Toncoin (TON) Primed for Breakout: Symmetrical Triangle Signals Imminent Surge

Toncoin coils like a spring—technical pattern suggests explosive upside ahead.

Subheading: The Setup

A textbook symmetrical triangle has formed on TON''s daily chart, tightening volatility as traders brace for resolution. These patterns typically break in the direction of the prior trend—and Toncoin''s last leg was decisively bullish.

Subheading: The Stakes

With the entire crypto market holding its breath for the next macro move, TON''s technical posture stands out. No guarantees in this casino—err, asset class—but the risk/reward here smells better than most Wall Street ''sure things''.

Watch for a confirmed breakout above resistance or breakdown below support. Either way, this sleeping giant won''t stay quiet for long.

TLDR

• Toncoin is trading at $3.28-$3.30 with 4.16% weekly gains despite minor daily decline
• 740 million TON tokens accumulated across 1.21 million wallets at $3.24 support level
• Technical analysts predict potential 40% breakout from symmetrical triangle pattern
• 90% of TON holders currently profitable, reducing selling pressure
• Price targets range from $4.21 to potential highs of $7.16 by end of 2025

Toncoin is currently trading at $3.28, showing a small 1.79% decline over the past 24 hours. Despite this minor drop, the cryptocurrency has posted solid weekly gains of 4.16%. Trading volume has increased by 5.75% to $309.53 million, indicating growing investor interest.

The most striking development is the massive accumulation pattern forming around current price levels. Data shows that 1.21 million unique wallets have gathered exactly 740 million TON tokens at the $3.24 price level. This represents one of the largest concentrated support zones ever recorded in the cryptocurrency market.

This accumulation goes against typical market behavior where large positions are usually spread across multiple price levels. The concentrated ownership at a single price point suggests strong holder conviction and reluctance to sell at current levels.

TON has recently improved its market position by overtaking shiba inu to reach 16th place in global cryptocurrency rankings. The cryptocurrency now has its sights set on Stellar for the 15th spot. Higher rankings typically attract more institutional attention and exchange listings.

The profitability profile of TON holders remains strong. Currently, 889.87 million TON tokens worth $2.93 billion are “In The Money,” meaning 90.26% of all holders are profitable. Only 95.46 million TON tokens worth $314.32 million are underwater.

Technical Analysis Points to Breakout

From a technical perspective, Toncoin is forming a symmetrical triangle pattern on daily charts. Technical analyst Ali Martinez suggests this pattern could lead to a 40% breakout, though the direction remains uncertain.

#Toncoin $TON continues to coil within a triangle, setting the stage for a potential 40% price MOVE upon breakout! pic.twitter.com/eRp3lFRW9q

— Ali (@ali_charts) June 9, 2025

The triangle pattern shows converging trendlines that have contained TON’s price movement for several months. The upper resistance line has repeatedly stopped upward moves, while the lower support line has consistently attracted buyers.

TON is currently trading at $3.30, sitting comfortably above the key $3.24 support zone where the massive accumulation has occurred. This positioning shows the cryptocurrency has found stability above the major holder base.

Trading volume of $785.66 million in the last 24 hours, down just 0.64%, indicates that selling pressure remains controlled and not panic-driven. The volume surge of 394.50% as of June 11 supports the bullish outlook according to market data.

Price Predictions Target Higher Levels

Cryptocurrency analysts VipRoseTr believe TON is positioned for upward movement after trading in a narrow range. Chart analysis shows indicators suggesting TON is ready to break out from its consolidation phase.

💰 #TON $TON

Compression is over👀

Looking for an upward breakout on $TON 📈

1st Target – 4.21$
2nd Target – 4.777$
3rd Target – 5.35$
4th Target – 6.16$ pic.twitter.com/3NYI7C2umq

— ROSE Premium Signals 🌹 (@VipRoseTr) June 11, 2025

If prices move higher, initial targets include $4.21, followed by potential climbs to $4.77, $5.35, and possibly $6.16. These predictions are based on historical patterns where prices increased after periods of low volatility.

DigitalCoinPrice forecasts TON could exceed $7.16 by the end of 2025 and might reach its previous high of $8.24. Changelly predicts that in June 2025, the price could move between $3.61 and $8.09, with an average around $5.85.

The descending trendline from mid-2023 has led into a consolidation phase around the $3.00-$3.50 zone. Analysts interpret this compression as market pressure building up for release.

Green candlesticks appearing after consolidation, combined with rising volume, indicate growing bullish momentum. The compression pattern is often seen as a prelude to trend reversals.

Multiple scenarios emerge based on current technical setup. A bullish scenario with 45% probability could see a break above triangle resistance triggering the anticipated 40% move toward $4.60-$4.80. A consolidation scenario with 35% probability may see continued range trading using $3.24 as support. A bearish scenario with 20% probability WOULD require breaking below the massive $3.24 support zone, potentially targeting $2.80-$3.00.

The substantial accumulation at current levels makes downward movement less probable given the concentrated holder base and high profitability rates among existing investors.