Toncoin (TON) has maintained its lower price level and remains firmly above the $2.60 support.
Toncoin price long-term prediction: ranging
Since June 12, the cryptocurrency has fallen into a bearish trend zone, as Coinidol.com wrote. TON is currently trading above the $2.60 support level but below the moving average lines.
Over the past month, the altcoin has been unable to recover above the moving average lines. Today, the bullish momentum is being challenged at the 21-day SMA. If the cryptocurrency falls below the moving average lines, it will decline and find support above $2.60.
Nonetheless, the $2.60 support has been intact since March 2025. TON will resume its uptrend when it breaks above the moving average lines. TON is expected to return to its previous highs of $3.40 and $3.60.
TON price indicators analysis
The moving average lines are sloping downwards and the 21-day SMA is below the 50-day SMA, indicating that TON is likely to fall. However, the altcoin’s fluctuation range will continue as long as the crypto price remains between the moving average lines on the 4-hour chart.
Technical Indicators
Resistance Levels: $6.00, $8.00, $10.00
Support Levels: $5.00, $3.00, $1.00
What is the next move for TON?
Toncoin has held steady above the $2.00 support over the last four months. It is currently trading above the $2.65 support and below the $3.00 level. The altcoin is slipping towards the $2.80 support. If TON finds support above the $2.80 and $2.60 lows, it will bounce back and remain in its current range.
Last week TON reached the lower $2.80 price range and then retreated, as Coinidol.com reported.
Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
