Toncoin (TON) is in the spotlight as several on-chain and technical indicators suggest a possible rally in the coming days. Currently trading around $2.93, it is one of the top-performing altcoins today. The Toncoin price has increased by 3.47% in the last 24 hours.
According to multiple analysts and whale tracking data, the $2.94 resistance zone could be the final hurdle before a move to the $3.25 level. But will Toncoin break through soon?
Whale Activity on TON Surges
A new report from Santiment ranks TON among the top 10 crypto projects with the largest increase in whale transaction activity over the past 30 days. TON placed 5th on the list, alongside giants like GateToken, USDC, and Chainlink.
Whale transactions are often seen as smart money signals, especially when they rise while prices consolidate.
Santiment notes that this behavior (whales accumulating during market retracements) can be a precursor to price breakouts. In TON’s case, an increase in large transactions could mean that big players are loading up, preparing for a potential rally.
Is a Toncoin Price Rally to $3.25 Next?
Crypto analyst Darco recently pointed out that Toncoin has reached a “high timeframe point of interest.” After bouncing off local range lows, the TON price has built a compelling local range between $2.82 and $2.94.
If bulls can flip the $2.94 level into support, Darco believes the next price target could be $3.25, the previous range high. This would represent a gain of roughly 10% from current prices.
In his TradingView chart shared on April 14, Darco mapped out a scenario where TON breaks past $2.94, retests the breakout, and launches toward $3.25. He called it a “significant risk/reward potential” setup—meaning the potential reward far outweighs the risk.
Meanwhile, crypto analyst Ali (@ali_charts) also flagged a TD Sequential buy signal on TON’s daily chart last Friday. This technical indicator is often used to identify trend reversals or new bullish cycles.
According to Ali, Toncoin “could be primed for a rebound” as the signal flashed on April 11, following a series of red daily candles.
The TD Sequential isn’t foolproof, but it has proven effective in previous market cycles when combined with other indicators, such as volume increases and breakout patterns.
Current Price Action: Toncoin Reclaims Strength
According to TradingView, TON’s price is currently trading at $2.93, up 3.47% in the last 24 hours. It briefly touched $3.07 on April 12 before pulling back, but bulls are maintaining intense pressure around the $2.90–$2.93 range.
While shorter-term signals look bullish, weekly technicals remain cautious. According to TradingView’s TON/USDT analysis, the one-week timeframe shows a “Sell” signal, with 13 Sell indicators, 9 Neutral indicators, and 2 Buy indicators.
The weekly moving averages are particularly bearish: 12 out of 13 indicate a sell, suggesting TON is still under pressure from a macro trend perspective.
However, oscillators like the RSI (36.5) and Stochastic %K (15.6) remain neutral, showing that TON is not overbought. Meanwhile, the Williams %R and Momentum indicators are flashing early signs of a potential reversal.
All eyes are now on the $2.94 level. If TON convincingly breaks and holds above this zone, it could trigger a sharp move toward $3.25, but rejection at $2.94 could send the Toncoin price back into its previous range.
