was arrested in France for failing to cooperate with investigations into cyber and financial crimes on the messaging app. This news caused Toncoin to plummet from $6.88 to $5, along with Notcoin and DOGS (a memecoin recently listed on Binance).
What’s next for Toncoin? We have two scenarios. In the first, if Durov is released soon, the coin could experience a dramatic surge above $7, potentially reclaiming its spot in the top 10 on CoinMarketCap. In the second scenario, if Durov's release is delayed, major investors might begin selling off their holdings, causing the market cap to drop significantly. This could also lead to increased regulatory scrutiny for Toncoin and related tokens like Notcoin and DOGS. Getting listed on major crypto exchanges, including Binance, may become more challenging, especially as Binance aligns with EU and US regulations.
Durov is released = Above $7
Durov's release is delayed = Cross down $4.8 then $3.8
*** This is not a financial advice, do you own research before investing!
TON. Grows like a playbook.CRYPTOCAP:TON idea given ten months ago worked out with 100% accuracy, but much earlier than expected. Fibonacci correction worked out the level of 0.618 and is complete for further continuation of the growth trend. At the moment, the price forecast is somewhat abstract... I would say that the price will return to the ascending channel, where the intermediate target will be the middle of the channel. All movement is supported by volume and oversold RSI.
TONUSDT Short Scalp IdeaWe're seeing some strong rejection on TONUSDT here. I feel like the price is going to retest the BOS structure, and then the POI Zone below.
Just trying my luck here at the short. Ideally, I'd like to enter at the POI zone for a long position. But with such a tight SL, doesn't hurt to give it a try.
Entry Price: 5.174
SL: 5.192 (Just above recent the high of the trend.)
TP1: 5.145
TP2: 5.12
TP3: 5.07
Will be trailing my Stop-Losses.
It'll give me around 1:5.78 RR. Going in with a small volume that I don't mind losing.
Happy Trading!
TONCOIN Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
TON is in a downtrend and currently trading below the 21 EMA, indicating the potential for a further bearish scenario.
The chart suggests a continued drop towards the support trendline, which could be considered a good entry point for TON.
For a bullish reversal, TON must break above the 21 EMA, either from the current price or after reaching the support line.
In a worst-case scenario, we have a lower support at $2.57, which could help hold the price.
Key levels:
- Primary Resistance: $5.77.
- Support/Entry Range: $4.08-$4.80.
- Target: $10-$12.
- Lower Support: $2.57.
DYOR. NFA.
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#PEACE
Toncoin Resumes Its Bullish TrendToncoin with ticker TONUSD made a bigger decline recently after Telegram CEO Pavel Durov was Arrested in France. However, they were most likely just spreading the fear like back in 2022 when FTX's Sam Bankman-Fried was arrested as well, but Crypto market found the low back then and turned bullish. So, don't get scared at this stage, as TONUSD may have just finished a deeper A-B-C correction in wave (4) from where we can expect a bullish resumption for wave (5) of 3.
It's actually nicely bouncing from projected support area for wave (4), so wave (5) can be now in progress, especially if jumps back above channel resistance line and 7.3 bullish confirmation level. If that will be the case, then wave (5) has space towards 12-14 target area.
In Elliott wave theory, every impulse should be finished by a five-wave cycle.