Toncoin (TON) Price Prediction for August 17, 2025
The post Toncoin (TON) Price Prediction for August 17, 2025 appeared on BitcoinEthereumNews.com.
The price of Toncoin is currently around $3.49, which is a strong level after it fell to a low of $3.14 earlier this month. On the daily chart, TON has been coiling inside a wide accumulation structure. Smart money concepts like BOS and CHoCH show that buyers are slowly gaining control. There is a lot of demand in the $2.90–$3.00 range, and the fact that it keeps getting rejected from $3.70 shows that this is the next big resistance zone. TON has broken out of its broader downtrend from March lows and is now trading above the diagonal trendline resistance. This structural change, together with consistent higher lows since July, suggests strengthening bullish intent. Why Is The Toncoin Price Going Up Today? One reason why the Toncoin price going up today lies in improving liquidity flows. Exchange data shows a positive net inflow of $1.15M on August 16, coinciding with TON’s climb toward $3.50. This indicates renewed market participation on the buy side. On the intraday chart, TON is pressing against the $3.55 resistance after reclaiming the 0.5 Fibonacci retracement level at $3.44. The Parabolic SAR dots have flipped below price, confirming a short-term bullish bias. Bollinger Bands, EMAs, and Market Momentum The 4-hour chart shows Bollinger Bands contracting, with TON now attempting a squeeze breakout. Price is holding above the 20, 50, and 100 EMA cluster between $3.31 and $3.44, showing that the dynamic moving averages are now acting as support. The 200 EMA at $3.39 is also aligned below current levels, adding further stability. Momentum indicators confirm the bullish tilt. The RSI on the 30-minute chart is at 63, staying just below overbought levels but signaling firm demand. MACD has completed a bullish crossover, with the histogram building upward momentum. Directional Movement Index (DMI) shows the +DI leading…
Filed under: News - @ August 16, 2025 3:26 pm