Could #TON Be on the Verge of a Massive MOVE? Yello, Paradisers! Could we be standing on the edge of a major market move for #TON? Let's break it down!
💎#TONUSDT is currently sitting at a crucial juncture around the support zone of $5.017. We’ve been keeping a close watch as #TON navigates through a descending channel. Recently, it broke above this channel, signaling a potential shift in momentum. If this upward movement holds steady, we could be looking at a strong bullish continuation ahead!
💎But wait—don’t let your guard down! If this momentum weakens around the support, we may see a pullback toward the next demand area around $4.914.
💎 A daily close below this level could invalidate our bullish scenario and open the door for further downside risks.
Stay focused, Paradisers! The next move could be a game-changer. Keep watching the #TON price action carefully; your patience and vigilance might just pay off big time!
MyCryptoParadise
iFeel the success🌴
Toncoin
TON Analysis - What Shall we Expect !!!OKX:TONUSDT
The weekly candle close of the under the midline it means price can drop to the bottom of the channel and complete the downward wave (ABC) and then increase. also 4.3$ is a good support for TONCOIN .
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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!!
Notcoin (NOT) price stabilises. What's next?Following in TON's footsteps, the NOT crypto has displayed a similar price action by adding approximately 4% to its valuation within the past day. With strong fundamentals and a discounted price of 73.4%, this crypto project holds a high long-term bullish return.
The Relative Strength Index (RSI) indicator has successfully retested its oversold range in the 1D time frame. This suggests an increase in the price of altcoin in the crypto market. Notably, with the rising volatility, a bullish rebound is anticipated from the Ton-chain in the coming time.
Maintaining the price above its resistance level of $0.00925 could set the stage for NOT coin price to test its upper level of $0.0140. However, if the bearish sentiment intensifies, this altcoin could retest its low of $0.00455 this month.
Toncoin (TON) rebounds after Durov breaks silenceThe odds appear to be shifting in favor of Telegram-linked Toncoin (TON), whose value has risen by almost 10% in the past 24 hours.
The altcoin has outperformed other cryptocurrencies during that period, thanks to Pavel Durov’s first public statement since his arrest on August 24.
In the statement, Durov expressed gratitude for the support he received following his recent arrest in France, where he was questioned by police for four days. He revealed that authorities suggested he could be held personally responsible for illegal activities on Telegram due to a lack of response from the platform.
Durov highlighted that Telegram has a designated representative in the EU to handle such requests and that French authorities had various means to reach him. He criticized the approach of holding CEOs accountable for third-party actions on their platforms, calling it a misguided application of outdated laws.
Toncoin’s performance on the 12-hour chart hints at the possibility of an extended rally.
First, readings from its Moving Average Convergence/Divergence (MACD) show its MACD line (blue) poised to cross above its signal line (orange). When this happens, it indicates a potential shift in the market trend from bearish to bullish. It suggests that the asset’s momentum is trending upward, and traders often interpret this as a buy signal.
Also, the Chaikin Money Flow (CMF), which tracks how money flows into and out of the market, attempts to cross above the zero line. When an asset’s CMF crosses above zero, it indicates that buying pressure is starting to outweigh selling pressure. Therefore, it suggests that buyers are gaining control of the market.
If this buying pressure is sustained, TON’s price could rally toward $5.32. Breaking past this critical area of resistance could increase the chances for another upward move to $5.96.
$TONUSDT cannot escape this trap.After the arrest of Pavel Durov, CEO of Telegram, CRYPTOCAP:TON is enduring a bearish movement.
During the past hours CRYPTOCAP:TON managed to escape the bearish trend and started showing signs that it will reach $5.
After touching $4,9 he dropped again to $4,79 getting inside the upper level of Fibonacci which is $4,81. As it has entered this level I believe we are going to see more shorts till we reach $4,67 where we will need to re-evaluate the market.
TONCOIN will not shy away from $5.0 easily.TONCOIN will not shy away from $5.0 easily.
You see CRYPTOCAP:TON , it will not shy away from $5.0 easily.
Fundamentals have not been in favour of this coin following Durov's arrest.
However, investors are still optimistic about this asset.
These are some zones to watch out for trading
TON - price is in a dawn trend - follow it until it breaksTON - price is in a dawn trend - follow it until it breaks
Price dropped after Durov arrest
in a previous analysis i shared idea to take long after trade
price playedout it only by part and go on down
what should we do the next?
1st follow the trend until it breaks
2nd - reversal possible after big liquidation
or long range with structure change
in all other cases - follow the tide
What to expect from Toncoin (TON)?Toncoin (TON) has dropped by 10% in the last 24 hours, pushing its price below $5 for the first time since May. Currently trading at $4.67, this new low has market participants speculating about the token’s short-term future.
The key question is whether TON will experience a quick recovery or if the recent decline signals further losses ahead.
Toncoin price has been trapped in a correctional phase since August 19. This decline implies that the Telegram-backed cryptocurrency has had more periods of distribution than accumulation.
Furthermore, the daily chart shows that TON had formed a rounding top pattern between August 2 and 26. This pattern is typically considered bearish and signals a potential reversal of the previous uptrend.
From the chart below, after the pattern appears, TON had a neckline at $5.99 that could either prevent a drawdown or accelerate it. However, the bulls could not keep the price above the neckline, leading to a slip below $5.
Currently, bulls are not in a position to assist Toncoin in its recovery. As a result, the price could drop below $4.60, potentially reaching $4.55. However, if buying pressure picks up, this downtrend could reverse, allowing TON’s price to rise toward $5.40.
Is Telegram Slowly Becoming a Hidden Crypto Powerhouse?Telegram has rapidly positioned itself as a formidable force in the cryptocurrency sector, quietly amassing significant digital asset holdings and generating substantial revenue from crypto activities. Despite its ongoing legal battles and operational losses, the messaging giant is making bold strides in the blockchain space, raising questions about its future role in the crypto industry.
Financial Snapshot: Telegram’s Crypto Revenue and Holdings
Telegram’s 2023 financial report, audited by PwC’s Dubai branch, reveals the company’s strategic pivot towards the crypto market. The firm’s digital asset holdings have surged past $400 million, eclipsing its cash reserves. This impressive figure is largely composed of Toncoin, the native token of Telegram’s blockchain project, The Open Network ( CRYPTOCAP:TON ). With over 40% of its $342.5 million revenue generated from crypto-related activities, Telegram’s financials paint a picture of a tech company deeply intertwined with digital assets.
Despite reporting a substantial operating loss of $108 million, Telegram’s integration of crypto into its business model has proven profitable. The firm’s newly introduced integrated wallet and sales of Toncoin have become significant revenue drivers, showcasing the company’s seamless incorporation of blockchain technology into its platform.
Deep Integration of Crypto Services
Telegram’s commitment to the crypto ecosystem extends beyond mere asset holdings. The integrated wallet, introduced as part of the company’s broader crypto strategy, enables users to store, send, receive, and trade various cryptocurrencies, including Toncoin ( CRYPTOCAP:TON ). The revenue from this service stems from its integration into the social media platform and the provision of continuous access to users. Payments for collectibles like usernames and virtual phone numbers, which can be purchased using Toncoin ( CRYPTOCAP:TON ), further underline Telegram’s active participation in the crypto economy.
However, the most striking aspect of Telegram’s strategy lies in its management of Toncoin ( CRYPTOCAP:TON ) holdings. The company successfully mitigated potential losses by strategically selling a substantial portion of its Toncoin ( CRYPTOCAP:TON ) before a recent market downturn, realizing approximately $243.5 million. This proactive approach underscores Telegram’s active management of its crypto exposure, highlighting its role as more than a passive participant in the market.
Telegram’s Legal Troubles and Market Position
Despite its success in the crypto space, Telegram faces significant challenges, including legal issues. The arrest of its founder, Pavel Durov, in France for allegedly failing to control criminal content on the platform has cast a shadow over the company’s operations. However, Durov’s subsequent release has sparked renewed optimism within the crypto community, signaling that Telegram’s troubles might not derail its ambitious plans.
Telegram’s growing crypto involvement, coupled with its substantial operating expenses of over $450 million, has led to questions about its overall valuation. Despite raising $2.3 billion from high-profile investors, including sovereign wealth funds, the company’s financial sustainability remains under scrutiny. Durov’s initial valuation of over $30 billion seems increasingly optimistic given the firm’s current challenges.
Technical Outlook: TON Token’s Performance
As of the time of writing, the CRYPTOCAP:TON token is down 2.79%, reflecting broader market downturns. The Relative Strength Index (RSI) stands at 37.98, signaling an oversold condition and increased selling pressure. Technical analysis indicates that CRYPTOCAP:TON ’s price is teetering near the $5 pivot. Holding this level is crucial for boosting investor confidence, especially amid Telegram’s ongoing network outages and blockchain challenges.
The TON blockchain has faced issues, including network disruptions where blocks failed to produce, which has sparked concerns among investors. Addressing these technical weaknesses could help solidify TON’s reputation as a potential “Solana killer,” a moniker that highlights its ambitious aspirations within the competitive blockchain landscape.
Challenges and Opportunities
Telegram’s foray into the crypto world is a double-edged sword. On one hand, the company’s deep integration of blockchain and digital assets positions it as a major player in the crypto sector. On the other, its ongoing legal issues, operational losses, and technical challenges present substantial hurdles. Telegram’s active management of its crypto holdings and strategic moves within the market suggest a company keen on navigating these complexities.
The firm’s success will hinge on its ability to leverage its crypto capabilities while addressing internal challenges and regulatory scrutiny. Should Telegram continue to refine its blockchain infrastructure and improve user experience, it could solidify its place as a hidden powerhouse in the crypto world, with the potential to redefine how tech companies engage with digital assets.
Conclusion
Telegram’s journey in the crypto market is a fascinating tale of ambition, risk, and innovation. With its significant Toncoin holdings and integrated crypto services, the messaging app is quietly but powerfully staking its claim in the digital asset space. However, the path ahead is fraught with challenges, and Telegram’s ability to navigate these will ultimately determine whether it can transform from a hidden player into a leading force in the blockchain era.
(Update) !!! TON Analysis : Bull or Bear ? (READ)The weekly candle close of the under the midline it means price can drop to the bottom of the channel and complete the downward wave (ABC) and then increase.
Previous Analysis
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
DOGS Analysis==>>Pumping +20%/+30%Today, I want to analyze the DOGS Telegram project for you. The DOGS token has been listed in various exchanges for less than three days, and its great popularity caused a six-hour interruption on the TON blockchain .
But the bad luck of the DOGS project is that its listing coincides with the arrest of Pavel Durov (the founder of Telegram) in France .
What is the DOGS!?
Dogs Community is a vibrant, community-driven initiative built on the TON Blockchain, designed to leverage Telegram's vast user base and native meme culture. Centered around a beloved dog mascot originally created by Telegram's founder, the project aims to introduce millions to blockchain technology through tokenized stickers, fostering a fun and engaging ecosystem with a focus on community ownership and fair rewards distribution.
Due to the fact that the DOGS token has been listed for less than 3 days , there are few candles visible in the chart, but I will try to show you the support and resistance zones and if you intend to buy or sell the DOGS token You can decide better.
DOGS is currently moving near the Support zone($0.00135-$0.00128) and Support line .
According to Elliott's wave theory , the DOGS token seems to be completing the main wave 4 .
I expect DOGS to go UP to $0.00165 at least.
Note: The increase or decrease of the DOGS token can be directly related to Pavel Durov's court case.
Note: If DOGS goes below the Support zone($0.00135-$0.00128), we should expect further corrections to this token.
Do you have the DOGS token or not❗️❓ Did you sell it or do you want to keep it❗️❓
DOGS Analyze (DOGSUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TON/USDT Trading ScenarioThe decline in the TON value following the arrest of the founder of Telegram and the TON platform mirrors the scenario of BNB's price drop after the arrest of Binance's CEO.
At that time, BNB lost over 30% of its value, then entered a sideways trend. However, with the start of BTC's rise at the end of December, the asset's price not only recovered but also surged by more than 280%.
In the case of TON, we are observing a similar situation, making the current price attractive, while any further decline provides an additional opportunity to increase returns. The TON network and the Telegram messenger are fundamental factors contributing to the trust in this asset.
TON network outage triggers price dipToncoin (TON) has no doubt been one of the fastest growing networks and its runtime has been flawless until now. Fresh reports indicate that the network experienced its first downtime incident this morning.
Preliminary reports found using Tonscan show that block generation on Ton halted for almost three hours. One of the TON Foundation members revealed that the downtime was caused by transactions overload, mainly involving DOGS.
The downtime resulted in the suspension of deposits and withdrawals via TON by multiple exchanges. This includes Binance and ByBit.
The downtime reportedly caused a loss of consensus among validators. This means that validators have to restart the network to kick things into motion again. TON had already fixed the issue and restored network operations at press time.
Toncoin retested its August lows after tanking by as much as 26% during the weekend. It was down by 2.98% in the last 24 hours to a $5.25 press time price.
It remains unclear whether the downtime incident will affect demand for Toncoin in the near term. Especially now that the network is up and running again.
Toncoin (TON) price analysis amidst Durov arrestToncoin (TON) has lost a staggering 21% over the past week as its value plummeted following the arrest of Telegram founder Pavel Durov. More bad news for TON is that French authorities have charged Durov with complicity in multiple criminal activities and failing to provide cryptographic access per the authorities’ demands. TON plummeted following news of Durov’s arrest on August 24, dropping almost 12%, slipping below crucial support levels and wiping out considerable gains made over the previous week. TON continued to drop over the weekend, falling to a low of $5.26 before demand at lower levels enabled a recovery of sorts. Despite this, TON fell by almost 3%, settling just above the 200-day SMA at $5.76.
Buyers attempted a recovery on Monday as TON rose to a day high of $5.99, almost regaining the $6 level. However, sentiment changed, and sellers retook control, driving TON down by nearly 11% to $5.14. The drop also saw TON slip below the 200-day SMA and the $5.50 support level. The current session has seen buyers enter the market, indicating lower-level demand. TON is currently up by just over 6% and trading around the $5.45 mark. If buyers continue to enter the market, TON could push back above $5.50 and attempt to reclaim the levels above the 200-day SMA. However, TON could slump back to $5 if sentiment changes again.
BNB VS TON Friends, let's take a look at the market situation for two popular cryptocurrencies — BNB (Binance Coin) and TON (Toncoin). The charts show that both coins have very similar price movement structures, which could indicate potential opportunities.
If we analyze the mechanisms of these coins, they are almost identical, but the TON chart lags behind BNB. Despite the news about Telegram, I see a lot of potential in the TON coin and expect its price to exceed $10 this fall. I’ve shown why I believe this on the chart.
Position buyThis chart for TONUSDT (Toncoin against USDT) on a 4-hour timeframe seems to be highlighting an entry and exit strategy for traders. Here’s a breakdown:
Key Elements:
1. Best Entry Zone (5$) 🚀:
- 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.
TON Coin Mid Term LONG IdeaTON coin is currently experiencing panic selling due to the founder’s arrest. However, we believe in the strength and potential of the TON ecosystem.
Technically, it’s at levels that are suitable for buying, and long-term investors may consider adding it to their SPOT wallets using the DCA strategy.
For those who prefer to avoid risk, they can wait to enter the trade after a deviation outside the range.
Take your risk, make some profit !