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Toncoin Price Forecast – September 26
The Toncoin price forecast reveals a consolidating market as buyers attempt to push for a breakthrough.
TONUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $4.460, $5.000
Resistance Levels: $5.480, $6.000
Toncoin Price Forecast: TONUSD Outlook
The recent consolidation reflects a temporary pause in the buyers’ momentum. This has kept the price trading within a narrow range, with neither side able to take clear control of the market.
Although the TONUSD bulls have yet to break past the $6.000 resistance, signs of a potential breakout remain. The Bollinger Bands indicate increasing volatility, suggesting that the consolidation phase could soon give way to a decisive move.
Additionally, the Momentum indicator is gradually strengthening, which may support the buyers’ efforts to push the price higher. Should the bulls gather enough momentum, a breakout past the $6.000 level could open the door for further gains. However, if they fail to overcome this barrier, the price may retest the $5.000 support zone.
Toncoin Medium Term Trend: Consolidation (4-hour Chart)
In the short term, Toncoin crypto remains in consolidation, with buyers and sellers locked in a struggle. No significant breakout has occurred, as buyers remain cautious. The Bollinger Bands on the 4-hour chart show signs of price accumulation, hinting at the potential for a volatility-driven breakout soon. The Momentum indicator remains subdued, signaling the need for stronger buyer participation to spark a breakout.
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