Toncoin (TON) Eyes $3.11: Is the Crypto Set for a Major Rally?

Toncoin (TON) is currently trading at $1.73 as of the latest market session, representing a 2.3% increase over the last 24 hours. Despite this gain, trading activity has decreased significantly, with 24-hour volume standing at $69.8 million, a drop of 43.74% compared to previous sessions. Over the past seven days, TON has remained relatively stable, declining slightly by 0.58%.

Source: CoinMarketCap

Market analysts suggest that the cryptocurrency’s current stability reflects cautious investor sentiment, with traders closely monitoring support and resistance levels. As a result, the short-term market outlook appears subdued, even as minor price movements offer opportunities for technical trading.

TON Price Drops 15% from Recent High

Crypto analyst Umair Crypto notes that TON has experienced a roughly 15% correction from its recent peak, bringing the price close to $1.71. The decline has broken the Relative Strength Index (RSI) trendline, weakening prospects for an immediate price reversal.

With the RSI hovering around the neutral 50 mark, there is a window for a technical bounce; however, momentum is no longer strongly supportive of upward movement.

From a structural standpoint, TON remains constructive as long as it trades above the 50-day Simple Moving Average (SMA). If the price fall below $1.64, analysts warn that the current holding pattern may fail, opening the possibility for further declines toward $1.42 or lower.

Recovery would require renewed momentum, emphasizing the importance of monitoring key technical levels in the coming days.

Source: X

Also Read | Toncoin (TON) Price Forecast: 28% Surge Despite Bearish Signals

TON Price Prediction for 2026

According to DigitalCoinPrice, TON could reach $3.11 by the end of 2026, with the potential to surpass its previous all-time high of $8.24. Market experts suggest that intermediate targets between $2.65 and $3.11 may act as milestones, reflecting growing investor optimism.

These projections are supported by market trends and broader adoption indicators, though volatility remains an inherent risk in the cryptocurrency sector. As Toncoin seeks to recover and build momentum, traders and investors are advised to consider both technical signals and macroeconomic factors when assessing potential gains.

Also Read | Toncoin (TON) Set to Soar: Price Target $3.21 in 2026!