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Toncoin Price Prediction: Is Toncoin ready to break $10 soon?


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Toncoin (TON) has been on a steady rise, trading between $5.36 and $6.77, with a weekly gain of 7.94% and a 22.26% surge over the month. As of now, the TON price is $6.11, with the nearest resistance at $7.39. If it breaks this level, the TON crypto price could rally to $8.80, offering a potential gain of over 20%. The 10-day simple moving average of $6.17, surpassing the 100-day average of $5.99, signals upward momentum despite the RSI at 40.61 and slightly bearish MACD.

Strategic developments underpin this growth. Toncoin’s partnership with Telegram provides a robust ecosystem, while expansions in South Korea and the United States have bolstered its utility. Increased derivatives trading volume indicates heightened interest from institutional investors. These factors position TON as a heavily utilized Layer 1 blockchain, enhancing its appeal.

Although a short-term pullback has seen the TON coin price dip to $6.11, support at $5.15 holds firm. A recovery could push the price to $6.415, while further bearish trends might test lows near $4.035. Analysts forecast a potential all-time high (ATH) of $10.20 by 2024.

Looking ahead, the Toncoin price prediction for 2025 suggests a bullish trajectory, with the price of TON potentially hitting $16.65. Average price estimates hover around $12.95, as adoption and trust in TON crypto grow. The TON price today signals promising opportunities for investors aiming to capitalize on its rising momentum.

 

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