TON Price Surges 15% Amid Volatile Trading

On March 12, 2025, the TON price exhibited a remarkable recovery from a low of $0.2354, demonstrating substantial volatility throughout the trading session. The day commenced with a death cross on the MACD line, initiating a downward trend that reached the support level of $2.354. However, a subsequent golden cross at 1:25 UTC sparked an upward channel, propelling the price higher. This rally was reinforced by overbought RSI conditions at 5:10 UTC and 8:10 UTC, driving the price towards the resistance level of $2.660. Despite a brief bearish shift indicated by a death cross at 12:05 UTC, another golden cross at 15:05 UTC signaled the start of a fresh upward trend, resulting in a breakout. The price continued to rise, hitting resistance at $2.739 before a death cross at 19:25 UTC indicated trend exhaustion and a downward move. Oversold RSI readings at 23:30 UTC and 23:45 UTC forced a retracement, with the previous resistance level turning into temporary support, stabilizing the price.

The following day, March 12, 2025, began with an upward move as the MACD line formed a golden cross at 00:15 UTC. The price climbed, reaching an overbought RSI at 1:50 UTC. However, a death cross at 2:20 UTC triggered a downward trend, bringing the price into the trading range. An oversold RSI at 4:40 UTC helped establish support at $2.590. A golden cross at 4:45 UTC led to price fluctuations, and overbought conditions at 5:55 UTC, 7:50 UTC, and 8:50 UTC pushed the price higher.

The TON price analysis for March 12, 2025, underscores significant price movements, with a breakout and fluctuations shaping the market. The price demonstrated resilience, testing key levels as traders evaluated the next move. If the bullish momentum persists, the price could surpass the $2.739 resistance, opening the door for further gains. Conversely, if bearish pressure intensifies, it could fall below the $2.590 support, indicating a potential decline. The TON price prediction remains uncertain, with market trends hinging on momentum shifts. Traders should monitor for confirmation of either a breakout or breakdown to anticipate the next move.