✅ The current situation: $TON is now hovering around $2.90 - $3.00 after a strong rise that occurred in the past months.
🔍 The main reasons that caused TON to rise.
1. Official support from Telegram. Toncoin is now considered the infrastructure for Telegram payments and bot services, giving it a very bright future.
2. The projects being built on TON have seen significant expansion in the number of projects, increasing the demand for the currency itself.
3. Focus on decentralization and network speed. The TON network excels in speed and transaction costs compared to other networks like Ethereum and Solana.
📊 The most important support and resistance levels for TON now.
Support level one: $2.80 → the price has bounced from this level several times, making it a very important level.
Current resistance: $3.10 → if it is breached, we might see a rapid increase.
Support level two (if there is a drop): $2.60 → a level to be cautious at if the price breaks below.
📉 Is it possible for the price to drop?
Yes, if the whole market starts a correction wave or if there is negative news (like a hack or regulatory pressure).
But as long as the market is calm and the US Federal Reserve is not raising interest rates, the situation favors TON.
📈 Short-term forecasts (coming weeks).
Positive scenario: Breaching $3.10 = we could reach $3.50 then $4.00.
Negative scenario: Breaking $2.80 = a temporary drop to $2.50 might occur.
🔥 My opinion if you have $590.
You can divide them like this.
$300 in $TON (an attractive level).
$150 in $ETH (based on market stability).
$140 reserve for buying during correction.
❓Discussion question: Do you think $TON can be one of the top 10 cryptocurrencies in the market? Or do you think it's a temporary trend? Share your opinion! 👇
