Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Toncoin is up 6.15% today against the US Dollar
TON/BTC increased by 2.24% today
TON/ETH increased by 3.53% today
Toncoin is currently trading 22.60% below our prediction on Dec 30, 2024
Toncoin dropped -3.75% in the last month and is up 161.80% since 1 year ago
Toncoin price $ 5.87 Toncoin prediction $ 7.58 (30.44%) Sentiment Neutral Fear & Greed index 73 (Greed) Key support levels $ 5.57, $ 5.37, $ 5.26 Key resistance levels $ 5.88, $ 5.99, $ 6.19
TON price is expected to rise by 30.44% in the next 5 days according to our Toncoin price prediction
Toncoin price today is trading at $ 5.87 after gaining 6.15% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.85% in the same time period. TON performed well against BTC today and recorded a 2.24% gain against the world’s largest cryptocurrency.
According to our Toncoin price prediction, TON is expected to reach a price of $ 7.58 by Dec 30, 2024. This would represent a 30.44% price increase for TON in the next 5 days.
TON Price Prediction Chart
Buy/Sell Toncoin
What has been going on with Toncoin in the last 30 days
Toncoin has been displaying a negative trend recently, as the coin lost -3.75% in the last 30-days. The medium-term trend for Toncoin has been bullish, with TON increasing by 2.93% in the last 3 months. The long-term picture for Toncoin has been positive, as TON is currently displaying a 161.80% 1-year price change. On this day last year, TON was trading at $ 2.24.
Toncoin reached its all-time high price on Jun 15, 2024, when the price of TON peaked at $ 8.27. The current TON cycle high is $ 7.17, while the cycle low is at $ 4.49. TON has been displaying low volatility recently – the 1-month volatility of the coin is at 8.16. Toncoin recorded 18 green days in the last 30 days.
Toncoin technical analysis for today - Dec 25, 2024
The sentiment in the Toncoin markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 5.57, $ 5.37 and $ 5.26, while $ 5.88, $ 5.99 and $ 6.19 are the key resistance levels.
Neutral sentiment for Toncoin
20 indicators are currently signaling a bullish prediction for Toncoin, while 7 indicators are showing a bearish forecast. With 74% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Toncoin.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 73 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Toncoin moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Toncoin is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 5.74 (BUY) $ 5.57 (BUY) - - MA5 $ 5.72 (BUY) $ 5.73 (BUY) - - MA10 $ 5.75 (BUY) $ 5.96 (SELL) - - MA21 $ 6.19 (SELL) $ 6.09 (SELL) $ 3.48 (BUY) $ 5.76 (BUY) MA50 $ 5.82 (BUY) $ 5.92 (SELL) $ 3.66 (BUY) $ 5.17 (BUY) MA100 $ 5.57 (BUY) $ 5.81 (BUY) $ 1.90 (BUY) $ 3.78 (BUY) MA200 $ 6.13 (SELL) $ 5.67 (BUY) - -
Period Value Action RSI (14) 45.37 NEUTRAL Stoch RSI (14) 89.10 SELL Stochastic Fast (14) 45.50 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 23.08 NEUTRAL Awesome Oscillator (5, 34) -0.79 NEUTRAL Momentum (10) -0.73 NEUTRAL MACD (12, 26) -0.12 NEUTRAL Williams Percent Range (14) -54.50 NEUTRAL Ultimate Oscillator (7, 14, 28) 50.01 NEUTRAL VWMA (10) 5.57 SELL Hull Moving Average (9) 5.06 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 5.98 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Toncoin is at 45.37, suggesting that TON is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Toncoin over the last 50 days. Currently, Toncoin is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the TON closing price for the last 200 days. TON is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Toncoin prediction
After considering the above factors, we can conclude that the current forecast for Toncoin price prediction is Neutral. TON would have to increase by 30.44% to hit our $ 7.58 target within the next five days. Moving forward, it will be important to monitor the TON market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Toncoin price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.