Toncoin (TON) is currently trading at $3.12, having gone down 5.18% over the past couple of days. It was more active in trading, with $209.98 million traded in the last 24-hour period, an increase of 27.09%. Even though there was a fall, the value is close to last week’s $3.12, having gone down 6.56% in the past week.
TON holding above crucial trendline
Analysts indicates that TON is putting important support levels to the test. Traders are paying close attention to the $3.25 price, and a breakout above it may spur the next increase. Crypto analyst Naveed states that action at primary highs and lows implies the price may increase should buyers come in to support this level.
Analyst states that TON is trading around $3.30 and supportive above a crucial trendline support. The setup has potential for continuation in case the bulls stay in command. Traders are watching a long bias trade setup with targets around $3.57 and $3.65. TON’s short-term direction could be determined by upcoming reactions.
Analysts recommend defensive trading around the demand area. Any breakdown may hasten selling momentum, but a successful defense could propel TON to major resistance points. Near-term momentum is still tenuous but potentially encouraging for investors who will closely monitor market activity.
TON price prediction for 2025
DigitalCoinPrice is predicting TON to rise above the $6.84 level by the end of 2025 and shatter its former highest level of $8.24. Experts expect the token to move anywhere from a low of $6.08 to a high of $6.84 before touching new highs.
Moreover, Changelly’s 2024–2025 technical forecast indicates a broader trading range, ranging from a low of $10.43 to a possible high of $11.34. Statistical average trades are projected at around $12.25. Seasonal variations towards the middle part of 2025 may bring TON prices ranging from $3.61 to $5.36, influenced by general market conditions and market sentiment.
