TON Coin Analysis: Technically and Fundamentally StrongTONCoin has been performing very well since last year, and as Telegram grows more popular, it becomes even stronger fundamentally. Technically, it's about to undergo a slight correction to $4.7 before potentially reaching new all-time highs, with mid-term targets at $17 and long-term targets at $40, IMO.
TONCOINUSD
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.
Toncoin TON price are preparing for a strong moveNow #TONUSDT price is being squeezed quite firmly under the strong level of $6.7-7, which was mentioned 4 months ago
It looks like they are preparing for a strong move.
The intermediate target for #TON is $11.50, the final one is $13.50, is it realistic?)
🤪 But which route?
💙 $6,80 👉8,20 👉$6,80 👉$9,20 👉$8,20 👉$13,50
❤️ $6,80 👉$5,60 👉$8,20 👉$6,80👉 $11,50
Vote in the comments
$TON Looks good to go long!🚀 LSE:TON Breakout Alert! 🚀
Toncoin ( LSE:TON ) is breaking out of a symmetrical triangle pattern and is currently retesting. 📈
Entry Point: Start accumulating once the price exceeds $7.165.
Targets: Midterm Goal: 60% increase
Long-Term Goal: 120% increase
Trading Options: STRK is available for trading in both spot and futures markets. Purchase on the spot market or go long on futures with a stop-loss at $6.07.
Leverage: 3X to 5X
🔍 About Toncoin (TON):Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain. Initially developed by Telegram as the Telegram Open Network with a token called 'Gram,' the project was halted in 2020 due to an SEC court order. An independent community, including the TON Foundation, has continued development, renaming the blockchain and introducing Toncoin as its native cryptocurrency. With a whitepaper featuring code by Dr. Nikolai Durov, Telegram's co-founder, TON uses a proof-of-stake (PoS) consensus model. The TON Foundation aims to empower 500 million users with digital ownership by 2028 through a Web3 ecosystem within Telegram Messenger.
🔍 DYOR, NFA 🔍
#Crypto #altcoin
TON ( toncoin ) tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Brief TON Analysis | Bearish Trend? Key S & R Levels 8H TFOn the 8H TF for TON, after hitting an ATH in Apr 2024, the price corrected by 40%, establishing a new Higher Low. The subsequent recovery was accompanied by a minor sideways trend, but the price failed to reach and overcome the previous high, forming a Lower High, signaling weakening buying pressure. This was followed by a corrective pullback and transition into a sideways trend. The current consolidation range is between $6.00 and $6.70, which can be considered local support and resistance zones.
◼️ During this consolidation phase, trading volumes have decreased, indicating market uncertainty and a lack of strong interest from participants. Holding above $6.70 could lead to testing the resistance levels at $7.10 and $7.46. An increase in volume upon breaking these resistances will be crucial confirmation for this scenario. Conversely, failure to break and hold above the local resistance zone might result in a pullback to the support areas around $5.60. If these support levels fail to hold, further declines and the formation of a new lower low are possible.
◼️ The current chart setup points to uncertainty and the potential formation of a sideways trend with a bearish bias. Close monitoring of trading volumes and price reactions at key support and resistance levels will be critical to confirming the next direction of the trend.
Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR
TON Blockchain’s Total Value Locked (TVL) Surpasses $300 MillionThe total value locked (TVL) on The Open Network blockchain has surpassed $300 million, marking an over tenfold increase since early March. This surge is driven by decentralized exchanges like Ston.fi and Dedust, as well as liquid staking projects like Tonstakers and bemo. The network's TVL has increased from $23 million in early March to the current $315 million since the incentive program was rolled out.
The rapid growth in TVL has been mainly driven by decentralized exchanges such as Ston.fi and Dedust, as well as liquid staking projects like Tonstakers and bemo. The network recently onboarded 1 million wallets during the token generation event for Notcoin, a viral clicker game created as a Telegram Mini App. TON's architecture allows users to transact without network outages, increased fees, or processing delays.
The Open Network ( LSE:TON ) was initially developed from a blockchain project by Telegram, a messaging platform that raised $1.7 billion through two private token sales in 2018. However, its mainnet launch was obstructed due to a legal dispute with the U.S. Securities and Exchange Commission concerning unregistered security offerings. Community members formed the Ton Foundation and reinitiated active development, leading to the establishment of The Open Network, often abbreviated as $TON.
The native token of the network Toncoin ( LSE:TON ) is currently trading at $6.460 with a market cap of $22 billion and a fully diluted valuation of $32 billion. Pantera, one of the oldest venture funds in the cryptocurrency sector, recently revealed its largest-ever investment in $TON.
#TON/USDT#TON
The price is moving within a 4-hour downtrend channel and is strongly committed to it.
We have a support area at 6.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 6.30
First target 6.72
Second goal 7.05
Third goal 7.43
TON : sell in high reng📊Analysis by AhmadArz:
🔍Entry: 7.238
🛑Stop Loss: 7.705
🎯Take Profit: 6.856 - 6.432 - 5.989 - 5.471 - 4.958
🔗"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!
TON Roars Back to $7: Analysis Unveils Future MovesTON recovered strongly.
It is trading at the resistance and we may see a pullback.
A bullish break-out of $6.98 is required for TON to push higher towards $7.68.
Above $7.68, Toncoin will target $9 and is likely to move much higher.
A dip to below $6.40 will lead to a sideways price action and a slow decline towards $5.31.
Toncoin TON is trying to win the "hearts of the Internet" againIn fact, the history of TON has been going on for a long time: since 2021, or maybe even 2020.
I remember for sure that only the "chosen ones" could buy TON through "super murky" schemes and for large sums. It was like an Internet Masonic lodge being formed then)
If you are very interested, you can read more, the Internet remembers everything)
But in short, in the fall of 2021, the TONUSD price reached $4.50-5
And then, the end of the bull market phase + a bunch of sanctions and bans for TON, officially called by "anonymity," but few people know what really happened - the TONUSDT price collapsed.
TON bought back their own Toncoins from investors at a discount of -50-70% , and the amounts were worth millions - it was a great business.
2.5 years later, TON is trying to expand the market by v2.0. Now the price is reaching previous highs. We think there is a chance to grow to $5.
There are ongoing trading contests that support the TON price.
Perhaps even the TONUSDT price will rise to $6.70-7 and break into the top 10 crypto projects with its capitalization.
Do you believe in it?
Toncoin TON Intraday Trade SetupToncoin is following yesterday's CRYPTOLEAN forecast.
A bullish move from its current price location or after a re-test of $5.77 is very likely towards $6.37 and, possibly, higher to $7.00.
A dip to below $5.77 will lead to a choopy, sideways price action.
Find more in the signature.
Ton : brother of ETH📊Analysis by AhmadArz:
🔍Entry: 4.926
🛑Stop Loss: 4.578
🎯Take Profit: 5.271 - 5.587 - 5.90
🔗"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!
📈TON can go high to $12 level / Alt Season rally📉OKX:TONUSDT
BINANCE:TONUSDT.P
Hello traders.
🔵TONCOIN is my Second suggestion for the altcoin market.🔵
As you can see, the price has broken its long-term triangle structure. As long as the price rally is ongoing outside the pitchfork structure, the $5.7 and $7 targets are active.🎯
Considering the previous price rally, there is a possibility of a price correction to the middle levels of the pitchfork (dynamic and then static supports).🧨
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
In the following week, I will introduce and complete the list of my suggested altcoins.
I plan to monitor these altcoins weekly.✌💥
TON: sell in high CH📊Analysis by AhmadArz:
🔍Entry: 5.384
🛑Stop Loss: 5.453
🎯Take Profit: 5.303-5.160-5.046
🔗"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!
TONCOIN - A Possible "Cup and Handle" PatternIt is almost at the half of the handle, but we need to wait a little bit more to be sure. If it happens, it is possible to break the $3 resistance, as well as reaching the next milestone, $4..
Also see my previous TONCOIN idea that made nearly 100% profit in short time.
TON/USD 12hour UPDATE BY CRYPTO SANDERS !!hello, welcome to this TON/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) was one of Thursday’s notable gainers, as the price rallied by as much as 4% in today’s session.
Following a low of 1.75 on Wednesday, TON/USD rose to a peak of 1.88, earlier in today’s session.
The move comes days after the token reached a high of 2.05, which was the highest point it has hit since May.
, the rise in price comes as the relative strength index (RSI) jumped to a floor of 60.00.
At the time of writing, the index is tracking at 63.35, with the next point of resistance around 66.00.
In the event it moves beyond this level, there is a good chance that the price will move back towards 2.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Toncoin & Telegram Toncoin price today is $2.5 with a 24hour trading volume of 40 million dollar. TON price is up 3% in the last 24 hours and 50% up in a month and some traders still believe crypto is ded and boring!
Telegram building a crypto exchange and non-custodial wallets right now and using TON blockchain to buy and sell telegram usernames on Fragment website which is pretty cool.
In worst days of market TON hit another all time high and the chart still looks strong. Toncoin listed on Bybit and you can stake it on OKX exchange for 200% APY.
TonBtc is in correction phase as you see. for scalpers 2.2 - 2.7$ is a good range for making some money
TON coinHello everyone! Today, I want to share an interesting piece of news about the TON coin. Recently, Pavel Durov, the founder of Telegram, announced the issuance of Telegram bonds. He shared this information on his official channel.
Furthermore, Durov stated that he also holds BTC and TON. This indicates his trust in these cryptocurrencies and may have a positive impact on their fate.
I have written about the TON coin and its prospects multiple times before. Personally, I hold TON coins for the long term, and if the price continues to rise, it will be pleasant.
In my analysis, I have identified an interesting zone where I plan to set a limit order in case of price decline.