Toncoin (TON) Price Prediction 2024, 2025, 2026-2030


  • Bullish TON price prediction for 2024 is $5.965 to $7.048.
  • Toncoin (TON) price might reach $10 soon.
  • Bearish TON price prediction for 2024 is $4.353.

In this Toncoin (TON) price prediction for 2024, 2025-2030,  we will analyze the price patterns of TON by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS

INTRODUCTION

  • Toncoin (TON) Current Market Status
  • What is Toncoin (TON)?
  • Toncoin (TON) 24H Technicals

TONCOIN (TON) PRICE PREDICTION 2024

  • Toncoin (TON) Support and Resistance Levels
  • Toncoin (TON) Price Prediction 2024 — RVOL, MA, and RSI
  • Toncoin (TON) Price Prediction 2024 — ADX, RVI
  • Comparison of TON with BTC, ETH
TOCOIN (TON) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

Toncoin (TON) Current Market Status

Current Price $5.19
24 – Hour Price Change 0.45% Down
24 – Hour Trading Volume $220,622,699
Market Cap $13,151,054,965
Circulating Supply 2,535,015,142 TON
All – Time High $8.24 (On June 15, 2024)  
All – Time Low $0.3906 (On Sep 20, 2021) 

TON Current Market Status
(Source: CoinMarketCap)

What is Toncoin (TON)

TICKER TON
BLOCKCHAIN Toncoin
CATEGORY Decentralized Layer-1 Blockchain
LAUNCHED ON 2018
UTILITIES Governance, Fast Transactions, gas fees & rewards

Toncoin (TON) is the native token of The Open Network. TON can pay transaction fees, settle payments, and validate transactions on the Toncoin blockchain, which uses the proof of stake (PoS) consensus model.

The Open Network, or TON, is a decentralized layer-1 blockchain platform created by the cloud-based instant messaging service, Telegram. TON offers quick, cheap, and energy-efficient transactions. The Open Network is also renowned for its scalability, flexibility, and environmental friendliness.

Toncoin 24H Technicals

Toncoin (TON) Price Prediction 2024

Toncoin (TON) ranks 10th on CoinMarketCap in terms of its market capitalization. The overview of the Toncoin price prediction for 2024 is explained below with a daily time frame.

TON/USDT Inverted Head and Shoulder Pattern (Source: TradingView)

In the above chart, Toncoin (TON) laid out an inverted Head and Shoulder pattern. Generally, in this pattern, the price action slides downwards and then rises up. Thus, forming three troughs in the pattern, left shoulder, head, and right shoulder. 

This pattern can be a potential signal for the upcoming bullish market. If the price action establishes a breakout above the neckline resistance, the price might rise up to new highs.

At the time of analysis, the price of Toncoin (TON) was recorded at $5.252. If the pattern trend continues, then the price of TON might reach the resistance levels of $5.257, $5.492, and $5.959. If the trend reverses, then the price of TON may fall to the support of $5.064.

Toncoin (TON) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Toncoin (TON) in 2024.

TON/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Toncoin (TON) for 2024.

Resistance Level 1 $5.965
Resistance Level 2 $7.048
Support Level 1 $5.097
Support Level 2 $4.353
TON Resistance & Support Levels

Toncoin (TON) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index

From the readings on the chart above, we can make the following inferences regarding the current Toncoin (TON) market in 2024.

INDICATOR PURPOSE READING INFERENCE
50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $5.306
Price = $5.241
(50MA>Price)
Bearish/Downtrend
Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 48.937
<30 = Oversold
50-70 = Neutral

>70 = Overbought
Neutral
Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume

Toncoin (TON) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Toncoin (TON) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

From the readings on the chart above, we can make the following inferences regarding the price momentum of Toncoin (TON).

INDICATOR PURPOSE READING INFERENCE
Average Directional Index (ADX) Strength of the trend momentum 31.960 Strong Trend
Relative Volatility Index (RVI) Volatility over a specific period 54.05

<50 = Low
>50 = High

High volatility

Comparison of TON with BTC, ETH

Let us now compare the price movements of Toncoin (TON) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs TON Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of TON is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of TON also decreases, when the price of BTC and ETH decreases, the price of TON also increases respectively.

Toncoin (TON) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Toncoin (TON) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year  Bullish Price  Bearish Price
Toncoin (TON) Price Prediction 2025 $12 $3.5
Toncoin (TON) Price Prediction 2026 $15 $3.7
Toncoin (TON) Price Prediction 2027 $18 $3
Toncoin (TON) Price Prediction 2028 $21 $2.8
Toncoin (TON) Price Prediction 2029 $24 $2.5
Toncoin (TON) Price Prediction 2030 $27 $2.3

Conclusion

If Toncoin (TON) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Toncoin (TON) price prediction for 2024 is $7.048. Comparatively, if unfavorable sentiment is triggered, the bearish Toncoin (TON) price prediction for 2024 is $4.353. 

If the market momentum and investors’ sentiment positively elevates, then Toncoin (TON) might hit $10. Furthermore, with future upgrades and advancements in the Toncoin ecosystem, TON might surpass its current all-time high (ATH) of $8.24 and mark its new ATH. 

FAQ

1. What is Toncoin (TON)?

Toncoin (TON) is the native token of The Open Network (TON), a decentralized Layer 1 blockchain network. TON can be used to pay transaction fees, settle payments, or validate transactions on the Toncoin blockchain using the proof of stake (PoS) consensus model.

2. Where can you purchase Toncoin (TON)?

Toncoin (TON) has been listed on many crypto exchanges which include OKX, Bybit, DigiFinex, Bitrue, and LBank.

3. Will Toncoin (TON) reach a new ATH soon?

With the ongoing developments and upgrades within the Toncoin Platform, TON has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Toncoin (TON)?

On June 15, 2024, Toncoin (TON) reached its new all-time high (ATH) of $8.24.

5. What is the lowest price of Toncoin (TON)?

According to CoinMarketCap, TON hit its all-time low (ATL) of $0.3906, On Sep 20, 2021.

6. Will Toncoin (TON) reach $10?

If Toncoin (TON) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon.

7. What will be Toncoin (TON) price by 2025?

Toncoin (TON) price is expected to reach $12 by 2025.

8. What will be Toncoin (TON) price by 2026?

Toncoin (TON) price is expected to reach $15 by 2026.

9. What will be Toncoin (TON) price by 2027?

Toncoin (TON) price is expected to reach $18 by 2027.

10. What will be Toncoin (TON) price by 2028?

Toncoin (TON) price is expected to reach $21 by 2028.  

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.





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