Toncoin’s price recovery has held above the $2.00 support level after falling to a low of $0.70. Ton price analysis by Coinidol.com.
TON price long-term forecast: bearish
The cryptocurrency has been trading above the $2.00 support but below the moving average lines. The upward price movement has paused below the $2.30 barrier, as the altcoin continues to move within a range above the $2.00 support.
However, selling pressure will resume if the bears break below the $2.00 level, and TON will fall to a low of $0.70. On the upside, TON will resume its bullish trend if buyers push it above the moving average lines, and it will ascend to the next resistance level at $3.62. TON price is currently at $2.22.
TON indicator analysis
The price movement is dominated by Doji candlesticks, indicating that traders are uncertain about market direction. The 21-day SMA and 50-day SMA are trending downward, indicating that the downturn has subsided. The 4-hour chart’s moving average lines are horizontal, indicating a lateral trend.
TON/USD daily chart – October 19, 2025
What is the next move for Toncoin?
TON has begun a sideways rise above the $2.00 support but below the $2.30 barrier. The cryptocurrency price has been oscillating above the current support but below the moving average lines, or the resistance at $2.40. The 50-day SMA, or the $2.30 high, has slowed the upward movement. The altcoin is backtracking toward the lower price range as it maintains its range-bound movement.
TON/USD 4-hour chart – October 19, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.