- Toncoin targets an $11 breakout, backed by strong technical signals.
- TON’s daily active addresses surpass Ethereum, fueled by a huge Telegram user base.
- Market analysis suggests TON might dip for liquidity before climbing higher.
Toncoin (TON) is poised for a potential price surge, according to recent technical analyses and market trends. Its integration with Telegram, coupled with increasing adoption, fuels optimism among analysts and investors.
TON’s price is speculated to witness considerable price rise, aiming for as high as a $11 price target. In addition, an analysis chart from Ali charts shows Toncoin’s price movement forming a consolidating triangle pattern, signaling a tightening of prices and a possible breakout.
Market enthusiasts speculate a potential increase to $3.10, which would represent a significant gain. Moreover, the chart details Fibonacci retracement levels, indicating that TON is currently testing a resistance level. A successful breakout could see its value escalate to higher thresholds.
Source ali_charts
Market influencer Ali had posted on X about Toncoin’s potential, proposing a bullish outlook. He notes that TON might…
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