Toncoin (TON) has confronted a chronic downturn, struggling to regain upward momentum after a troublesome week. Though it lately recorded a slight each day achieve, the asset stays trapped in bearish territory, buying and selling beneath the $4 mark.
Regardless of this difficult value efficiency, analysts counsel that Toncoin could also be nearing a big accumulation part.
Key Metrics Point out Potential Restoration
Amid these market situations, a CryptoQuant contributor, Crazzyblockk, lately shared an in depth outlook on TON. In a publish titled “TON Enters Key Purchase Zone – A Prime Alternative,” the analyst outlined key findings from the Ton Value Fashions.
These fashions point out that Toncoin has reached the 0.6x 250-day transferring common backside zone—traditionally thought-about a robust accumulation stage. Crazzyblockk notes that this data-driven mannequin suggests TON is undervalued, presenting a possible shopping for alternative for long-term traders.
Notably, the Ton Value Fashions leverage historic information to determine oversold situations and potential entry factors. Based on Crazzyblockk, belongings buying and selling close to 0.6x–0.8x of their 250-day transferring common typically sign robust purchase situations.
Traditionally, these ranges have served as ideally suited accumulation zones earlier than main market upturns. The analyst emphasised that TON’s present value place aligns with earlier setups which have led to vital value recoveries, making it a promising goal for data-driven funding methods.
Toncoin Value Efficiency And Outlook
In the meantime, Toncoin’s value on the upper timeframe has continued to show a bearish transfer. Previously two weeks alone, this metric has fallen by a double-digit of 23.4% and roughly a 54.3% lower away from its all-time excessive of $8.25 registered in June 2024.
Nevertheless zooming in, TON has proven resilience recording a slight enhance of two.8% prior to now day. This uptick though little has been capable of push TON’s value above $3.8 nearing the $4 mark.
Curiously, whereas TON’s value has risen immediately, its each day buying and selling quantity is notably decrease in comparison with final Friday, when the asset was buying and selling at the same value stage. Final Friday, TON’s buying and selling quantity exceeded $214 million. Nevertheless, as of immediately, it has decreased to $161.2 million.
One potential rationalization for this drop in buying and selling quantity could possibly be a shift in investor habits, with some market contributors holding their positions fairly than actively buying and selling, probably in anticipation of continued value appreciation.
Talking of value appreciation, a famend crypto analyst generally known as Ali on X has lately shared an fascinating evaluation on Toncoin utilizing the TD Sequential indicator.
This indicator is a instrument that helps determine potential development reversals and exhaustion factors in value actions. It really works by counting a sequence of consecutive value bars that shut greater (in an uptrend) or decrease (in a downtrend) than earlier bars, forming a sequential rely.
As soon as the rely reaches a sure quantity—typically 9 or 13—the indicator means that the prevailing development could also be dropping momentum and will reverse or pause. Based on Ali, TON is on the verge of a rebound primarily based on this instrument.
#Toncoin $TON is displaying indicators of a possible rebound because the TD Sequential indicator flashes a purchase sign on the weekly chart! pic.twitter.com/nRtabmxjxQ
— Ali (@ali_charts) February 14, 2025
Featured picture created with DALL-E, Chart from TradingView
