Mon, November 11

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

Toncoin (TON) Price Prediction Crypto Price Prediction
  • Bullish TON price prediction for 2024 is $8.337 to $12.690.
  • Toncoin (TON) price might reach $10 soon.
  • Bearish TON price prediction for 2024 is $2.956.

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

Current Price $4.58
24 – Hour Price Change 5.34% Down
24 – Hour Trading Volume $213.92M
Market Cap $11.66B
Circulating Supply 2.54B 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 be used to pay transaction fees, settle payments, and validate transactions on the Toncoin blockchain, which uses the proof of stake (PoS) consensus model.

The Open Network, also known as 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 Descending Channel Pattern (Source: TradingView)

In the above chart, Toncoin (TON) laid out a Descending Channel pattern. A descending channel, also known as a falling channel, is a bearish technical analysis pattern formed by two parallel downward-sloping trendlines. The upper trendline connects a series of high points, indicating resistance where the price struggles to rise above, while the lower trendline connects the lower points, acting as support. 

This pattern suggests that sellers are in control, with the price consistently making lower highs and lower lows. Traders often look to sell near the upper trendline and buy near the lower trendline, as the price typically oscillates within this defined range. Overall, the descending channel helps traders identify potential shorting opportunities and assess market sentiment.

At the time of analysis, the price of Toncoin (TON) was recorded at $4.39. If the pattern trend continues, then the price of TON might reach the resistance levels of $5.418 and $6.154. If the trend reverses, then the price of TON may fall to the support of $4.457.

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$8.337
Resistance Level 2$12.690
Support Level 1$4.573
Support Level 2$2.956
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 = $5.291
Price = $4.615
(50MA > Price)
Bearish/Downtrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions30.017
<30 = Oversold
50-70 = Neutral

>70 = Overbought
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 momentum42.262Very Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period20.07

<50 = Low
>50 = High
Low 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$15$2.8
Toncoin (TON) Price Prediction 2026$18$3.2
Toncoin (TON) Price Prediction 2027$19.6$3
Toncoin (TON) Price Prediction 2028$23$2.8
Toncoin (TON) Price Prediction 2029$25$2.5
Toncoin (TON) Price Prediction 2030$30$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 $12.690. Comparatively, if unfavorable sentiment is triggered, the bearish Toncoin (TON) price prediction for 2024 is $2.956. 

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 $15 by 2025.

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

Toncoin (TON) price is expected to reach $18 by 2026.

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

Toncoin (TON) price is expected to reach $19.6 by 2027.

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

Toncoin (TON) price is expected to reach $23 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.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.