TON Price Prediction May 30: Will Toncoin Hold Above $3.25 After Sudden Spike?
Since May 28, 2025, Toncoin has witnessed a sharp breakout that briefly propelled the Toncoin price above the $3.50 mark before retracing toward the $3.30 zone. This move followed days of tight-range accumulation, which has confirmed the resolution of a descending wedge structure seen across both the daily and 4-hour charts. The sharp wick to $3.70 was quickly rejected, but as of May 29, 2025, today, the pullback continues to hold above key breakout zones, suggesting that bullish intent stays intact.
Strong Breakout and Reclaim of Key Levels Supports Bullish Bias
On the 4-hour chart, Toncoin price today hovers around $3.32, consolidating just above the $3.20–$3.25 area, which now acts as critical support. This zone marked previous horizontal resistance and also overlaps with the 0.5 Fibonacci retracement level from the April decline ($3.23), aligning it as a decisive pivot level for bulls.
The breakout came after Toncoin printed a classic descending wedge, with a compressed range between $3.00 and $3.10, followed by a vertical rally that broke both diagonal and horizontal resistances. This rally carried Toncoin price in…
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TON Price Prediction May 30: Will Toncoin Hold Above $3.25 After Sudden Spike?
Since May 28, 2025, Toncoin has witnessed a sharp breakout that briefly propelled the Toncoin price above the $3.50 mark before retracing toward the $3.30 zone. This move followed days of tight-range accumulation, which has confirmed the resolution of a descending wedge structure seen across both the daily and 4-hour charts. The sharp wick to $3.70 was quickly rejected, but as of May 29, 2025, today, the pullback continues to hold above key breakout zones, suggesting that bullish intent stays intact.
Strong Breakout and Reclaim of Key Levels Supports Bullish Bias
On the 4-hour chart, Toncoin price today hovers around $3.32, consolidating just above the $3.20–$3.25 area, which now acts as critical support. This zone marked previous horizontal resistance and also overlaps with the 0.5 Fibonacci retracement level from the April decline ($3.23), aligning it as a decisive pivot level for bulls.
The breakout came after Toncoin printed a classic descending wedge, with a compressed range between $3.00 and $3.10, followed by a vertical rally that broke both diagonal and horizontal resistances. This rally carried Toncoin price in…
The post TON Price Prediction May 30: Will Toncoin Hold Above $3.25 After Sudden Spike? appeared first on Coin Edition.
Читать больше
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