Toncoin (TON) has regained focus, breaking above a key resistance level at $3.55 amid a surge in trading activity, positive technical signals, and growing investor optimism.
The latest price action marks a major shift in sentiment following weeks of sideways consolidation. With bullish momentum supported by rising derivatives volume, strong RSI and MACD readings, and ecosystem catalysts tied to Telegram, Toncoin is shaping up for a potential extended rally. Market participants are now closely watching whether TON can sustain this momentum to challenge the $3.61 level and possibly climb toward the projected $6.93 target.
TON Derivatives Data Signals Market Confidence
A substantial rise in derivatives volume reinforces Toncoin’s bullish momentum. According to Coinglass, TON futures volume surged 19.49% to reach $634.98 million, while open interest climbed 12.05% to $383.80 million. These increases suggest growing trader confidence and a rise in leveraged long positions.
Toncoin breaks consolidation with rising volume, signaling a strong bullish setup and prime entry opportunity. Source: MasterAnanda on TradingView
This aligns with the recent Toncoin price chart, where buyers continue to dominate the trend, pushing prices higher despite minor resistance at the current range.
RSI and MACD Confirm Uptrend with Room for Growth
Technical indicators are also flashing green. The Relative Strength Index (RSI) currently stands at 65.78, comfortably below the overbought level of 70. This suggests that there’s still room for further upside before any significant cooling off.
TON shows bullish signals with 70% upside, ideal for long-term hold and 2–4x leveraged trades. Source: Money_Trix on TradingView
The MACD (Moving Average Convergence Divergence) line is also above its signal line, indicating continued bullish pressure. With no signs of divergence or bearish crossover, the technical outlook for Toncoin price prediction remains constructive.
TradingView’s technical analysis summary shows 9 buy signals out of 17, with the 50-day and 100-day SMAs acting as supportive zones at $3.28 and $3.05, respectively.
Rising Inflows and User Growth Fuel Ecosystem Optimism
In addition to technical strength, fundamental growth within the TON ecosystem is adding momentum to the bullish narrative. The TON Wallet recently launched in the U.S., now offering Apple Pay and Google Pay support — expanding crypto accessibility to over 87 million users.
Network statistics also paint a bullish picture. According to TON Stat:
Daily transactions remain above 2 million
Active wallets have reached 45 million
Total on-chain wallets now exceed 159 million
Furthermore, a viral story involving the @crypto username — originally bought for $350,000 — reportedly receiving a $25 million bid, has reignited investor excitement around Telegram’s TON-based identity layer.
This event not only highlights growing interest in on-chain digital ownership but also validates Telegram CEO Pavel Durov’s vision of user sovereignty through TON infrastructure.
Technical Structure Favors Push Toward $4 and Beyond
TON has successfully broken above several critical resistance levels. The most recent hurdle at $3.44 has now turned into short-term support. The current structure shows higher lows converging with a horizontal resistance around $3.58, forming a textbook bullish continuation pattern.
TON eyes a breakout with a target near $6.935 resistance. Source: Carl Moon via X
Should Toncoin break and hold above $3.61 — the 1.618 Fibonacci extension — analysts forecast a near-term move toward $3.85 or even $4.00. Beyond this, the longer-term Toncoin price prediction for 2025 still eyes a retest of the $6.93 zone — a resistance level not revisited since 2024.
According to popular crypto analyst Carl Moon, “The breakout from the falling wedge has technically opened up a path to $6.93. With indicators aligning and inflows climbing, TON has the momentum to challenge that target.”
Risks and Support Levels to Watch
While the momentum favors the bulls, traders are advised to watch key support zones should momentum stall. The 0.618 and 0.786 Fibonacci levels at $3.34 and $3.38, respectively, may serve as buffers against potential pullbacks.
Toncoin was trading at around $3.50, up 2.48% in the last 24 hours at press time. Source: Brave New Coin
Additionally, the Volume-Weighted Average Price (VWAP) sits at $3.54, now acting as a strong short-term support. A loss of this level could trigger a dip toward trendline support near $3.30 or even $3.15.
Looking Ahead: Bullish Momentum Intact, But Breakout Confirmation Needed
With technical indicators, on-chain activity, and ecosystem developments all signaling strength, Toncoin’s current price trajectory suggests that a breakout toward $3.85 and possibly $4.00 is on the table. The next key milestone remains a confirmed breach of $3.61, after which momentum could accelerate toward the long-term target of $6.93.
Investors tracking Toncoin price or searching for how to buy Toncoin should closely monitor the price action around current resistance levels and remain alert to shifts in derivatives positioning or on-chain activity.
Source: https://bravenewcoin.com/insights/tonecoin-ton-price-prediction-can-ton-sustain-momentum-and-rally-toward-6-93-as-rsi-and-macd-flash-green