Toncoin's Potential to Reach $5.30 Hinges on Maintaining Crucial Support Level
Toncoin Price Outlook: Moderate Growth and Potential Upside
Toncoin (TON), the native cryptocurrency of the TON blockchain, is currently trading at $3.14, down 5% in the past 24 hours. Despite the recent dip, the outlook for Toncoin in 2025 suggests moderate potential price growth, with forecasts generally ranging between approximately $3.1 and $6.9.
According to various analyses, Toncoin’s price could see significant upside if favorable conditions occur, with some forecasts projecting up to $6.9 in 2025 and possibly reaching around $15 over five years. However, more conservative analyses suggest only modest gains with prices near $3.3–$3.4 by the end of 2025 and slower growth afterward.
The Relative Strength Index (RSI) for Toncoin has eased to 62.08 but remains above its average line at 54.48, indicating that while the bulls still have momentum, it is not as strong as it was in previous days. The Money Flow Index (MFI) for Toncoin is currently at 83.71, placing it in overbought territory, which may indicate that buyers could consolidate or engage in profit-taking.
A critical support level for Toncoin is at $2.87, a price area closely watched by traders. If the assistance at $2.87 holds, the most apparent objective for Toncoin is at roughly $5.30. In case the level of $2.87 is broken, lower supports could be located at approximately $2.23.
The launch of the TON Wallet may increase Toncoin's exposure and potential user base. The TON Wallet, recently rolled out to US-based users by Telegram, reaches over 87 million accounts. The wallet allows for crypto transfers, staking, and stablecoin payments within the app without additional tools, which could boost adoption and demand for Toncoin.
The broader chart shows the price of Toncoin respecting a rising channel that has been in place since early 2023, suggesting continued buyer interest. Higher lows have formed consistently over time in Toncoin's chart, further supporting this notion.
Monitoring ongoing market conditions, regulatory developments, and adoption metrics will be crucial to revising this outlook, as cryptocurrency markets remain volatile and sensitive to ecosystem changes.
[1] Coinpedia, (2023), Toncoin Price Prediction 2025: TON Price Forecast, Retrieved from https://coinpedia.org/ton-price-prediction/ton-price-prediction-2025
[2] CoinQuora, (2023), TON Wallet Launch in the US: What Does It Mean for Toncoin?, Retrieved from https://coinquora.com/ton-wallet-launch-in-the-us-what-does-it-mean-for-toncoin/
[3] CryptoNewsZ, (2023), Toncoin Price Prediction 2025: What to Expect?, Retrieved from https://cryptonewsz.com/ton-price-prediction-2025/
[4] CoinGape, (2023), Toncoin Price Prediction 2025: TON Price Forecast, Retrieved from https://coingape.com/ton-price-prediction-2025/
- The upcoming TON Wallet launch may contribute to Toncoin's growth by potentially increasing exposure and the potential user base, as the wallet allows for crypto transfers, staking, and stablecoin payments within the app without additional tools.
- By engaging in staking, Toncoin holders can contribute to the security and operation of the TON blockchain while earning rewards, which could further drive interest in the cryptocurrency.
- Analyses suggest that Toncoin's price could see a significant upside, with some forecasts indicating up to $6.9 in 2025 and potentially reaching around $15 over the next five years, especially under favorable market conditions. This growth potential, along with the increased user base facilitated by the TON Wallet, underscores the significance of Toncoin in the crypto finance sector.
