Toncoin (TON) is currently trading at $3.18, down 8.18% in the last 24 hours. While the 24-hour trade volume stands at $508.98 million, even this has fallen by 12.06%, marking a sharp drop in investor activity in the past week. Interestingly, TON has gained 1.53% in the past week, suggesting a small short-term accumulation phase.
Market watchers are split. While some see this as a correction, others think it’s a sign of consolidation before another breakout. The coin’s performance often defies conventional patterns, but it’s clear that TON is staying in the spotlight. The question is, will it rise with strength, or stay stuck in this narrow zone?
Volume Surge Confirms Bullish Sentiment
Crypto analyst MaxFINEancial believes TON is building a bullish formation. He described the fact that the price broke out from a golden pocket area on the Fibonacci retracement level lately. TON has formed a cup and handle structure since then, which is an indication of possible development. As he states, in the case the setup materializes, short-term targets are $3.73, $3.83, and even $4.19.
These objectives are not random. Reverse price action, spiking volume, and existing chart structure all validate bullish progress. Traders looking for confirmation may buy in the near future. Volatility remains incredibly high. Investors are warned to enter with extreme caution, watch resistance areas carefully, and wait for news for more confirmation of a breakout.
Toncoin Price Outlook for 2025
In the future, predictions range significantly. DigitalCoinPrice indicates Toncoin may rise above the $6.99 threshold in 2025. That even projects reaching back up towards the all-time high of $8.24. With current momentum and sentiment in mind, such a run-up is certainly possible. But the token has to win back investor confidence and volume first in order to back up those figures.
Changelly has a still more bullish outlook. TON is predicted by Changelly analysts to average $12.25 by the close of 2024 with a minimum price at $10.24. July 2025 price targets range from $3.61 to $5.36. Although these predictions set the imagination of some people alight, they’re a salutary reminder just how unpredictable crypto prices can be. With the right plan and marketplace savvy TON might still hit the aggressive targets foreseen.
