$TON Price Prediction: $7 Is Within Reach - BeinCrypto Analytics

On the daily chart, Toncoin shows a solid support zone around $4.95, suggesting it may avoid another significant correction. This position might help TON resist falling below $5.

The green histogram bars displayed by the Awesome Oscillator (AO) support this outlook, as the AO measures momentum and price trends by comparing short- and long-term moving averages. Although the current AO reading is negative, indicating a bearish trend, the green bars suggest that the decline might be short-lived.

As a result, TON’s price could see a quick bounce, potentially targeting $6.69. In highly bullish conditions, it might even reach $7.61. However, if TON slips below $5, it could drop further, possibly below $4.95.