Current state of TON (as of July 16, 2025)
Based on information available from web sources and market analyses, here’s an overview of the current situation for Toncoin (TON):
1 Current price:
◦ The price of TON currently ranges around $3.08 to $3.41 according to updates from platforms like CoinMarketCap and CoinGecko.
◦ The coin has seen a rise of 13.55% over the last 24 hours in some reports, indicating short-term bullish momentum.
◦ However, there are notable fluctuations, with the price dropping by -14.90% over the past week in some cases.
2 Market cap and trading volume:
◦ Market cap: Around $8.49 billion, placing TON in the #14 to #16 range among cryptocurrencies.
◦ Daily trading volume: Ranges between $110 million to $715 million over the last 24 hours, reflecting moderate market activity with a decline of -27.20% on some days.
3 Support and resistance levels:
◦ Support level: Around $2.92, which is considered critical for maintaining stability.
◦ Resistance level: Around $2.99 to $3.20, and breaking this level may lead to increased volatility or drive the price up.
4 Market sentiment and technical analysis:
◦ Current technical analysis shows conflicting signals:
▪ Daily buy signal on some platforms like TradingView, reflecting short-term bullish momentum.
▪ Strong sell signal for the TON/USDT pair on a daily timeframe, indicating a potential correction or downward pressure.
◦ General sentiment towards TON is bullish in the short term due to increased interest and its association with the Telegram network, but the market is generally volatile.
5 Influencing factors:
◦ Supply and demand: The price of TON heavily depends on supply and demand dynamics, with increased reliance on the TON network thanks to its decentralized applications.
◦ Whale activity: Movements by large holders may lead to significant fluctuations.
◦ Network developments: Protocol updates and the integration of new applications may support demand for TON.
◦ Regulations: Any regulatory developments, like those faced by Telegram previously, could impact the price negatively or positively.
Trading recommendations for the near days
Given the volatility of the cryptocurrency market, trading decisions should be based on thorough analysis and solid risk management. Here are some recommendations based on the current situation:
1 For short-term traders (Day Trading):
◦ Buy point: Wait for a daily candle close above $3.20 to confirm bullish momentum, as indicated by an analyst on platform X.
◦ First target: The price may reach $4.6 if it breaks the resistance at $3.20, especially with continued bullish sentiment.
◦ Stop-loss: Place a stop-loss order at $2.92 (support level) to reduce risks in case of a downturn.
◦ Strategy: Use technical indicators like RSI (Relative Strength Index) and MACD to confirm the bullish trend before entering. If the indicators show overbought conditions, it may be better to wait for a potential correction.
2 For medium-term traders (Swing Trading):
◦ Buy point: Look for buying opportunities at support levels around $2.92 to $3.00 if a price correction occurs, as this level is considered strong.
◦ Target: Aim for resistance levels at $4.00 to $5.00 in the short to medium term, especially if bullish momentum continues backed by positive news about the TON network.
◦ Stop-loss: Place a stop-loss below $2.80 to avoid significant losses in case of a market drop.
◦ Considerations: Monitor network news, such as protocol updates or increased adoption of decentralized applications, as they can drive the price up.
3 For long-term investors:
◦ Strategy: TON is considered a promising investment due to its association with the Telegram network and scalability.
◦ Buy point: Buying on dips (like $2.80-$3.00) may be suitable for accumulating positions for the long term.
◦ Risks: Regulatory risks and high volatility in the cryptocurrency market should be considered. Only invest what you can afford to lose.
4 Recommended trading platforms:
◦ KuCoin, OKX, Gate.io: These platforms are considered among the most popular for trading TON due to high liquidity and competitive fees.
◦ ChangeNOW: Suitable for instant purchases using credit or debit cards.
◦ Note: Binance currently does not support trading TON, but it provides price updates.
Important warnings
• High volatility: Cryptocurrency markets are known for their volatility, so thorough analysis should be conducted and stop-loss orders used.
• Regulatory risks: Any legal developments, like those faced by Telegram previously, may affect the price.
• Risk management: Do not invest more than you can afford to lose, and consult a financial advisor if necessary.
Short-term forecasts
• Bullish scenario: If the price breaks $3.20 with increased trading volume, it may head towards $4.00 to $4.60 over the coming days.
• Bearish scenario: If the price fails to hold the support level at $2.92, it may drop to $2.80 or lower.
• Monitor news regarding the TON network, such as increased adoption of decentralized applications or protocol updates, as they may significantly impact the price.
If you need deeper analysis or additional details (such as specific technical indicators or charts), let me know and I will assist you!
