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"Toncoin Surge Predicted: From $4.83 to $23.06 by March 2025"

Coin WorldThursday, Jan 30, 2025 6:23 am ET

1min read

Toncoin (TON), the native cryptocurrency of the Telegram Open Network, has been gaining traction recently, driven by growing integration with the popular messaging app Telegram and increased market activity. Despite recent bearish signals, some analysts predict a significant price jump for Toncoin in the coming years.

As of today, Toncoin is trading at around $4.83, with the 50-day and 200-day Simple Moving Averages (SMAs) sitting at $5.54 and $5.88, respectively. The 14-day Relative Strength Index (RSI) is at 36.03, indicating that Toncoin is approaching oversold levels. Over the past month, price swings have been moderate at 4.90%, with an equal share of green and red days. The Fear & Greed Index is currently at 72, placing it in the "Greed" zone, which sometimes signals a market pullback.

Despite these bearish signs, some predictions suggest a major price jump for Toncoin. One bold forecast predicts that Toncoin could surge to $16.00 by March 1, 2025, representing a massive 229.60% gain. However, this prediction does not align with the current market signals.

Looking at the short-term price predictions, Toncoin is expected to inch up to $4.85 by January 31, 2025. By early February, it could see stronger gains, possibly reaching $6.33 by February 4, a solid 31.17% jump. February estimates show a wide range, with prices anywhere from $4.85 to $16.57 and an average of around $9.85. March could bring even bigger moves, with predictions between $15.08 and $23.06, averaging roughly $19.34.

April might see a bit of a pullback, with expected prices between $12.11 and $18.08, settling around $14.64. May is looking steadier, with a projected level of $16.59 to $19.63 and an average of $17.59. By June, TON could exchange anywhere from $12.81 to $17.

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