Toncoin trades at the level of 3.5336, with activity continuing within a strong growth development phase and having left the boundaries of the descending channel. Moving averages indicate the presence of a short-term bearish trend for Toncoin. Prices breached the area with signal lines upwards, which indicates pressure from buyers and potential continuation of movement upwards already from current levels. Within today’s price forecast for TON/USD, there is to be an attempt at a bearish correction of the digital asset value and testing the support region near 3.2500. From where then expected rebound in the prices of the digital coin upwards again with a further attempt to continue the rise of the cryptocurrency Toncoin with potential targets above the level of 4.3500.
Toncoin Forecast TON/USD for May 29, 2025
Additional confirmation of the growth in the value of TON/USD asset by tomorrow will be a rebound off the broken trend line on the Relative Strength Index (RSI) indicator. The second signal will come from a rebound off the upper boundary of the descending channel, which was broken upwards by buyers. Cancellation of the option for cryptocurrency growth becomes a drop and a breakthrough the area 3.0005. This will indicate a break-through the support area and continuation of the decline in TON/USD quotes with a target below the level of 2.6705. Confirmation of the growth of the cryptocurrency comes from breaking through the resistance area and closing the quotes above the level of 3.8005.
Toncoin Forecast TON/USD for May 29, 2025 assumes an attempt to develop a bearish correction of the coin and testing the support area near the level of 3.2500. Then, continuation of growth into the zone above the level of 4.3500. An additional signal in favor of the rise of Toncoin will be a test of the trend line on the Relative Strength Index (RSI) indicator. Cancellation of the upward option will be a drop and breaking through the area of 3.0005. This will indicate continuation of the cryptocurrency’s decline to a target below the level of 2.6705.
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