Toncoin (TON) Shows Bullish Potential: Technical Analysis Points to $3.70 Target by September 2025
Toncoin (TON) has broken out of its broader downtrend, displaying bullish momentum as it trades above key exponential moving averages. Currently priced at $3.50, technical indicators suggest a potential 15% rally toward the $3.70 resistance level by September 2025.
Analysts from CoinEdition and Ainvest identify $3.70 as the immediate target, noting TON's breakout above diagonal trendline resistance and its reclaiming of the 0.5 Fibonacci retracement level at $3.44. The medium-term forecast suggests a trading range between $3.70 and $4.00, representing a 5.7% to 14.3% upside from current levels.
However, not all analysts share this optimism. CoinCodex maintains a bearish outlook, projecting a decline to $2.61—a 23% drop from current prices. This divergence underscores the ongoing debate about TON's near-term trajectory.