📊 Current price and market dynamics
As of May 9, 2025, Toncoin (TON) is trading in the range of $3.29–$3.66, showing a growth of 5.05% over the last 24 hours. However, in the past month, the token has decreased by 32.41%, indicating a short-term correction after previous growth. Over the year, TON has increased by 33.07%, remaining in positive territory compared to May 2024.
📈 Technical analysis: Support, resistance, and indicators
Key support levels: $3.30, $3.22, $3.13
Key resistance levels: $3.48, $3.57, $3.65
Indicators show mixed signals:
RSI (14): 32.31 — neutral zone, close to oversold
MACD: 0.04 — neutral signal
50-day SMA: $4.43 — current price is below, indicating a downward trend
200-day SMA: $5.64 — the price is also below this average, confirming a long-term downward trend
Overall market sentiment remains bearish, with a fear and greed index at 16 (extreme fear), which may indicate a potential entry point for long-term investors.
🔮 Forecasts for May 2025
Analysts propose various scenarios for the development of the TON price:
Short-term forecast: An increase to $4.30 is expected within the next 5 days, representing a rise of 30.09% from the current price.
Medium-term forecast: By the end of May, the price may reach $11.02, representing a growth of 224.74% from current levels.
Long-term forecast: A rise to $19.50 is possible during 2025, depending on market conditions and the development of the TON ecosystem.
💡 Is it worth investing in TON now?
Advantages:
Integration with Telegram: Millions of users can contribute to the mass adoption of TON.
Ecosystem development: Active development of DeFi, NFT, and other applications based on TON.
Growth potential: Predictions indicate
with significant growth potential in 2025.
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