Toncoin (TON) Price Prediction for June 2025: Will the Bullish Reversal Hold Above $3.20?
The Toncoin price today is showing signs of upward strength, climbing to $3.24 after breaking past the $3.20 resistance. This upside move follows a consolidation range between $3.00 and $3.20 that held throughout late May. As of June 5, Toncoin price is up nearly 2% intraday, pushing toward a key trendline resistance that may determine the short-term trajectory in June.
What’s Happening With Toncoin’s Price?
On the 4-hour chart, Toncoin has broken above a descending trendline that capped price action since mid-May. This breakout comes alongside support from a rising trendline anchored at the May 27 low. The confluence of ascending support and horizontal breakout above $3.20 suggests bulls are regaining control. The Toncoin price action now faces immediate resistance at $3.28–$3.30, where previous candle rejections stalled upward momentum.
The current structure reflects the end of a falling wedge pattern, which often precedes bullish reversals. However, for the move to sustain, Toncoin must establish strong candle closes above the $3.25–$3.30 band in the next few sessions.
RSI, MACD, and Momentum Outlook
The post Toncoin (TON) Price Prediction for June 2025: Will the Bullish Reversal Hold Above $3.20? appeared first on Coin Edition.
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Toncoin (TON) Price Prediction for June 2025: Will the Bullish Reversal Hold Above $3.20?
The Toncoin price today is showing signs of upward strength, climbing to $3.24 after breaking past the $3.20 resistance. This upside move follows a consolidation range between $3.00 and $3.20 that held throughout late May. As of June 5, Toncoin price is up nearly 2% intraday, pushing toward a key trendline resistance that may determine the short-term trajectory in June.
What’s Happening With Toncoin’s Price?
On the 4-hour chart, Toncoin has broken above a descending trendline that capped price action since mid-May. This breakout comes alongside support from a rising trendline anchored at the May 27 low. The confluence of ascending support and horizontal breakout above $3.20 suggests bulls are regaining control. The Toncoin price action now faces immediate resistance at $3.28–$3.30, where previous candle rejections stalled upward momentum.
The current structure reflects the end of a falling wedge pattern, which often precedes bullish reversals. However, for the move to sustain, Toncoin must establish strong candle closes above the $3.25–$3.30 band in the next few sessions.
RSI, MACD, and Momentum Outlook
The post Toncoin (TON) Price Prediction for June 2025: Will the Bullish Reversal Hold Above $3.20? appeared first on Coin Edition.
Читать больше
SUI Price Prediction for June 07, 2025: Can Bulls Sustain the Recovery Toward $3.40 Resistance?