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TONCOINUSDT

Toncoin price rise above $6: possibilitiesToncoin’s (TON) price recently failed to breach the crucial resistance level of $6.00, a key psychological barrier. Although the altcoin reached $5.96, it could not sustain the momentum needed to flip this level into support. Despite this setback, the possibility of recovery remains, with Toncoin still holding the potential for upward movement. The macro momentum for Toncoin has started to show signs of weakness. Moving Average Convergence Divergence (MACD) indicator, widely used to gauge momentum, suggests that bullish momentum is dissipating. The receding green bars on the histogram point to this loss of momentum, indicating a weakening bullish trend. Toncoin is currently trading at $5.81, having recently failed to breach the resistance at $5.96. This resistance is pivotal for the cryptocurrency, as breaking past it would pave the way for an attempt to cross the $6.00 mark, a level that remains elusive. Despite the failed breach, Toncoin still has a chance at flipping $5.96 into support. If successful, this could trigger a rally that would push the altcoin higher, with $6.36 being the next target for bullish investors. However, if Toncoin fails to break $5.96 again and bullish momentum continues to wane, the asset may enter a consolidation phase. This could result in Toncoin trading between $5.37 and $5.96, potentially invalidating the current bullish outlook.
Long
by paul_endeo
Toncoin (TON) price analysisToncoin’s (TON) price has seen relative stability in recent price action, holding firmly above the $5.49 support level. However, for true recovery and significant growth, TON needs to flip the $5.96 resistance into support. Only after crossing this threshold can TON unlock its potential to deliver substantial profits to investors. Toncoin is on the verge of a major profit breakthrough, potentially bringing billions of dollars into the market. Data from the Global In/Out of the Money (GIOM) indicator reveals that around 773 million TON tokens, worth approximately $4.2 billion, were purchased between the price levels of $5.41 and $5.94. If TON manages to break past the $5.96 mark, the entire supply purchased within this range would turn profitable. This surge in profitability could lead to increased bullish sentiment, as investors who have been holding Toncoin for an extended period would be incentivized to maintain their positions. This scenario could further drive up demand, pushing Toncoin’s price higher as more investors enter the market to capitalize on potential gains. Given the current sentiment, Toncoin is expected to continue consolidating between $5.49 and $5.96. This sideways movement will likely delay any breakout above the upper limit, potentially keeping the token in its current range for a while. However, if bullish momentum overtakes bearish sentiment, Toncoin could breach the $5.96 barrier. This move would trigger profits for holders of the $4 billion worth of TON supply bought between $5.41 and $5.94, thus invalidating the bearish-neutral outlook and setting the stage for further gains.
Long
by paul_endeo
TON currency analysis Your currency is in a neutral trendTON currency has been in an upward trend since its arrival. But after reaching the ceiling of this upward trend, we see the price return to the floor for this currency. At the moment, you can see your currency in a neutral trend in the 4-hour period, and two important ranges of the ceiling and floor have been identified in this analysis, until the price breaks these two ranges, nothing special will happen to this currency.
Long
by karaco2022
4
Position buyThis chart for TONUSDT (Toncoin against USDT) on a 4-hour timeframe seems to be highlighting an entry and exit strategy for traders. Here’s a breakdown: Key Elements: 1. Best Entry Zone (5$) 🚀: - The chart indicates that the $5.00 level is considered the "best entry" point for opening a long position, suggesting that the trader expects a price reversal or an upward movement from this level. 2. Take Profit 1 (TP-1) 🎯: - The first take profit target is at $5.543, meaning that once the price reaches this level, traders may choose to lock in some profits. 3. Take Profit 2 (TP-2) 🎯: - The second take profit target is at $6.144, where further profit can be taken if the price continues to rise. 4. Take Profit 3 (TP-3) 🎯: - The third and highest target is set at $6.731, which suggests a more ambitious profit target if the price continues its upward momentum. 5. Stop Loss (SL) 🛑: - The stop loss is placed just below $4.627, meaning that if the price drops to this level, the trade will be closed to limit losses. Summary: - Entry: Around $5.00 (best entry). - Take Profit Targets: - TP1: $5.543 - TP2: $6.144 - TP3: $6.731 - Stop Loss: $4.627 This is a simple risk management strategy where the trader aims to catch a bounce from the $5.00 level with multiple profit-taking points on the way up and a defined exit if the price moves against them.
Long
by ahmadarz
6
TON weekly analysisToncoin hits record high daily active addresses, but is TON a ‘bubble’? – analysis by AMBCrypto The TON Masterchain has reached a record of 946 daily active addresses, a 7x increase since July 2021, as Kyledoops noted on X (formerly Twitter). This growth reflected rising network activity, the expansion of dApps and work chains, and potential higher demand for Toncoin (TON). Although some analysts suggested that the TON blockchain might be a bubble due to its low daily active user count, broader market metrics challenge this view, indicating the network’s solid progress and potential in the long-term. Meanwhile, Toncoin has shown strong potential as a top coin to hold on the support. The TON/USDT weekly chart revealed a reversal candle with a long tail, indicating bullish pressure, supported by growing volume in recent weeks. Moreover, Bollinger Bands are tightening, suggesting a potential squeeze, but the best bet lies in the breakout to the upside. On the daily time frame, Toncoin was nearing a breakout above 100 simple moving average, which has posed some resistance.
by paul_endeo
TON (Toncoin): Approaching ResistanceTrade setup : Trends are mixed but price remains in an Uptrend on a long-term basis. It bounced off of 200-day moving average, which acts as support, and reached our near-term target of $6.75 for +25% gain. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $6.75 to signal continuation of uptrend, with +20% upside potential to $8.30 next, or 2) pullback to 200-day MA for another swing entry with +25% upside potential to $6.75. Stop Loss at $4.40. (set a price alert). We also issued a bullish fundamental research report (Coin Pick) on TON recently (May 24) that suggests there's 80% upside based on comparable valuation of other L-1 and L-2 networks. Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Neutral. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $6.00, then $4.75. Nearest Resistance Zone is $6.75, then $8.30.
Long
by altFINS
TONcoin TON price is ready to rise, isn't it?Against the backdrop of current and planned activities around #TONcoin, we conducted our TA) We drew a few lines back and forth and here is our verdict: - by the end of 2024, 1 CRYPTOCAP:TON can cost $15-16). Of course, you will say that our analysis is full of bullshit and “wishful thinking” and you can do better! And we completely agree with you! You can do better, so share your analysis of OKX:TONUSDT in the comments and write your expectations for the possible future price!)
by P_S_trade
4
TONCOIN🚀 TONUSDT Trading Analysis 🚀 📊 This chart for TON/USDT on the 1-hour timeframe shows a significant downtrend line (black) that has been recently broken, signaling potential upward movement. 📈 Key Levels: Resistance Zone (Red): 7.254 - 7.500 ❌ Support Zone (Red): 7.085 - 7.162 ✅ Major Support Zone (Green): 6.370 - 6.460 🟢 Target Prices (TP) 🎯: TP-1: 7.382 TP-2: 7.548 TP-3: 7.664 TP-4: 7.849 TP-5: 8.053 TP-6: 8.087 TP-7: 8.112 Analysis 🔍: The trader expects the price to rise after breaking the downtrend line, targeting the levels mentioned above. Entry and exit points are: Entry Point: Around 7.321 (just above the support zone) 📌 Targets: From 7.382 to 8.112 📈 Stop Loss: Around 7.085 (below the support zone) 🛑 Strengths & Weaknesses: Strengths: Breaking the downtrend line and proximity to the support zone 💪 Weaknesses: Strong resistance zones ahead 🚧 Overall, this is a long trade setup expecting a gradual upward movement towards the target prices based on technical analysis. 📉➡️📈
Long
by ahmadarz
2
TON : Analytics by AhmadArz: 1. Support and Resistance Levels: - Primary Support: 6.140 📉 - Support Range: 7.050 - 7.099 🔽 - First Resistance: 7.664 📈 - Second Resistance: 9.163 🚀 - Third Resistance: 10.765 🌟 2. Price Trend Analysis: - Current price: 7.467 💵 - Near resistance at 7.664 🚧 3. Next Movement Prediction: - Bullish Scenario: Break above 7.664 leads to 9.163 and 10.765 📈➡️🚀➡️🌟 - Bearish Scenario: Fail to break 7.664, pullback to 7.050 - 7.099, possibly 6.140 📉⬅️🔽⬅️📉 4. Conclusion: - Watch for a break above 7.664 for higher targets 🔍📈 - If not, be cautious of pullbacks ⚠️🔽 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
TON: Approaching ResistanceTrade setup : This asset has shown relative strength - while markets pulled back, it's marched higher. It's now pushing up against that $7.70 resistance for 3rd time in 3 months. It's formed an Ascending Triangle, with each rejection and pullback shallower than before, the dips are smaller and smaller...buyers are eager to accumulate. BTW, we also issued a bullish fundamental research report ("Coin Pick") on TON recently (May 24) that suggests there's 80% upside based on comparable valuation of other L-1 and L-2 networks. If price breaks above $7.80, it could swing to $10 for +25% gain. Stop Loss (SL) at $6.70, just below prior swing low. If it gets rejected again and pulls back near $6.00 support, we would be buyers for another swing trade entry in Uptrend with +30% upside potential back to $7.70. Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $6.00, then $5.50. Nearest Resistance Zone is $7.70, then $10.00.
Long
by altFINS