While its weekly performance shows no changes, analysts believe the token is approaching a decisive moment that could trigger a substantial shift in price action.
Toncoin in a Symmetrical Triangle
According to market analyst Ali Martinez, Toncoin has been consolidating inside a symmetrical triangle for several months. This technical formation, visible on the daily chart, often precedes a breakout move. Martinez suggests that TON could be gearing up for a 50% swing, though the market has yet to signal whether the move will favor bulls or bears.
Market Sentiment and Indicators
On shorter timeframes, Toncoin has been moving sideways around the $3.10–$3.20 range. The RSI (Relative Strength Index) sits near 48, indicating a neutral stance with no clear momentum in either direction. Meanwhile, the MACD is showing muted activity, reflecting a lack of strong buying or selling pressure. This indecision highlights the importance of the upcoming breakout zone.
Key Levels to Watch
If Toncoin can break above the upper resistance trendline of the triangle, traders could see a sharp rally targeting $4.50 or beyond. Conversely, failure to hold support may drag the token back toward the $2.50 level, a range that has previously acted as a strong demand zone.
Price Prediction Scenarios
Bullish Case:A confirmed breakout above $3.40 with rising volume could spark bullish momentum, sending TON toward $4.50, and potentially even testing the $5 level if market sentiment improves. Bearish Case:
Should TON lose the $3.00 support and break below $2.90, bears could push prices back to the $2.50–$2.60 zone, wiping out recent gains and resetting the trend. Base Case:
Toncoin may continue to consolidate in the $3.00–$3.30 band in the short term until a decisive breakout occurs. This would align with the compression phase of the triangle pattern, keeping traders on standby.
Investor Outlook
With volatility tightening, Toncoin’s next move could be one of the most significant price events for the token this year. Both short-term traders and long-term holders are watching closely, as the breakout could shape TON’s trajectory heading into the final quarter of 2025.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
The post Toncoin Consolidation Sparks Speculation of a Major Price Move appeared first on Coindoo.