Tonecoin (TON) Price Prediction: Can TON Sustain Momentum and Rally Toward $6.93 as RSI and MACD Flash Green?
The latest price action marks a major shift in sentiment following weeks of sideways consolidation. With bullish momentum supported by rising derivatives volume, strong RSI and MACD readings, and ecosystem catalysts tied...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The latest price action marks a major shift in sentiment following weeks of sideways consolidation. With bullish momentum supported by rising derivatives volume, strong RSI and MACD readings, and ecosystem catalysts tied to Telegram, Toncoin is shaping up for a potential extended rally. Market participants are now closely watching whether TON can sustain this momentum to challenge the $3.61 level and possibly climb toward the projected $6.93 target.
TON Derivatives Data Signals Market ConfidenceA substantial rise in derivatives volume reinforces Toncoin’s bullish momentum. According to Coinglass, TON futures volume surged 19.49% to reach $634.98 million, while open interest climbed 12.05% to $383.80 million. These increases suggest growing trader confidence and a rise in leveraged long positions.
Toncoin breaks consolidation with rising volume, signaling a strong bullish setup and prime entry opportunity. Source: MasterAnanda on TradingView
This aligns with the recent Toncoin price chart, where buyers continue to dominate the trend, pushing prices higher despite minor resistance at the current range.
RSI and MACD Confirm Uptrend with Room for GrowthTechnical indicators are also flashing green. The Relative Strength Index (RSI) currently stands at 65.78, comfortably below the overbought level of 70. This suggests that there’s still room for further upside before any significant cooling off.
TON shows bullish signals with 70% upside, ideal for long-term hold and 2–4x leveraged trades. Source: Money_Trix on TradingView
The MACD (Moving Average Convergence Divergence) line is also above its signal line, indicating continued bullish pressure. With no signs of divergence or bearish crossover, the technical outlook for Toncoin price prediction remains constructive.
TradingView’s technical analysis summary shows 9 buy signals out of 17, with the 50-day and 100-day SMAs acting as supportive zones at $3.28 and $3.05, respectively.
Rising Inflows and User Growth Fuel Ecosystem OptimismIn addition to technical strength, fundamental growth within the TON ecosystem is adding momentum to the bullish narrative. The TON Wallet recently launched in the U.S., now offering Apple Pay and Google Pay support — expanding crypto accessibility to over 87 million users.
Network statistics also paint a bullish picture. According to TON Stat:
-
Daily transactions remain above 2 million
-
Active wallets have reached 45 million
-
Total on-chain wallets now exceed 159 million
Furthermore, a viral story involving the @crypto username — originally bought for $350,000 — reportedly receiving a $25 million bid, has reignited investor excitement around Telegram’s TON-based identity layer.
This event not only highlights growing interest in on-chain digital ownership but also validates Telegram CEO Pavel Durov’s vision of user sovereignty through TON infrastructure.
Technical Structure Favors Push Toward $4 and BeyondTON has successfully broken above several critical resistance levels. The most recent hurdle at $3.44 has now turned into short-term support. The current structure shows higher lows converging with a horizontal resistance around $3.58, forming a textbook bullish continuation pattern.
TON eyes a breakout with a target near $6.935 resistance. Source: Carl Moon via X
Should Toncoin break and hold above $3.61 — the 1.618 Fibonacci extension — analysts forecast a near-term move toward $3.85 or even $4.00. Beyond this, the longer-term Toncoin price prediction for 2025 still eyes a retest of the $6.93 zone — a resistance level not revisited since 2024.
According to popular crypto analyst Carl Moon, “The breakout from the falling wedge has technically opened up a path to $6.93. With indicators aligning and inflows climbing, TON has the momentum to challenge that target.”
Risks and Support Levels to WatchWhile the momentum favors the bulls, traders are advised to watch key support zones should momentum stall. The 0.618 and 0.786 Fibonacci levels at $3.34 and $3.38, respectively, may serve as buffers against potential pullbacks.
Toncoin was trading at around $3.50, up 2.48% in the last 24 hours at press time. Source: Brave New Coin
Additionally, the Volume-Weighted Average Price (VWAP) sits at $3.54, now acting as a strong short-term support. A loss of this level could trigger a dip toward trendline support near $3.30 or even $3.15.
Looking Ahead: Bullish Momentum Intact, But Breakout Confirmation NeededWith technical indicators, on-chain activity, and ecosystem developments all signaling strength, Toncoin’s current price trajectory suggests that a breakout toward $3.85 and possibly $4.00 is on the table. The next key milestone remains a confirmed breach of $3.61, after which momentum could accelerate toward the long-term target of $6.93.
Investors tracking Toncoin price or searching for how to buy Toncoin should closely monitor the price action around current resistance levels and remain alert to shifts in derivatives positioning or on-chain activity.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Bitcoin (BTC) Price Prediction: Bullish RSI Divergence Signals Potential Rebound Toward $65.5K
A bullish divergence on the one-hour chart has drawn attention as the Bitcoin price remains near a key support area, although broa...
Bitcoin (BTC) Price Prediction: Bitcoin’s Coiled Market Faces Major Breakout as $62K Support Is Tested
The Bitcoin price has struggled to build lasting upside momentum even as recent US inflation data has eased some pressure on risk...
Ethereum (ETH) Price Prediction: ETH Tightens Near $1,880 as Analysts Debate Breakout Towards $3,000 or Another Bear-Market Leg
Ethereum price is consolidating around $1,880 as ETH moves deeper into a tightening technical structure, with traders watching whe...
Why a weekend break below $62,500 could unleash a Bitcoin selling wave toward $58,500
Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively t...
XRP Price Prediction: XRP Risks $0.97 as Price Remains Trapped Below Key EMAs
The weakness has left the XRP price vulnerable to another decline, with technical levels around $0.99 and $0.97 emerging as import...
How a Bitcoin Treasury company sold 600 BTC to cut debt but still ended up with $60 million due in December
Nakamoto, the parent company of Bitcoin Magazine, faces a near-term balance-sheet test at year-end, when 60 million USDT of a Bitc...