This week's status of TON:
Based on information available from web sources and X posts, here is an analysis of the status of Toncoin (TON) for this week (as of June 22, 2025):
1 Current price and recent performance:
◦ According to CoinGecko, TON is trading at around $2.7232.
◦ Over the past week, the price of TON decreased by -1.92%, while showing relatively stable monthly performance with a slight increase of 0.01%.
◦ The coin has historically experienced significant volatility, with an all-time high of BTC0.0001683 and a low of BTC0.00001015, reflecting its volatile nature.
2 Market analysis:
◦ Support and resistance: Posts on X indicate that TON recently bounced above a strong support level at $2.82, with the potential to break the downtrend line, which could push the price towards $3.40 as an initial resistance level.
◦ Technical indicators: Previous analyses (April 2025) indicated a sequential buy signal (TD Sequential) and a descending wedge pattern, suggesting a potential rise of 10-15% if TON breaks resistance levels at $3.10-$3.20.
◦ Liquidity and trading volume: The trading volume over the past 24 hours reached approximately $110.4 million, down -27.20% from the previous day, indicating a decline in market activity.
◦ Market capitalization: The market cap of TON is approximately $13.85-14.53 billion according to sources, ranking it #14 on CoinGecko.
3 Influencing factors:
◦ Supply and demand: The value of TON heavily depends on supply and demand dynamics, as increased reliance on the TON network or protocol updates can affect the price.
◦ Whale activity: The movements of large TON holders could affect the price, especially in the case of large sell orders.
◦ Technological developments: The TON ecosystem, with its fast transactions and scalability, enhances its appeal as a platform for decentralized applications (DApps).
◦ Market volatility: Cryptocurrency markets are highly volatile, and TON may be affected by global economic or political events, as seen with Bitcoin's decline due to geopolitical tensions.
Trading recommendations:
Warning: Trading cryptocurrencies involves high risks due to extreme volatility. Conduct your own research (DYOR) and consult a financial advisor before making any investment decisions.
1 Short-term trading strategy:
◦ Entry point: If TON maintains support at $2.82, this could be a good entry point for bullish trading with a price target of $3.40.
◦ Exit point: Set stop-loss orders below the $2.82 level to avoid negative reversals.
◦ Technical indicators: Watch indicators like TD Sequential and the descending wedge pattern. Breaking the upper bound of the wedge with increased trading volume may confirm the bullish trend.
2 Long-term trading strategy:
◦ HODL: If you believe in the potential of the TON network (fast transactions, decentralized applications), long-term investment could be a good option, especially with ongoing technological developments.
◦ Portfolio diversification: Do not invest all your capital in TON due to volatility. Diversify your investments across other cryptocurrencies like BTC or ETH to reduce risks.
3 Trading platforms:
◦ Gate.io: Offers spot trading and futures for TON with high liquidity and competitive fees.
◦ KuCoin: The most popular for trading the TON/USDT pair with high daily trading volume.
◦ CoinEx: A secure platform supporting TON trading with an easy-to-use interface.
◦ Note: TON is currently not available for trading on Binance, but its prices can be tracked there.
4 Risk management:
◦ Use leverage cautiously (like 10:1 on platforms like Equiti) as it increases risks.
◦ Monitor news related to regulations or geopolitical events that may affect the cryptocurrency market.
◦ Have a clear trading plan that defines entry and exit points and risk management levels.
Summary:
• Current price: Approximately $2.72-$2.82 with strong support at $2.82 and a potential target at $3.40.
• Trend: Potential bullish signals if TON breaks resistance levels, but the market remains volatile.
• Recommendation: Short-term trading at support levels with a tightened stop-loss, or long-term investment if you believe in the potential of the TON network. Use reliable platforms like Gate.io or KuCoin, and be cautious of high risks.
Final warning: Prices are volatile, and investing in cryptocurrencies carries significant risks. Conduct your own analysis and do not rely solely on recommendations.
