Toncoin Price Prediction: Will TON Break Through $5 hurdle

Toncoin Price Prediction 2025 could reach approximately $10

• #Toncoin forms a base around $2.00 before rallying towards $3.00, facing resistance and experiencing a notable decline, only to rebound upon reaching support at the symmetrical triangle trendline.

• After bouncing from $2, TON experienced a parabolic surge and currently hovers around $4.50, nearing the upper trendline of the major channel.

• On March 11, TON surged past a significant barrier of $3.00, mirroring BTC's trajectory, and sustaining its upward momentum.

• In the last 3 days, TON's price soared by 60%, forming three consecutive green candles and achieving a new All-Time High.

• $TON price surged 15% to $4.30, driven by upbeat forecasts and potential interest in the Telegram IPO, hitting its highest level since January 2022.

• If bulls maintain a position above the ascending channel's upper resistance level, $TON is likely to target the upper resistance zone between $5.00 and $7.00 in the upcoming week.

• However, failure to surpass the ascending channel's upper resistance might trigger a trend reversal, leading the price back towards its support level of $3.00.

• According To Coingabbar's analysis, Toncoin Price Prediction 2030 it may achieve around $20 and Toncoin Price Prediction 2040 it could reach approximately $50

KEY LEVELS :

RESISTANCE LEVEL : $5.000-$6.000

SUPPORT LEVEL : $3.500-$2.500

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.