{"id":1466,"date":"2025-03-28T15:22:00","date_gmt":"2025-03-28T15:22:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=1466"},"modified":"2025-03-28T15:13:07","modified_gmt":"2025-03-28T15:13:07","slug":"toncoin-ton-set-soar-breakout-imminent","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/toncoin-ton-set-soar-breakout-imminent\/","title":{"rendered":"Toncoin (TON) Set to Soar : Is a Major Breakout Imminent ?"},"content":{"rendered":"\n

Toncoin (TON) Ready to Skyrocket ?<\/strong><\/h2>\n\n\n\n

The recovery of Toncoin (TON)<\/strong> is part of the slight bullish trend<\/strong> in the crypto<\/a> market as a whole and in the recent developments involving Telegram’s <\/a>founder, Pavel Durov.<\/p>\n\n\n

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\"TON<\/figure>\n<\/div>\n\n\n

A technical analysis<\/strong> of the weekly chart of Toncoin <\/strong>shows that the price has remained within a long-term bullish channel since the 2021 bull run. However, after a strong rejection at $8.28<\/strong> in mid-2024, TON underwent a brutal correction, eventually testing the ascending support level at $2.90<\/strong>.<\/p>\n\n\n\n

It thus tested the lower parity of its Mean Reversion Channel, surpassing the 50-day moving average. TON has now bounced up to the $4.0<\/strong> range, where it is currently testing the crucial 100-day moving average (100 MA). This level has historically acted as a strong support zone, previously triggering a massive 300%<\/strong> price increase for TON<\/strong>.<\/p>\n\n\n\n

How Far Can TON Go ?<\/strong><\/h2>\n\n\n\n

Subsequently, TON could target its 200-day MA at $4.9<\/strong>. A breakout above it could trigger a wild rally of the TON token. However, it will need to sustain above it.<\/p>\n\n\n

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\"Toncoin<\/figure>\n<\/div>\n\n\n

The MACD <\/strong>(Moving Average Convergence Divergence) indicator is currently attempting a bullish crossover, a signal that often precedes a strong bullish momentum. If TON manages to rise above the 100 MA, it could confirm a new upward trend, potentially pushing the price towards the mid-channel resistance, around $5.48<\/strong>.<\/p>\n\n\n\n

Moreover, Ichimoku <\/strong>has turned green on the daily. In this context, if BTC<\/a> and the market remain bullish, TON should target its protected high at $6.12<\/strong>. If this smart money-protected<\/strong> resistance is broken, then TON <\/strong>could embark on a bullish rally<\/a> of over 300%.<\/p>\n\n\n\n

In conclusion, with TON <\/strong>rebounding from a key support<\/strong>, the potential bullish signal from the MACD, and significant resistance levels in sight, the coming weeks could be crucial for the direction of Toncoin’s trend. If a breakthrough occurs, it could mark the beginning of a broader bullish trend<\/strong> towards higher resistance levels. However, a failure to hold above the 100 MA could lead to further consolidation.<\/p>\n\n\n\n

How to Buy Toncoin (TON) on Weex ?<\/h2>\n\n\n\n

If BTC manages to bounce back, TON could trigger a 23%<\/strong> rally up to its moving average at $4.9<\/strong>.<\/p>\n\n\n\n

Toncoin (TON) is available on the Weex exchange. Here is a practical guide for buying TON<\/strong> before the potential surge of the Telegram token:<\/p>\n\n\n\n

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  1. Create a Weex Account<\/strong>: Visit the official Weex website<\/a> and sign up with your email or phone number.<\/li>\n\n\n\n
  2. Complete KYC Verification<\/strong>: Submit an ID document and, if required, proof of address to pass the KYC verification. This quick step is necessary to access all options.<\/li>\n\n\n\n
  3. Fund Your Wallet<\/strong>: In the “Deposit” section, add funds with cryptos (USDT, BTC, etc.) or via fiat (bank transfer, card, as available). Follow the steps to finalize the deposit.<\/li>\n\n\n\n
  4. Access the Trading Market<\/strong>: Head to “Trading Spot,” search for “TON” in the search bar, and select the TON\/USDT pair.<\/li>\n\n\n\n
  5. Make the Purchase<\/strong>: Opt for a market order for an immediate purchase or a limit order to set a specific price. Enter the desired quantity of TON, verify, and confirm.<\/li>\n<\/ol>\n\n\n\n
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    Buy TON on Weex and receive a bonus<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n