Binance restrictions lead to volatile recovery

Traders Union
All News
Crypto
Toncoin Surges 0.97% Today, Hits $3.16

Highlights

Toncoin (TON) trades at $3.158, hovering just above the MA-20 but below the MA-50 at $3.263 and MA-200 at $3.176, signaling resistance at higher levels.
Binance's announcement to halt TON deposits and withdrawals in 2025 triggered a sharp 20% drop, yet TON rebounded to $4.13 within 24 hours, underscoring strong exchange-driven volatility.
TON is expected to range between $3.051 and $3.068 over the next five days, with probabilities favoring further declines and sideways movement unless it closes above the MA-50 at $3.263.

Resilience after exchange-related drop as market outlook splits

Toncoin recently faced a sharp 20% drop after Binance announced it will halt TON deposits and withdrawals in 2025, but the asset showed resilience by rebounding to $4.13 within 24 hours. Market expectations for the coming months are mixed, pointing to both volatile price ranges and some divergent forecasts without consensus. The main market movement remains closely tied to crypto exchange actions and integration developments.

Mixed momentum and neutral bias as price consolidates near support

The nearest dynamic support is now tracked at the Ichimoku Kijun around $3.161, while overhead resistance remains at the MA-50 near $3.263. Momentum indicators display a mixed outlook — the daily ADX signals a buy with moderate trend strength, but the MACD points to a strong sell and continued negative pressure. RSI is close to 61 and Stoch RSI is above 55, so there are no extreme overbought or oversold readings; the CCI is also neutral. The daily move of +0.97% occurred without a gap, and price remains near the lower end of today’s $3.15 – $3.20 range. Volatility is relatively modest, with the session showing sideways consolidation after a mild upside push. Bull/Bear Power is neutral, reinforcing the view that neither side currently dominates and that indicator signals are conflicting.

Bearish tilt dominates as tight range limits upside potential

For the next five trading days, TON is expected to stay between $3.051 and $3.068. The chance of a price increase remains below 20%, so declines are more probable over the week ahead. The central scenario is further sideways movement within the existing narrow range, while a bullish breakout would require a close above the MA-50 at $3.263. Downside risks will increase on a move below the Ichimoku support at $3.161, potentially sending prices toward the $3.05 area.

Viktoras Karapetjanc, expert at Traders Union, views Toncoin’s recent recovery after Binance’s announcement as a sign of underlying strength, even as technical resistance levels still loom overhead. He notes that, from a macro and sentiment perspective, exchange-driven news continues to dominate price action, but the asset’s resilience and constructive market posture suggest a foundation for future growth. Although the probability of immediate upside is under 20%, Karapetjanc remains optimistic for the medium term as long as major supports hold. "While short-term volatility persists and upward momentum needs confirmation above $3.263, I believe TON’s adaptability to external shocks signals continued investor interest and a gradual path to recovery."

Previously it was noted that Toncoin continues to consolidate in a narrow range, with trading activity during the Asian session marked by limited volatility and typical price stabilization near major technical levels. The article also highlighted ongoing bearish momentum, with technical indicators suggesting a sideways drift and muted odds of a reversal.

Source of Data: TON Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.