#MarketRebound
✅️Why Toncoin ($TON ) Could Break $10 in 2025?🚨
Toncoin ($TON ) is showing positive signs despite the current decline in the cryptocurrency market, as it retested a strong support level at $4.8, a level that has been stable for 8 months.
The coin is forming a bullish pattern on the weekly timeframe, with a bounce from the 50-week simple moving average (50-SMA) and the 50% level on the Relative Strength Index (RSI), indicating a possible recovery soon.
Reasons to be Optimistic about Toncoin in 2025
1. Ecosystem Growth: TON Network has expanded into a robust Web3 platform powered by Telegram micro-applications.
• Total Value Locked (TVL) has surpassed $247 million.
• Daily active users exceed 5 million thanks to applications such as Notcoin.
2. Telegram support:
• Telegram achieved annual revenues of more than $ 1 billion in 2024, with more than 12 million paid subscribers.
• The company has cash reserves of more than $ 500 million, which greatly supports the TON network.
Future expectations
• If the currency breaks the current triangular pattern, it is expected to see a rise of more than $ 10 in 2025.
• On the other hand, it may retest the support level at $ 4.44 before launching towards its highest levels during the first half of 2025.
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