Toncoin Set for 28% Surge? Short-Term Forecast Shows Potential

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• Toncoin is trading at $1.37 after a 4.36% drop in 24 hours.
  
• Technical indicators show mixed signals amid extreme fear.
  
• Short-term forecast predicts a 28% rebound to $1.78 by Feb 24, 2026.

Toncoin (TON) is navigating a challenging market environment, with the token currently trading at $1.37 after a 4.36% drop in the past 24 hours. This decline surpasses the broader crypto market’s 3.38% decrease, signaling a cautious sentiment among investors. Despite these setbacks, some forecasts suggest a possible rebound that could reignite optimism in the short term.

Recent Performance Highlights Weak Momentum

Over the past month, Toncoin has fallen 11.98%, with a three-month loss of 8.17%, and a year-to-date decline of 61.70% from $3.57. Its all-time high of $8.27, reached on June 15, 2024, now seems distant as the token fluctuates between $1.14 and $1.51. Low volatility, measured at 5.57% over the past 30 days, and only 13 days closing in green, indicates limited market activity.

Despite these figures, some analysts view the subdued movement as a potential foundation for recovery. “Weak momentum can often precede sharp rebounds,” notes market observers.

Technical Indicators Show Mixed Signals

Toncoin’s technical outlook presents a split picture. Of 29 key indicators, 23 suggest a bearish trend while six lean bullish. The Fear & Greed Index reads 9, signaling “Extreme Fear,” a factor that may influence cautious investment strategies.

The Relative Strength Index (RSI) at 49.18 shows a neutral position, indicating Toncoin is balancing between buying and selling pressure. Meanwhile, the token trades above both its 50-day and 200-day simple moving averages, which traditionally suggests potential bullish momentum. Resistance levels at $1.43, $1.45, and $1.47 could hinder gains, while support at $1.39, $1.37, and $1.35 may offer stability.

Also Read: Toncoin Drops 9.8% After Nasdaq Warning: Key Price Levels & Market Outlook

Short-Term Forecast Points to Upside

Price models forecast Toncoin could reach $1.78 by February 24, 2026—a 28.35% increase in five days if the market conditions align. Achieving this target will require strong buying activity and a break through the immediate resistance levels. Traders should approach cautiously, as the crypto market remains volatile and sensitive to unexpected events.

Toncoin’s current market scenario reflects caution amid weak momentum, yet short-term forecasts suggest the potential for a rebound. Investors weighing the extreme fear sentiment against bullish signals must balance risk and opportunity, keeping a close eye on key technical levels. While the token faces hurdles, a sharp recovery remains within reach if buying pressure intensifies.

`Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.`