The consolidation period can continue with varied price swings, it is a mistake to think that bullish action must develop the following day. Yes, it has been going for more than six months but there tends to be a period of 8-10 months between each bullish wave. Minor or major. There is always a pause in between cycles.
We are looking at Toncoin on the weekly timeframe. Notice how the action is happening below EMA55. This is a bearish signal. TONUSDT is consolidating and we know it will grow but the long-term bullish bias is not yet confirmed. We know it will grow based on past experience, marketwide action and dozens of reversal signals.
Toncoin will grow, a massive bullish cycle. I updated the targets as promised and these are still conservative but stronger than the previous set.
These numbers work long-term and for the life of the project as long as the action is happening below. So these are always good.
Toncoin as TONUSDT is aiming first at $4.62 followed by $6. The dynamics around these levels can be similar to what we saw with XRPUSDT.
The last high, $8.28, can break easily once bullish momentum is strong. There can always be a retrace and some consolidation followed by additional growth. Late 2025 and we start to hit our targets.
You will see Toncoin easily trading at $11.95. Additional targets with a high probability to hit in the coming months are $17.88 and $23.82. Total profits potential goes beyond 600% to the final target.
Thank you for reading.
Namaste.
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