2025-12-28 20:23:32

- TON Coin Price Forecast: TON

The TON coin closed above the descending wedge pattern (which is formed by connecting multiple peaks and troughs with trendlines) on Wednesday. As of Thursday, TON is trading above $1.51.

If TON continues its upward trend, the rally could extend toward its December 10 high of $1.70.

The Relative Strength Index (RSI) indicates 44, trending upward toward the neutral level at 50, suggesting a slowdown in bearish momentum. To ensure the continuation of the bullish momentum, the RSI must surpass the neutral level. The Moving Average Convergence Divergence (MACD) showed a bullish crossover on Tuesday, supporting the positive outlook.

Daily chart of the TON/USDT pair

On the other hand, if TON faces a correction, the decline could extend toward the daily support at $1.43.

TON-1,7%

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Before00zero

2025-12-28 20:22:19

- Blockchain data and Toncoin derivatives indicate an improvement in market sentiment.
Brief data from CryptoQuant suggest positive outlooks, as spot and futures markets for Toncoin show massive buy orders from major investors, a slowdown in the market, and dominance of buying activity. All these factors point to an improvement in trader sentiment, hinting at a potential rise in the coming days.

On the derivatives side, the buy-to-sell position ratio for Toncoin on the CoinGlass platform reached 1.14 on Thursday, approaching its highest level in a month. This ratio exceeding one indicates optimism in the market, with traders expecting the price of Toncoin to rise.

Chart of the buy-to-sell position ratio in the TON index. Source: Coinglass

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Before00zero

· 2025-12-28 20:25

The price of TONE coin (TON) is trading above $1.51 on Thursday after closing above the descending wedge pattern, which favors buyers. Blockchain and derivatives data show a bullish trend, with strong demand from major investors, increased bullish bets among traders, and dominance of the buy side. Technically, momentum indicators suggest a waning bearish market strength, hinting at a potential upward movement in the coming days.

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