TON Price Sees 3.7% Gain Despite False Breakout

On March 13, 2025, the TON price faced significant market fluctuations, with bulls attempting to break through key resistance levels while encountering bearish pullbacks. The day began with a bearish trend following the previous day's death cross, but a golden cross at 1:45 UTC allowed buyers to push the price upward toward resistance before retreating to the trading range. Selling pressure resumed with a death cross at 2:35 UTC, driving the price downward. However, an overbought RSI at 4:50 UTC led to new support at $2.681. A golden cross at 5:55 UTC triggered bullish momentum, with another overbought situation at 8:05 UTC. This was followed by another golden cross at 8:40 UTC, fueling an upward breakout attempt that successfully broke resistance at 9:50 UTC.

Despite the bullish momentum, the price faced strong resistance at $2.741, leading to increased selling pressure at 13:25 UTC and a sharp price decline. The bulls regained control at 15:30 UTC with a golden cross, leading to a strong upward surge. A golden cross at 22:15 UTC fueled another upward move, and buying pressure peaked at 22:50 UTC, breaking resistance and hinting at a potential breakout. The price surged to $2.789, but sellers took over at 23:25 UTC, triggering a death cross and forcing the price back into the trading range, confirming a false breakout.

The latest TON price analysis highlights significant volatility, with the price experiencing sharp fluctuations between upward channels, false breakouts, and downward movements. A potential breakout has emerged, and if buyers sustain momentum, the price prediction suggests a move toward the $2.789 – $2.800 resistance zone. However, if bullish pressure weakens and sellers take control, the price could retreat to its current trading range. A further breakdown below the $2.681 support level may trigger bearish momentum, leading to lower price levels. Traders should watch for confirmation signals before expecting a sustained breakout or reversal.

Overall, the TON price analysis for March 13, 2025, indicates a highly volatile market with bulls and bears actively engaging. The key resistance level at $2.741 was tested, and while bulls showed strength in pushing the price upward, the false breakout at $2.789 suggests that sellers remain active. The outcome hinges on whether buyers can sustain their momentum or if sellers will regain control, potentially leading to a downturn. Traders are advised to monitor key support and resistance levels closely for any confirmation signals that could indicate the next significant move for TON.