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Home»Cryptocurrencies»Toncoin Backtracks As It Faces the $2.30 Hurdle
Cryptocurrencies

Toncoin Backtracks As It Faces the $2.30 Hurdle

EditorialBy EditorialOctober 20, 2025No Comments2 Mins Read
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Toncoin Backtracks As It Faces the .30 Hurdle
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Oct 20, 2025 at 19:34 // Value

Toncoin’s worth restoration has held above the $2.00 assist stage after falling to a low of $0.70. Ton worth evaluation by Coinidol.com.

TON worth long-term forecast: bearish


The cryptocurrency has been buying and selling above the $2.00 assist however beneath the shifting common strains. The upward worth motion has paused beneath the $2.30 barrier, because the altcoin continues to maneuver inside a variety above the $2.00 assist.


Nonetheless, promoting strain will resume if the bears break beneath the $2.00 stage, and TON will fall to a low of $0.70. On the upside, TON will resume its bullish development if patrons push it above the shifting common strains, and it’ll ascend to the subsequent resistance stage at $3.62. TON worth is at present at $2.22.

TON indicator evaluation


The value motion is dominated by Doji candlesticks, indicating that merchants are unsure about market route. The 21-day SMA and 50-day SMA are trending downward, indicating that the downturn has subsided. The 4-hour chart’s shifting common strains are horizontal, indicating a lateral development.


TONUSD_(Daily Chart) - OCT.19, 2025


TON/USD every day chart – October 19, 2025

What’s the subsequent transfer for Toncoin?


TON has begun a sideways rise above the $2.00 assist however beneath the $2.30 barrier. The cryptocurrency worth has been oscillating above the present assist however beneath the shifting common strains, or the resistance at $2.40. The 50-day SMA, or the $2.30 excessive, has slowed the upward motion. The altcoin is backtracking towards the lower cost vary because it maintains its range-bound motion.


TONUSD_(4-hour Chart) - OCT.19, 2025


TON/USD 4-hour chart – October 19, 2025


Disclaimer. This evaluation and forecast are the non-public opinions of the creator. The info supplied is collected by the creator and isn’t sponsored by any firm or token developer. This isn’t a advice to purchase or promote cryptocurrency and shouldn’t be considered as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.

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