• Toncoin (TON) trades at $2.20, gaining 2.29% in the past 24 hours.
• Analysts foresee a potential rebound toward $6.65 following a technical wedge pattern.
• Forecasts project price targets between $4.30 and $4.83 by late 2025.

Toncoin (TON) is currently trading at $2.20, marking a 2.29% daily gain. Despite this positive shift, the asset’s 24-hour trading volume fell by 14.68% to $110.07 million, reflecting subdued market participation. Over the past week, TON’s price remained largely unchanged, showing a 0.87% decline, suggesting consolidation rather than strong directional movement.

The broader cryptocurrency market has mirrored similar patterns, with several digital assets attempting to recover from recent corrections. Analysts suggest Toncoin’s steady price behavior could indicate accumulating interest among long-term investors, particularly as it trades near a key technical support level.

Toncoin Near Key Support in Falling Wedge Pattern

According to Rose Premium Signals, a recognized crypto analysis group, Toncoin is showing technical signs of a potential rebound. The analyst highlighted that TON is currently testing the lower boundary of a falling wedge pattern on the 2-day timeframe, a setup often viewed as bullish upon confirmation.

The report notes that smart money investors appear to be accumulating TON near its current support zone. Once a bounce is confirmed, the next potential target levels are forecasted at $2.36, $2.85, $3.60, $4.22, $5.08, and eventually $6.65. This pattern, if validated, could signal a strong upward trend following several weeks of sideways consolidation.

Also Read | Toncoin Forecast: From $2.70 Weakness to a Powerful $5.93 Breakout

Toncoin Price Prediction for 2025

According to DigitalCoinPrice, Toncoin may surpass $4.83 by the end of 2025. The forecast anticipates a possible test of the $8.24 resistance level, which would represent a significant recovery from current prices.

Market experts suggest that TON could stabilize between $4.30 and $4.83 in the medium term, provided broader crypto conditions remain favorable. While short-term fluctuations are expected, sentiment around the coin continues to strengthen as investors monitor its network development and user adoption trends.

If the bullish momentum outlined by analysts materializes, the coin could emerge as one of the standout performers in the altcoin sector in the coming year.

Also Read | Toncoin Price Eyes Breakout: Will TON Break the $4.65 Resistance Soon?