Toncoin Price Prediction For Next Week
Hamster Kombat($HMSTR ) Token Generation Event and Telegram Airdrops: Starting on September 26, Hamster Kombat will hold its Token Generation Event (TGE), followed by significant Telegram-based airdrops like X Empire, Major, and MemeFi launching in October. This rise in airdrop activities coincides with Toncoinâs network preparing for a major load test on September 26 at 10:00 UTC.
Previous token launches, such as $DOGS , resulted in extended downtime on the $TON blockchain, showcasing potential risks. However, the current airdrop frenzy might create upward pressure on Toncoinâs value.
Toncoin Price Action and Technical Indicators: EMA and Fibonacci Levels in Focus Toncoin is currently encountering resistance at the 200-day EMA while finding support at the 23.60% Fibonacci retracement level, causing its price to consolidate between $5.90 and $5.45. Despite the potential for a death cross on the chart, bulls seem to be defending the $5.50 psychological level, signaling a possible push against the overhead trendline.
If the wider cryptocurrency market continues to recover, breaking above the trendline could propel Toncoin toward the 78.60% Fibonacci level, targeting $7.42 to $8.18 by the week's end. On the downside, the $5.50 support and $5.00 mark are likely to provide a solid price floor for TON.
On-Chain Data Shows Toncoin Growth Amid Airdrop Anticipation On-chain metrics indicate a rise in new, active, and zero-balance addresses within the TON ecosystem, signaling community readiness for the upcoming events. This growing demand may offer additional support to Toncoinâs price momentum.
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