CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
coinpedia 2025-02-12 12:19:47

Toncoin Price Struggles! Can It Bounce Back from its 30-Day Lows?

The post Toncoin Price Struggles! Can It Bounce Back from its 30-Day Lows? appeared first on Coinpedia Fintech News Amid the ongoing market turmoil, the Toncoin price has continued to lose value this year. This indicates a strong bearish sentiment for the altcoin in the crypto space. Further, with consolidated price action, this altcoin has repeatedly failed to reclaim the $4 mark. If the market continues favoring the bears this month, will the Ton price achieve a new 52-week low soon? In this article, we have covered the possible short-term “Toncoin Price Analysis” just for you. TON Price Records A Consolidated Price Action! The price of Toncoin has dropped by 3.23% in 24 hours with a trading volume of $127.78 million. Moreover, it has plunged 28.33% over the past month and has a Year-to-Date (YTD) return of -32.43%. With a market cap of $9.275 billion, it has secured the 16th position. TradingView: TON/USDT The Moving Average Convergence Divergence (MACD) is on the path of experiencing a bullish crossover in its averages with its histogram displaying a similar price action. This suggests an increase in the positive outlook for the altcoin this week. Moreover, the SMA indicator records a similar price trend in the daily time frame. This highlights that the 16th largest crypto token may continue gaining value in the upcoming time. Will Toncoin Price Hit $5? If the Toncoin price regains bullish sentiment, this could push its value toward its resistance level of $4.035. Maintaining the price above that level could set the stage for it to head toward its upper high of $6.415 in the coming time. Conversely, if the bears outrun the bulls, this altcoin may retest its immediate support level of $2.960. Furthermore, if the bears dominate the crypto space, this could pull the price toward its lower support trendline of $2 in the coming weeks. Are you one of many who are curious to find out if this altcoin will hit $10 this altcoin season? Read CoinPedia’s Toncoin Price Prediction 2025, 2026 – 2030! FAQs Is Toncoin good to invest in? If the bulls regain dominance, the TON coin price may reach a maximum trading value of $16.65 this year. Will Toncoin reach $100? Considering the present market sentiments, it is highly unlikely for this altcoin to achieve the target price of $100 anytime soon. How much is 1 Toncoin? With a 24-hour trading volume of $127.781 million, this altcoin is currently changing hands at $3.728 .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.