Toncoin edges toward a potential breakout as bulls circle the $3.40 mark, fueled by renewed optimism over Telegram’s latest integration push.
After a brief consolidation phase, Toncoin (TON) is trading near $3.39, up 1.55% over the past 24 hours, according to Brave New Coin data. Despite the recent correction, market sentiment remains upbeat, with traders anticipating strong upward momentum in the coming days.
Toncoin Holds Near Key Levels Amid Telegram-Driven Optimism
On August 9, Telegram confirmed deeper blockchain integration across its platform, fueling increased adoption potential for Toncoin. As the native asset of The Open Network (originally developed by Telegram), TON is uniquely positioned within one of the largest messaging ecosystems in the world, boasting over 900 million monthly active users.
Toncoin (TON) was trading at around $3.39, up 1.55% in the last 24 hours at press time. Source: Brave New Coin
Earlier in the week, TON recorded a 4.39% gain as new crypto projects launched within the Telegram ecosystem, further validating its utility beyond transactions. With decentralized apps, payment solutions, and NFT platforms already operating on the network, analysts suggest Toncoin is steadily building its case as a major blockchain player.
Technical Analysis: Consolidation Before the Next Move
From a technical standpoint, TON’s momentum indicators remain neutral with an RSI reading of 53.22, leaving room for further upside without entering overbought territory. On the Toncoin price chart, the current level is in line with its 20-day simple moving average, while the 12-day EMA at $3.36 points toward a short-term bullish bias.
TONUSDT is holding above $3.20 support, with bullish momentum aiming for a retest of the $3.85 resistance and potential advance toward $4.00. Source: Lingrid on TradingView
The 50-day SMA at $3.11 provides a strong support base, with price action forming a critical decision zone. The MACD histogram’s slight negative reading (-0.0218) shows minor bearish momentum, though the MACD line remains above zero—keeping the broader bullish trend intact.
Bollinger Bands analysis places the Toncoin USD price at the midpoint of the range, with $3.60 as the next upper target and $3.10 as near-term support. Volatility remains moderate, with a daily ATR of $0.20, meaning price swings of around 6% in either direction remain plausible in the short term.
Immediate resistance for TON to USD lies at $3.75—a level repeatedly tested in recent sessions. A decisive break above this could open the door to $4.00, a psychologically significant milestone.
Support levels remain firm at $3.02, with stronger buying interest historically emerging around $2.60. Traders seeking to buy Toncoin may view these levels as strategic entry zones.
Long-Term Outlook: Could Toncoin See Double-Digit Gains?
Beyond the near-term resistance, analysts are also looking ahead. Based on structural patterns and Fibonacci extensions, some Toncoin price prediction 2025 models point toward $9–$12 in a bullish market cycle, assuming the $5.30 supply zone is broken.
A confirmed breakout above the key resistance would indicate strength, potentially driving TON price toward a retest of the upper accumulation zone and enabling a move to double-digit levels. Source: OpenYourMind1318 on TradingView
Longer-term projections for 2030 — supported by expected mass adoption through Telegram’s network effect—range from $14 to $18 in optimistic scenarios. Toncoin’s growth potential is directly dependent on its ecosystem growth and ability to tap into Telegram’s vast user base, making it among the strongest contenders for handsome long-term returns.
Final Thoughts
Toncoin sits at a tipping point—with strong fundamental tailwinds driven by Telegram integration balancing against technical positioning that suggests a breakout is potentially imminent. A breakout over $3.60 could fuel momentum to $4 and beyond, and steady adoption could lay the groundwork for double-digit price targets forecasted over the next couple of years.
Source: https://bravenewcoin.com/insights/toncoin-ton-price-prediction-toncoin-tests-3-40-resistance-as-bulls-gear-up-for-a-potential-double-digit-surge