Toncoin (TON) Demonstrates Strong Accumulation as Technical Breakout Looms

BTCC / BTCC Square / Global Cryptocurrency /

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2025-06-12 09:23:07

[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN] Toncoin TON News -

Toncoin is currently trading at $3.28, marking a 4.16% weekly gain despite minor daily fluctuations. A notable accumulation pattern shows 740 million TON held by 1.21 million wallets at the $3.24 support level—indicating strong holder conviction.

Technical analysts have identified a symmetrical triangle formation, suggesting breakout potential with a 40% upside target. The token now ranks 16th by market cap, surpassing Shiba Inu, while 90% of holders remain profitable—reducing sell pressure.

Trading volume increased by 5.75% to $309 million, reflecting growing market interest. Price projections range from $4.21 in the NEAR term to $7.16 by 2025, contingent on maintaining the $3.24 support zone where significant buy orders are clustered.

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