$TON Price Prediction: $7 Return Close - BeinCrypto Analytics

From a technical point of view, Toncoin’s price has been fluctuating between $5.45 and $5.55 today. Trading at $5.54, BeInCrypto observes consistent green histogram bars with the Bull Bear Power (BBP). This technical oscillator estimated the strength of buyers (bulls) compared to sellers (bears). When the BBP is positive, bulls are in control. However, a negative reading of the indicator gives bears the upper hand.

As seen below, bulls appear to be dominant. This is also happening at a time when the Chaikin Money Flow (CMF) is increasing. Considering the current outlook, Toncoin’s price could be set to run toward $6.48 or as high as $7.27. However, a decline in sellers’ strength might tug the price back. In that situation, TON might drop to $4.95.

At the moment of report, TON is trading at:

- $5.715 on OKX

- $5.719 on WhiteBIT

- $5.716 on KuCoin