Toncoin (TON) has been trading within a range of $5.20 to $5.80. Its price has risen by 1.53% in the last 24 hours. The cryptocurrency reached its all-time high of $8.27 on June 15, 2024, while its lowest recorded price was $0.523925. Toncoin’s current price stability is due to a balance of competing technical factors, such as support from the 50-day SMA and overbought conditions from the RSI.
Toncoin’s price could potentially reach $10 in the medium term if bullish momentum sustains and broader market conditions remain favorable, but reaching $12 in the next few days appears to be overly optimistic.