Toncoin Price Forecast – TONUSD Bears Gain Edge as Buyers Struggle

Toncoin Price Forecast – December 25

The Toncoin price forecast shows increasing bearish pressure as buyers encounter resistance at the significant $6.130 level.

Toncoin Long Term Trend: Bearish (Daily Chart)
Key Levels

Support Levels: $5.800, $5.400
Resistance Levels: $6.130, $6.500
Toncoin’s bullish momentum has lost steam at the $6.130 resistance level, which coincides with the middle Bollinger Band. This level has become a critical zone of contention between buyers and sellers. At present, sellers are gaining the upper hand, driving the price lower as buyers struggle to sustain their momentum.

Toncoin Price Forecast – TONUSD Outlook

The RSI (Relative Strength Index) remains bearish, indicating continued selling pressure. The Bollinger Band reflects heightened market volatility, suggesting a potential for further declines.

If sellers maintain their momentum, TONUSD could test the $5.800 support level. A break below this zone might lead to a further decline toward $5.400, a level where buyers have previously initiated rallies.

Conversely, if buyers regroup and overcome the $6.130 resistance level, the price could aim for $6.500. For now, the market leans bearish, with buyers needing to demonstrate stronger resolve to reverse the current trend.

Toncoin Medium Term Trend: Bearish (4-Hour Chart)

On the shorter time frame, sellers remain firmly in control, driving the price lower after a failed attempt to sustain gains near the $6.130 high. The RSI continues to favor sellers, and the Bollinger Band indicates sufficient volatility to support further downside.
If the bearish momentum persists, the price could dip toward $5.750 in the medium term. Buyers will need to defend this level to prevent additional losses. Failure to hold the line could result in a deeper drop, targeting the $5.400 support level. Crypto signals suggest traders remain cautious, given the prevailing bearish sentiment.

Make money without lifting your fingers: Start using a world-class auto trading solution 

How To Buy Lucky Block – Guide, Tips & Insights | Learn 2 Trade

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.