Toncoin Price Forecast - TONUSD Buyers Face Rejection

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Toncoin Price Forecast – March

Toncoin price forecast indicates that the market is experiencing sustained selling pressure after falling below the critical level of $3.3920.

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

Support Levels: $2.960, $2.680
Resistance Levels: $3.3920, $3.5000
Throughout the year, Toncoin’s price has struggled to align with buyer sentiment, as sellers have consistently driven the market downward. After reaching a peak at the $6.000 key area, Toncoin has experienced a significant decline, now hovering around the $2.960 zone.

Toncoin Price Forecast – TONUSD Outlook

Given the current market conditions, sellers may continue exerting pressure, potentially pushing prices toward the next support level at $2.680. As the downward trend persists, further bearish movements may unfold over time.

The Momentum indicator suggests that buyers have been under sustained pressure for an extended period, indicating that a strong recovery may take time. On the daily time frame, sellers maintain firm control, and further declines could be expected as the market continues to weaken.

Both the MACD (Moving Average Convergence Divergence) and Momentum indicators confirm that sellers remain dominant, reinforcing the bearish outlook for Toncoin in the near term.

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

In the short term, Toncoin’s outlook remains bearish as sellers continue to dominate the market. Without a significant shift in buyer sentiment or an increase in buying pressure, the price may continue to decline.
Traders should closely monitor key support levels, particularly at $2.960 and $2.680, as these could play a crucial role in determining the next movement of Toncoin. Crypto signals may offer additional insights into potential shifts in market momentum.

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