TON Price Prediction Next Week
Based on the provided news and technical data, here's the analysis for TON's price prediction for next week:
Technical Analysis:
- Current price: $4.80
- RSI (14): 22.40 indicates severely oversold conditions
- MACD: -0.31 showing bearish momentum
- Key resistance levels: $5.65, $6.29
- Key support levels: $4.36, $3.78
News Sentiment Analysis:
Negative factors:
- Rising inflation reaching 0.37% (6-month high)
- Decreased burn rate (5,805 coins vs previous 15,000)
- Large exchange inflows (240,000 TON tokens moved to exchanges)
- Deleveraging trend identified by CryptoQuant
Positive factors:
- TON Foundation's US expansion plans
- Upcoming mainnet "Accelerator" update
- Growing institutional interest with Pantera Capital's $20M investment
Price Prediction for Next Week: Based on technical indicators and current market sentiment, TON is likely to experience continued downward pressure in the short term, with a predicted trading range of:
- Resistance: $5.29
- Target price: $4.36
- Support: $3.78
Trading Recommendation: SELL with the following rationale:
- Technical indicators show strong bearish momentum
- High exchange inflows suggest increasing selling pressure
- Deleveraging trend indicates market participants reducing exposure
- RSI oversold conditions might provide temporary bounces, but overall trend remains bearish
Set stop-loss at $5.65 (key resistance level) and take-profit at $3.78 (key Fibonacci support).
TON Crypto Forecast & Prediction For Years
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TON Price Forecast($)
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