The post Will Toncoin Price Crash to 0? appeared on BitcoinEthereumNews.com.

Toncoin (TON) price has been struggling to regain bullish momentum for the past few weeks. With prices hovering just under $3 and showing consistent weakness across both the daily and hourly charts, many traders are asking the big question—could Toncoin price really crash to 0? Let’s analyze the charts and project what lies ahead. Toncoin Price Prediction: What Does the Daily Chart Reveal? TON/USD 1 Day Chart- TradingView The daily Heikin Ashi chart shows a steady downtrend since mid-April, when Toncoin price hit a local high near $5. The moving average ribbon is clearly stacked in a bearish order. The 20-day SMA ($3.12) and the 50-day SMA ($3.14) are both above the current price of $2.96, and the 100-day and 200-day SMAs are even higher, suggesting that long-term momentum has turned bearish. Recent candles show small-bodied formations, signaling indecision in the market. The price has been unable to close above the $3 psychological level, which now acts as a stiff resistance. Additionally, Toncoin price recently failed to sustain a brief rally in early June and has since formed lower highs and lower lows—a textbook bearish continuation pattern. If we calculate the recent trading range, Toncoin price dropped from approximately $5.20 (April peak) to $2.96 today—a loss of 43% in just two months. That’s a significant erosion of value, and unless a strong bullish reversal kicks in, this trend may persist. Is the Hourly Chart Any Better? TON/USD 1 Hr Chart- TradingView Looking at the 1-hour chart, the picture remains weak. The TON price is trading under the 20, 50, 100, and 200 SMA levels. The 200 SMA stands near $3.09, and with TON price stuck below $2.97, it’s clear that bulls have no real control in the short term. Volume has also dried up, and the presence of flat consolidation…

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Filed under: News - @ June 18, 2025 8:22 am