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Toncoin (TON) Shows Resilience, Poised for Potential 28% Rally to $2.02

Toncoin (TON) Shows Resilience, Poised for Potential 28% Rally to $2.02

Author:

Global Cryptocurrency

Published:

2025-12-12 12:06:11

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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN] Toncoin TON News -

Toncoin (TON) is displaying signs of a potential breakout despite recent bearish pressure. The cryptocurrency currently trades at $1.58, down 3.07% over the last 24 hours, yet technical analysis suggests a possible 28% surge to $2.02 by mid-December.

Market sentiment remains fragile after TON lost 23.92% this month and 50.12% over the past three months. The token currently sits 73.82% below its price from December 2023, a stark contrast to its all-time high (ATH) of $8.27 reached in June 2024.

Traders note the $1.25-$2.36 range has become a key battleground, with bulls defending support levels against overwhelming fear sentiment. 'Markets reward the bold,' remarked one analyst, highlighting the token's 0.08% outperformance against Bitcoin during the recent downturn as a potential sign of underlying strength.

By:

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