Toncoin (TON) Price Prediction for July 7, 2025: Breakout Rally Lifts TON Past $3.00 as Buyers Return
2025-07-06 14:56:57
Main Idea
Toncoin (TON) price surged past $3.00 on July 6, 2025, driven by strong buyer interest and technical indicators signaling a bullish breakout.
Key Points
1. Toncoin price broke above $3.00 with a 10% single-day gain, marking its first time above this level since early June.
2. Technical indicators like On-Balance Volume (OBV) and True Strength Index (TSI) show strong bullish momentum.
3. Derivative trading volume surged by 525% to over $733M, with a long/short ratio above 1.5, indicating buyer dominance.
4. The 4-hour chart shows a Bollinger Bands breakout, with price moving from $2.65 to above $3.05, supported by bullish EMA stacking.
5. Short-term outlook suggests potential resistance at $3.20–$3.25, with key support at $2.95–$3.00; a drop below $2.92 could invalidate the breakout.
Description
After months of compression, Toncoin price has finally broken out of a descending triangle that capped upside since late 2024. The breakout comes with a 10% single-day move, lifting Toncoin price today above the $3.00 mark for the first time since early June. Market participants are now assessing whether the move is backed by volume strength and structural support. What’s Happening With Toncoin’s Price? TONUSD price forecast (Source: TradingView) On the daily timeframe, TON had been coiling insi...
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