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Toncoin (TON) Price Prediction 2024, 2025, 2026-2030

    • Bullish TON price prediction for 2024 is $6.069 to $7.042.
    • Toncoin (TON) price might reach $10 soon.
    • Bearish TON price prediction for 2024 is $4.350.

    In this Toncoin (TON) price prediction for 2024, 2025-2030,  we will analyze the price patterns of TON by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

    TABLE OF CONTENTS

    INTRODUCTION

    • Toncoin (TON) Current Market Status
    • What is Toncoin (TON)?
    • Toncoin (TON) 24H Technicals

    TONCOIN (TON) PRICE PREDICTION 2024

    • Toncoin (TON) Support and Resistance Levels
    • Toncoin (TON) Price Prediction 2024 — RVOL, MA, and RSI
    • Toncoin (TON) Price Prediction 2024 — ADX, RVI
    • Comparison of TON with BTC, ETH
    TOCOIN (TON) PRICE PREDICTION 2025, 2026-2030
    CONCLUSION
    FAQ

    Toncoin (TON) Current Market Status

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    Current Price$5.30
    24 – Hour Price Change1.15% Up
    24 – Hour Trading Volume$187,708,791
    Market Cap$13,443,342,676
    Circulating Supply2,536,006,565 TON
    All – Time High$8.24 (On June 15, 2024)  
    All – Time Low$0.3906 (On Sep 20, 2021) 

    TON Current Market Status
    (Source: CoinMarketCap)

    What is Toncoin (TON)

    TICKERTON
    BLOCKCHAINToncoin
    CATEGORYDecentralized Layer-1 Blockchain
    LAUNCHED ON2018
    UTILITIESGovernance, Fast Transactions, gas fees & rewards

    Toncoin (TON) is the native token of The Open Network. TON can pay transaction fees, settle payments, and validate transactions on the Toncoin blockchain, which uses the proof of stake (PoS) consensus model.

    The Open Network, or TON, is a decentralized layer-1 blockchain platform created by the cloud-based instant messaging service, Telegram. TON offers quick, cheap, and energy-efficient transactions. The Open Network is also renowned for its scalability, flexibility, and environmental friendliness.

    Toncoin 24H Technicals

    (Source: TradingView)

    Toncoin (TON) Price Prediction 2024

    Toncoin (TON) ranks 10th on CoinMarketCap in terms of its market capitalization. The overview of the Toncoin price prediction for 2024 is explained below with a daily time frame.

    TON/USDT Ascending Triangle Pattern (Source: TradingView)

    In the above chart, Toncoin (TON) laid out an Ascending Triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows.

    If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern. 

    At the time of analysis, the price of Toncoin (TON) was recorded at $5.30. If the pattern trend continues, then the price of TON might reach the resistance levels of $6.171 and $8.538. If the trend reverses, then the price of TON may fall to the support of $5.195 and $4.472.

    Toncoin (TON) Resistance and Support Levels

    The chart given below elucidates the possible resistance and support levels of Toncoin (TON) in 2024.

    TON/USDT Resistance and Support Levels (Source: TradingView)

    From the above chart, we can analyze and identify the following as resistance and support levels of Toncoin (TON) for 2024.

    Resistance Level 1$6.069
    Resistance Level 2$7.042
    Support Level 1$5.077
    Support Level 2$4.350

    TON Resistance & Support Levels

    Toncoin (TON) Price Prediction 2024 — RVOL, MA, and RSI

    The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (TON) are shown in the chart below.

    TON/USDT RVOL, MA, RSI (Source: TradingView)

    From the readings on the chart above, we can make the following inferences regarding the current Toncoin (TON) market in 2024.

    INDICATORPURPOSEREADINGINFERENCE
    50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $5.490Price = $5.333
    (50MA < Price)
    Bullish/Uptrend
    Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions48.639
    <30 = Oversold
    50-70 = Neutral>70 = Overbought
    Nearly Oversold
    Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

    Toncoin (TON) Price Prediction 2024 — ADX, RVI

    In the below chart, we analyze the strength and volatility of Toncoin (TON) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

    TON/USDT ADX, RVI (Source: TradingView)

    From the readings on the chart above, we can make the following inferences regarding the price momentum of Toncoin (TON).

    INDICATORPURPOSEREADINGINFERENCE
    Average Directional Index (ADX)Strength of the trend momentum17.164Weak Trend
    Relative Volatility Index (RVI)Volatility over a specific period60.30

    <50 = Low
    >50 = High

    High volatility

    Comparison of TON with BTC, ETH

    Let us now compare the price movements of Toncoin (TON) with that of Bitcoin (BTC), and Ethereum (ETH).

    BTC Vs ETH Vs TON Price Comparison (Source: TradingView)

    From the above chart, we can interpret that the price action of TON is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of TON also decreases, when the price of BTC and ETH decreases, the price of TON also increases respectively.

    Toncoin (TON) Price Prediction 2025, 2026 – 2030

    With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Toncoin (TON) between 2025, 2026, 2027, 2028, 2029, and 2030.

    Year Bullish Price Bearish Price
    Toncoin (TON) Price Prediction 2025$12$3.5
    Toncoin (TON) Price Prediction 2026$15$3.7
    Toncoin (TON) Price Prediction 2027$18$3
    Toncoin (TON) Price Prediction 2028$21$2.8
    Toncoin (TON) Price Prediction 2029$24$2.5
    Toncoin (TON) Price Prediction 2030$27$2.3

    Conclusion

    If Toncoin (TON) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Toncoin (TON) price prediction for 2024 is $7.042. Comparatively, if unfavorable sentiment is triggered, the bearish Toncoin (TON) price prediction for 2024 is $4.350. 

    If the market momentum and investors’ sentiment positively elevate, then Toncoin (TON) might hit $10. Furthermore, with future upgrades and advancements in the Toncoin ecosystem, TON might surpass its current all-time high (ATH) of $8.24 and mark its new ATH. 

    FAQ

    1. What is Toncoin (TON)?

    Toncoin (TON) is the native token of The Open Network (TON), a decentralized Layer 1 blockchain network. TON can be used to pay transaction fees, settle payments, or validate transactions on the Toncoin blockchain using the proof of stake (PoS) consensus model.

    2. Where can you purchase Toncoin (TON)?

    Toncoin (TON) has been listed on many crypto exchanges which include OKX, Bybit, DigiFinex, Bitrue, and LBank.

    3. Will Toncoin (TON) reach a new ATH soon?

    With the ongoing developments and upgrades within the Toncoin Platform, TON has a high possibility of reaching its ATH soon.

    4. What is the current all-time high (ATH) of Toncoin (TON)?

    On June 15, 2024, Toncoin (TON) reached its new all-time high (ATH) of $8.24.

    5. What is the lowest price of Toncoin (TON)?

    According to CoinMarketCap, TON hit its all-time low (ATL) of $0.3906, On Sep 20, 2021.

    6. Will Toncoin (TON) reach $10?

    If Toncoin (TON) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon.

    7. What will be Toncoin (TON) price by 2025?

    Toncoin (TON) price is expected to reach $12 by 2025.

    8. What will be Toncoin (TON) price by 2026?

    Toncoin (TON) price is expected to reach $15 by 2026.

    9. What will be Toncoin (TON) price by 2027?

    Toncoin (TON) price is expected to reach $18 by 2027.

    10. What will be Toncoin (TON) price by 2028?

    Toncoin (TON) price is expected to reach $21 by 2028.  

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    Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.



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