Toncoin is trading at 3.49, continuing its movement within a bearish channel and a downward trend. Moving averages indicate a short-term bearish trend for Toncoin. Prices have broken below the signal lines, suggesting seller pressure and the potential for further decline from current levels. The Toncoin forecast for today suggests an attempt to develop a bullish correction for the digital asset and test the resistance area near the 3.85 mark. From there, a bounce down and a continuation of Toncoin’s decline to a potential target below 2.75 is expected.
Toncoin Forecast for February 28, 2025
An additional signal in favor of a decline in TON/USD quotes for tomorrow will be a bounce from the bearish trend line on the RSI indicator. The second signal will be a rebound from the upper boundary of the bearish channel. A strong rise and a breakout of the 4.55 area will cancel the bearish scenario, indicating a breakout of the resistance area and a continuation of the TON/USD price increase with a target above 5.15. Confirmation of a Toncoin decline will be a breakdown of the support area and a close below the 3.35 level.
Toncoin Forecast for February 28, 2025 suggests an attempt to develop a bullish correction and test the resistance area near 3.85. Then, a continuation of the decline to an area below 2.75. An additional signal in favor of Toncoin’s decline will be a trend line test on the RSI indicator. The bearish scenario will be canceled by a strong rise and a breakout of 4.55, indicating a continued rise in the cryptocurrency with a target above 5.15.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
