Toncoin Price Prediction 2024 – 2030: Will TON Price Hit $10 In Q2?

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Toncoin Overview

TON Price Prediction July 2024

With a bullish trend continuation in TON prices, an ascending support trendline is visible in the daily chart. Further, the uptrend respects the 50D EMA to prolong the higher low formation. Currently, the TON price approaches the $8 mark for a breakout rally. Surpassing the 50% Fibonacci level, the Toncoin price anticipates a new all-time high at the psychological mark of $10 with the $8 breakout.

As per the trend-based Fibonacci levels, the uptrend in Toncoin can reach the 1.618 Fibonacci level at $13.25.

Toncoin Price Prediction 2024

If this Ethereum-based project releases significant updates or announces major investments like Pantera Capital or collaborations, the TON crypto price with a potential surge, could reach a maximum of $14.20 by the end of 2024. On the contrary, stricter regulations or a strong bearish reversal could lead the Toncoin price to plunge toward its low of $5.12 this year. With this, the average price of this Layer-1 altcoin could land at $9.66 for the year 2024.

TON Price Prediction 2024 – 2030

Market Analysis

CoinPedia’s Toncoin (TON) Price Prediction

The Ethereum-based Layer-1 (L1) altcoin has been constantly trading under a bullish influence and has displayed a positive price action in both smaller and bigger time frames. This indicates a strong bullish outlook for the Toncoin price during the upcoming time.

According to CoinPedia’s formulated Toncoin (TON) Price Prediction, if the market continues to trade under a positive price sentiment, the TON token will potentially conclude the year with a new all-time high of $14.20. However, if a bearish trend reversal occurs, the Toncoin price may plunge toward its low of $5.12 by the year-end. With this, the average price for this altcoin would be around $9.66 for the year 2024.

Conclusion

Toncoin has gained significant attention from the crypto industry after the investment of Pantera Capital, a leading hedge fund and venture capital. With a market cap of $19.52 Billion, a circulating supply of 2,460,064,528 TON, and a total supply of 5,108,034,406 TON, the Toncoin has jumped approximately 245% this year alone. This has made its investors curious about Toncoin (TON) roadmap of achieving $10 this year! Fear not and dive in as we explore the feasible Toncoin price prediction from the year 2024 up till 2030 and the years to come.

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