Toncoin (TON) Price Prediction: Toncoin Defends $3.30 Support—Keeps $4 Breakout Hope Alive
The post Toncoin (TON) Price Prediction: Toncoin Defends $3.30 Support—Keeps $4 Breakout Hope Alive appeared on BitcoinEthereumNews.com.
Toncoin (TON) has been demonstrating resilience despite a broad crypto market downturn. While many major tokens are experiencing declines, TON has managed to hold steady around $3.30, keeping hopes alive for a potential breakout toward the $4 mark. Recent trading data shows Toncoin (TON/USDT) moving within a range of $3.30 to $3.75, with daily trading volumes around $18.78 million USDT. This steady activity indicates sustained buying interest from investors and traders alike, reinforcing confidence in the token’s short-term prospects. Toncoin Price Chart Highlights Recovery Toncoin’s journey back from lows of $2.60 in late June has attracted attention. The consistent upward trend over the past weeks signals renewed confidence among traders. Chart patterns suggest that if TON breaks through today’s resistance at $3.75, the token could make a swift run at the psychological $4 level. Toncoin (TON/USD) traders are eyeing a bullish move with layered buy entries between $3.49–$3.36, a stop loss at $3.26, and a breakout target of $4.00. Source: The-Thief on TradingView Technical indicators also point to a cautious but optimistic scenario. Green candle formations and increasing trading activity suggest bullish sentiment, although investors are advised to monitor consolidation zones carefully. Adoption Could Drive Long-Term Gains Aside from near-term price action, Toncoin integration into the Telegram network remains a strong growth catalyst. Unlike other blockchain networks, TON natively resides within the messaging app, where users can subscribe to Telegram Premium and support creators of content. With over 900 million Telegram users worldwide, an increasing adoption rate could quite strongly enhance Toncoin demand. Toncoin (TON) is holding strong at $3.71, defying the broader market decline and keeping momentum alive for a potential breakout above the key $4 level this August. Source: Crypto Alex on CoinMarketCap As highlighted in a recent analysis, “A hike in decentralized apps on the network, more…
Filed under: News - @ August 20, 2025 1:29 am