Toncoin (TON) Bucks Bearish Trend, Eyes 29% Upswing by Year-End
Toncoin (TON) is carving out a unique trajectory against a backdrop of widespread crypto market weakness. The asset is currently trading at $1.48, marking a daily decline of 4.24% that still outperforms the sector's average 5.46% drop. Despite significant losses over the past month (35.80%) and year (78.01%), technical indicators are revealing unexpected resilience.
The altcoin recently posted a 1.21% gain against Bitcoin, showcasing relative strength during turbulent market conditions. Analysts project a potential 28.97% rally to $1.92 by December 2025, citing historical volatility patterns. TON's all-time high of $8.27, reached in June 2024, underscores its capacity for dramatic price movements.
Current market dynamics show TON oscillating between $2.36 and $1.25, with a monthly volatility of 13.38%. The token has recorded positive price action on 15 of the last 30 days, suggesting underlying demand persists despite the prevailing bearish sentiment.