• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Toncoin Market Status Amidst Technical Signals

user avatar

by Giorgi Kostiuk

3 months ago


Toncoin shows a small price decline but maintains a stable market position. Technical indicators suggest possible correction.

Current Market Position of Toncoin

Toncoin (TON) is trading at $5.66, with a slight 0.22% dip over the past day. The cryptocurrency's market cap stands at $14.37 billion, maintaining its 14th position in market rankings. Trading volume over the last 24 hours surged by 4.41% to $143.85 million, with a market cap ratio of 1%. Toncoin’s fully diluted valuation is $28.97 billion, and its circulating supply is 2.53 billion out of a total supply of 5.11 billion tokens.

Analysis of Technical Indicators

Technical indicators for Toncoin signal a possible correction. The Relative Strength Index (RSI) is currently at 46.74, below the 14-day average of 53.24, indicating mild bearish sentiment but leaving room for potential rebound if buying pressure increases. Moving averages show a crossover between the 9-day and 21-day lines, indicating short-term bullish momentum.

Potential Future Price Movements

Resistance levels sit near $5.76, while support is firmly established at $5.64. Breaking the resistance could push Toncoin toward $5.80 and beyond. On the downside, falling below the support might drive prices closer to $5.50, testing buyer confidence. The TD Sequential indicator on the 4-hour chart suggests a buy signal, anticipating a rebound in Toncoin's price.

Currently, Toncoin maintains its position in the cryptocurrency rankings despite minor price fluctuations. Technical indicators advise traders to watch resistance and support levels, pointing to the possibility of subsequent growth.

0

Share

Other news

Innovative Bitcoin ETFs by Grayscale: Steady Income for Investors

Grayscale launches Bitcoin Covered Call and Bitcoin Premium Income ETFs for generating stable income by adapting to market volatility.

user avatarGiorgi Kostiuk

a minute ago

Bitcoin Falls Amid Trump's Tariff Plans

The crypto market faced volatility as Trump announced new tariff plans.

user avatarGiorgi Kostiuk

11 minutes ago

Neuralink Starts Brain Implant Trials

Neuralink conducts initial brain implant trials, promising a revolution in neurotechnology.

user avatarGiorgi Kostiuk

11 minutes ago

Major Bitcoin Transfer Sparks Market Fluctuations: Could $103K Be Achieved by April 3?

The transfer of 1,280 BTC worth over $106M leads to market instability and discussions about possibly reaching $103,408 by April 3.

user avatarGiorgi Kostiuk

11 minutes ago

Shibarium Hits 1B Transactions as Shiba Inu Burn Rate Soars 10,000%

Shibarium hits 1B transactions, with a 10,000% SHIB burn rate increase.

user avatarGiorgi Kostiuk

12 minutes ago

Curve Finance Shows Growth and Resilience With $35 Billion in Q1 2025

Curve Finance recorded a 13% increase in trading volume to $35 billion in Q1 2025, solidifying its position in decentralized finance.

user avatarGiorgi Kostiuk

21 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.