TON price continues to fall below the moving average lines, but is still in a sideways trend above the lower price range.
Toncoin (TON) price long-term prediction: bearish
On August 29, the downward momentum reached the $3.00 support level before bouncing back. TON has held up well, trading above the $3.00 support but below the moving average lines or the $3.30 level. The price is on the cusp of a possible breakout or breakdown.
On the upside, a breakout above the moving average lines would take the price to a high of $3.60. On the downside, a break below the $3.00 level would cause the altcoin to fall to its previous low of $2.73.
Toncoin price indicators analysis
TON is fluctuating below the horizontal moving averages. The 21-day SMA barrier has slipped below the 50-day SMA support, signalling bearish momentum. The doji candlesticks indicate that the downward pressure has reached its limit.
Technical Indicators
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Key Resistance Zones: $4.00, $4.50, and $5.00 -
Key Support Zones: $3.50, $3.00, and $2.50
TON/USD price chart, September 3, 2025
What is the next move for Toncoin?
TON has fallen and held above the $3.00 support but remains below the $3.20 level. Resistance at $3.20 has already fended off the uptrend three times. The altcoin will resume bullish trend when buyers overcome the $3.20 resistance level. Meanwhile, the cryptocurrency signal remains range bound as Doji candlesticks form.
TON/USD price chart, September 3, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.