Analysis of TON Coin price today (December 18, 2024)

The current price of TON Coin ($TON ) is $5.71, the price has decreased by -4.15% in the last 24 hours. Currently, TON is available on 11 exchanges, and in the last 24 hours, 23,428,811 TON coins were traded, totaling $133,874,122 in trading volume.

Today, TON Coin (TON) opened at $5.82. This is -1.82% lower than the opening price. Despite rallying to $5.86, TON Coin (TON) faced resistance and could not maintain the momentum to move higher. From the maximum price in the last 30 and 7 days, its value has decreased by -20.47% and -12.27%, while from the minimum recorded price over the same period, it has increased by 9.68% and 3.64%.

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According to our analysis, TON needs to stay above $5.51 to potentially move towards the first important resistance level at $5.87. A breakout above $5.87 could lead to an increase of TON to the next resistance level at $6.19. The third resistance is at $6.51.

If the price falls, the first support level to watch is $5.51. If this level does not hold, further declines to the next support level of $5.14 may occur.#2024withBinance