TONcoin TON price is ready to rise, isn't it?Against the backdrop of current and planned activities around #TONcoin, we conducted our TA)
We drew a few lines back and forth and here is our verdict:
- by the end of 2024, 1 CRYPTOCAP:TON can cost $15-16).
Of course, you will say that our analysis is full of bullshit and “wishful thinking” and you can do better!
And we completely agree with you!
You can do better, so share your analysis of OKX:TONUSDT in the comments and write your expectations for the possible future price!)
Toncoin
Phemex Analysis #15: TON to the Moon or Back to Earth? For those who read our previous post on PHEMEX:TONUSDT.P (Phemex Analysis #11: TON_Is it Time to Buy the Dip?), we hope you managed to secure a favorable entry point during the dip.
The recent news of TON's inclusion in Binance Launchpool has sent shockwaves through the crypto community. Naturally, the question on everyone's mind is: Will this development significantly impact TON's price?
Let's break down potential scenarios for TON's price movement:
1. Breakout Rise
If the Binance Launchpool listing catalyzes a positive sentiment around TON, we could witness a price surge that breaches the $6.9 resistance level. Accompanied by robust trading volume, TON might then challenge the subsequent resistance levels at $7.6 and $8.2.
It's crucial to remember that such rapid ascents often lack sustainability. Therefore, considering a quick profit-taking strategy might be prudent. As always, the broader market sentiment should be a key factor in your trading decisions.
2. Price Decline
Conversely, if the market remains indifferent to the Binance Launchpool news, TON's price could potentially retest the $4.8 support level or even dip lower. In such a scenario, exercising caution is paramount.
3. Continued Consolidation
There's also a possibility that TON's price will oscillate within a range of $6.0 to $6.9 for an extended period. This consolidation phase can be frustrating, but it's essential to maintain patience and await a clear breakout signal before establishing long or short positions.
Additional Considerations:
Fundamental Analysis: While technical analysis provides valuable insights, it's equally important to consider TON's underlying fundamentals. Factors such as the project's development progress, team strength, and community engagement can influence its long-term trajectory.
Risk Management: Regardless of your chosen strategy, implementing robust risk management practices is non-negotiable. Set stop-loss orders and take-profit levels to protect your capital and secure potential gains.
Diversification: Don't put all your eggs in one basket. Diversifying your crypto portfolio across different assets can help mitigate risks.
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
TON The perfect buy at $4.5-$5 - limit orderLet's set a limit order in case of a significant drop. This coin has great potential and is very powerful.
I recommend simply placing a limit order at the price of $4.5-5, and if it triggers, it will be a very good position.
However, I warn you that it might take a week or two for the limit order to be filled.
TON/USDT Gears Up for a Bullish Breakout: $7.00 in SightThe 1-hour chart for TON/USDT on Binance reveals a clear bullish trend, characterized by a series of higher highs and higher lows. The price action has formed a distinct ascending structure, with each pullback being met with strong buying interest, as indicated by the red support lines.
The current setup shows that the price is consolidating after a strong upward move, forming a small pullback that aligns with previous support levels. This pattern suggests a potential continuation of the bullish trend, with a key resistance level at $7.00 acting as the next major target.
If the price breaks above the recent highs and continues its upward momentum, a rally toward $7.00 could be expected.
TON - Raising to the moon#TON/USDT #Analysis
Description
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+ Price has successfully reversed from the support zone and we are seeing a strong bullish trend.
+ i'm expecting to see a minor pull back before hitting the resistance zone.
+ I see a good opportunity for long trade here.
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VectorAlgo Trade Details
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Entry Price: 6.6
Stop Loss: 5
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Target 1: 7.2
Target 2: 8
Target 3: 10
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
TON is looking bearish - Good for shorting$BINANCE:TONUSDT (1D CHART) Technical Analysis Update
TON is currently trading at $6.8 and showing an overall bearish sentiment. It is around the support zone, which is looking very weak. The price could break down at any moment. This is a good opportunity for a short trade.
Entry level: $ 6.87
Stop Loss Level: $ 8.6
TakeProfit 1: $ 6.487
TakeProfit 2: $ 6.183
TakeProfit 3: $ 5.753
TakeProfit 4: $ 5.226
TakeProfit 5: $ 4.755
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
TON/USDT: Holds Potential for $10.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
TON recently showed a decent rebound after its latest listing on a major exchange. With the price currently at $6.27, it is likely that TON will target $10, potentially breaking above its all-time high level.
The RSI shows a hidden bullish divergence, indicating that a significant bullish rally could be coming soon.
In the long run, TON holds the potential to go massive.
Key levels:
- Support: $4.85.
- Accumulation: CMP to $4.85.
- Resistance/Target: $8-$10.
- RSI: Hidden Bullish Divergence.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Are we looking at a drop or a surge?What do you think? After checking the TON/USDT chart, I noticed some interesting signs of recent buying opportunities at the bottom price. It seems like the price might start to slowly rise from here. Of course, these are just probabilities. I see the price hitting $10 pretty soon, and I hope you like my analysis!
Price reboundTON is currently in a triangular pattern, signaling a balance between buying and selling pressures. This pattern is often considered a precursor to the continuation of the previous trend or a trend reversal.
Support Range:
TON is approaching the identified support range. This support range acts as a crucial point to prevent further price declines and can provide the basis for a price rebound and the start of an upward move.
Resistance Levels:
If the price rebounds from the support range, the key resistance levels are at $0.013 and $0.014. These levels can be considered price targets for an upward move.
Keep TON on your watchlist.
Phemex Analysis #11: TON_Is it Time to Buy the Dip?PHEMEX:TONUSDT.P experienced a meteoric rise from $2 to its all-time high (ATH) of $8.284, representing a staggering 400% increase in just four months. While the broader cryptocurrency market faced a downturn since March, TON demonstrated resilience, continuing its upward trajectory. However, the recent drop below the 1-day 50 EMA and formation of a lower high at $7.64 suggest a potential bearish trend emerging.
Given the current market conditions, investors are pondering whether it's an opportune moment to accumulate TON at a potentially discounted price. It's noteworthy that several prominent institutions, including Pantera Capital and DWF Labs, maintain a bullish outlook on the project.
To navigate the evolving market dynamics, it's essential to consider potential price scenarios:
Consolidation and Subsequent Rally: The price may stabilize around the $6.35 support level before embarking on another upward movement. If TON surpasses its previous ATH of $8.284 with substantial trading volume, it could signal the onset of a sustained bullish trend. In such a scenario, investors might consider chasing the upward momentum to capitalize on potential gains.
Extended Downtrend: Alternatively, the price could breach the $6.35 support level and continue its downward trajectory, seeking support at $6.0, $5.60, or $4.60. These levels could present attractive entry points for long-term investors if a reversal occurs, indicating a potential buying opportunity.
It's crucial to recognize that the TON ecosystem is still in its nascent stages, with substantial growth prospects on the horizon. The project's potential is undeniable.
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TON Coin AnalysisToncoin (TON), has seen remarkable price appreciation from February to July 2024. The TON token price surged from $2.2052 on February 15, 2024, to an all-time high of $8.2889, representing a 375.8% increase. By February 28, 2024, the rally had started, creating significant higher highs and lower lows.
The price appreciation can be attributed to several factors, including the growing adoption and usage of the TON network, the successful launch of the Open League incentives program, and the integration with Telegram's large user base. Additionally, the partnership with Tether to release $60 million of USDT on the TON blockchain has further bolstered the network's credibility and utility. In February, Telegram announced ad revenue sharing, which splits profits 50/50 with channel owners. Most importantly, the revenue is paid out in TON’s native token, Toncoin, and facilitated through the network, further increasing the trading volume.
On the one-day timeframe, TON is forming a rising wedge, which is a sign of a potential bearish reversal. Although there is room for hitting a new all-time high (ATH), we can expect TON to break down from the wedge if no other external factors are involved.
Examining the oscillators in the same timeframe, the Relative Strength Index (RSI) stands at 50.5635, forecasting a neutral sign. However, the MACD level (12, 26) stands at 0.0150, signaling a bearish shade. Moving averages, both SMA and EMA on larger periods, indicate a bullish trend, while the lower periods indicate bearish signals.
#TON/USDT#TON
The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly
We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 6.40
We have a trend to dot higher than the 100 moving average
Entry price 6.65
First target 7.01
Second target 7.30
Third target 7.62
TON Coin: Bullish 'Mews' and News 🚀😺 TON Coin: Bullish 'Mews' and News 🎯📈
The TON blockchain ecosystem is on a remarkable journey with impressive price targets and increasing adoption, particularly in innovative applications like Telegram Cats. Let's delve into the latest price analysis and ecosystem milestones.
Price Analysis:
Initial Entry: Identified in early September, the breakout from consolidation marked the first entry point.
Target 1 ($2.897): The price reached the first target, confirming the bullish trend.
Target 2 ($4.519): The upward trajectory continued, hitting the second target.
Target 3 ($6.996): Momentum carried on to the third target.
Target 4 ($10.347): The next target projects the price to around the 10.347 level, indicating further growth potential.
Target 5 ($16.206): The final target suggests the possibility of the price reaching up to 16.206, showcasing the long-term bullish outlook.
Support and Resistance Levels:
Support: The 6.996 level has now turned into a strong support zone.
Resistance: The current resistance level is at 7.402.
Ecosystem Highlights:
Surpassing Cardano: TON has surpassed Cardano in staking market cap, solidifying its position as a top PoS network. This achievement underscores the growing adoption and robustness of the TON ecosystem.
Binance's Investment in Gaming: Binance's investment in the Telegram-based gaming bot Catizen highlights the integration of TON with mainstream platforms, aiming to enhance blockchain-based gaming experiences.
Telegram Cats & Open League Success: The second season of The Open League saw the blockchain game Catizen top the ecosystem application list, achieving a UAW of 92,936 and over 1 million on-chain transactions. Catizen's success exemplifies TON's commitment to fostering innovation and competition within its ecosystem. This playful integration with Telegram has significantly boosted user engagement and adoption.
What's Next?:
With strategic investments and continuous innovation, TON is poised for further growth and adoption.
The success of The Open League and projects like Catizen showcases the vibrant and competitive environment within the TON ecosystem, promising more groundbreaking projects in future seasons.
Investors and stakeholders should stay tuned to TON's ongoing developments and strategic initiatives, as the network continues to strengthen its position in the blockchain space.
One Love,
The FXPROFESSOR 💙
References
Previous Posts:
Telegram's TON Coin: A Rollercoaster Ride
Telegram's Blockchain Supercomputer
Telegram's TON Coin: A Rollercoaster Ride
News Sources:
TON Surpasses Cardano in Staking Market Cap
Binance Invests in Telegram Gaming Bot Catizen
The Open League's Second Season Ends
Potential upward movement towards $7.7After touching the support level of $6.77, the price of TON has moved upwards and is currently fluctuating between the $6.85 and $7.7 levels. This fluctuation indicates that the market has not yet made a decisive move in its next direction.
The likely scenario is that after a price drop to the lower channel boundary at $6.85, it will resume its upward movement towards the price target of $7.7.
TON buy setupThe symbol TON is one of the good currencies of the market, which has been in a bullish structure for some time
I consider a POI range for TON which can reject the price to the upside.
I have specified the targets on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Where to buy TON?The big structure of TON is bullish, but with the bearish CH we see on the chart, it seems that it intends to make a range or make an internal pullback.
The green area is where we look for buy/long positions.
The target can be the red box.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Opportunity to Buy TON in the Next One to Two WeeksCurrently, TON is showing a triangle breakdown. The support level around $6.25could hold it well, but there is a possibility that the price dip further, potentially reaching the $5.75 area. This could present a good buying opportunity at lower prices. It’s important to monitor the situation closely once the price approaches this level to make an informed decision.
Things you might like:
- Trend Key Points Indicator have been used to draw important key levels and key points.
- Abnormal Pin Bar indicator
- You can use Big Moves Indicator to be aware of major moves on the chart by marking them and getting alert for them.
TONUSDT Trade SetupTON looks good for a long entry. A nice rebound has taken place with the price currently facing a 50 EMA resistance at $7.321.
Entry: $7.062 to CMP.
Stop loss: $6.936.
Leverage: 5x to 10x.
R:R: 3:11.
Targets: $7.534, $7.732, $7.935, $8.235.
Accumulate the dip and use SL for a safe trade.
DYOR, NFA.
Thanks
#TON #Crypto
The last bullish chance of TONCOIN in short-term !!OKX:TONUSDT
TON is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TONCOIN🚀 TONUSDT Trading Analysis 🚀
📊 This chart for TON/USDT on the 1-hour timeframe shows a significant downtrend line (black) that has been recently broken, signaling potential upward movement. 📈
Key Levels:
Resistance Zone (Red): 7.254 - 7.500 ❌
Support Zone (Red): 7.085 - 7.162 ✅
Major Support Zone (Green): 6.370 - 6.460 🟢
Target Prices (TP) 🎯:
TP-1: 7.382
TP-2: 7.548
TP-3: 7.664
TP-4: 7.849
TP-5: 8.053
TP-6: 8.087
TP-7: 8.112
Analysis 🔍:
The trader expects the price to rise after breaking the downtrend line, targeting the levels mentioned above. Entry and exit points are:
Entry Point: Around 7.321 (just above the support zone) 📌
Targets: From 7.382 to 8.112 📈
Stop Loss: Around 7.085 (below the support zone) 🛑
Strengths & Weaknesses:
Strengths: Breaking the downtrend line and proximity to the support zone 💪
Weaknesses: Strong resistance zones ahead 🚧
Overall, this is a long trade setup expecting a gradual upward movement towards the target prices based on technical analysis. 📉➡️📈