NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

Toncoin (TON) Continues Downward Trend As Bears Maintain Control

Eli Dambel
Eli Dambel
1 year ago
3 mins read
Toncoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Toncoin (TON) has experienced a negative price decline, resulting in a bearish sentiment among investors of the altcoin. TON has been exhibiting a bearish strength on a monthly timeframe, based on data from CoinMarketCap. 

Within the last 30-Day trading session, the asset is down by 15,67%, indicating a high bearish strength with low buying pressure.

Related Reading

Bitcoin Bear

Bitcoin Bearish Signal: NUPL Finds Rejection At Long-Term Resistance

1 year ago

As of the time of writing, the asset is experiencing a decline in value, as it’s down today by 2.76%. This downward trend has resulted in the asset, TON, reaching a low point of $1.91. 

The decrease in value reflects a temporary setback in the market, indicating a decrease in investor confidence. It also detects a shift in the supply and demand dynamics surrounding the asset.

Toncoin (TON) Bears Maintained Their Positions

Toncoin (TON) witnessed a sharp price decline on May 23, from $2.03 to its present value of $1.89. This price decline represents a loss of 6.89%.

This decline reflects the dominance of bearish sentiment in the market, which shows a lack of investor confidence and a shift in the supply and demand dynamics.

According to the market sentiment indicator, the current market sentiment is bearish, while the Fear & Greed index value is a neutral 49. Notably, a Fear & Greed index value below 50 points to an increase in bearish momentum.

Toncoin (TON) Continues Downward Trend As Bears Maintain Control
Toncoin plunges on the chart l TONUSDT on Tradingview.com

Conversely, an important resistance level is noted at $2.080, representing a significant hurdle for potential upward movement. 

Toncoin trades below the 50-day and 200-day Simple Moving Average (SMA). The SMAs formed a Death Cross in the TON market on May 21, 2023. 

This confirms the bearish sentiment present in the market, indicating a potential sell signal and further price decline.

The Relative Strength Index (RSI) momentum oscillator value is 40.98 and points downwards. RSI is a popular indicator showing whether a cryptocurrency is oversold or overbought. 

Related Reading

Bitcoin

Bitcoin Hangs At $26,200: Why This Is A Crucial Support Level

1 year ago

If TON RSI drops below 30, it may ignite high selling pressure and further price decline.

TON Demand Index and Bollinger Bands Signals Bearish Activities

The TON/USDT trading pair demand index is at -0.449, suggesting relatively weak demand for the asset in the market.

Toncoin (TON) Continues Downward Trend As Bears Maintain Control

Note that a demand index below zero is generally considered a lack of buying pressure. It also indicates that the selling pressure outweighs the buying interest.

In addition, the asset is heading toward the lower part of the Bollinger Bands indicator. This suggests an increase in selling pressure and high bearish momentum.

Featured image from Pixabay and chart from Tradingview.com

Tweet123Share196ShareSend
Eli Dambel
Eli Dambel

Eli Dambel

Eli brings an eclectic point of view to market analysis. Currently, he writes about various asset classes, including Crypto and Stocks. Eli has been writing crypto oriented content for almost 6 years now and he is a hard core believer in Blockchain and is confident that it can reform the traditional financial system. He also thinks Bitcoin will become universal currency in the near future.

Read more

You can follow Eli on Twitter: @EliDambel

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Infographie : ATH de Bitcoin et or à 4 000 $, points clés de la nuit du 6–7 octobre 2025

Bitcoin explose son ATH, l’or s’envole à 4 000 $ : Résumé de la nuit du 6 au 7 octobre 2025

Une ambiance de records dans la nuit : Bitcoin pulvérise son sommet historique pendant que l’or passe au-dessus de 4...

guillaumev 4 hours ago
Graphique explicatif : comment Grayscale intègre le staking à ses ETF spot sur Ethereum et Solana

Staking dans des ETF spot : l’initiative de Grayscale sur ETH/SOL est-elle pérenne ?

Grayscale vient de bousculer la donne : du staking dans des ETF spot sur Ethereum et Solana. Concrètement, les investisseurs...

guillaumev 4 hours ago
Top meme coins

Top meme coins – Cum arată scena crypto în octombrie 2025?

Piața crypto traversează o nouă etapă de efervescență. Bitcoin a depășit pragul de 126.000 de dolari în primele ore ale zilei, marcând un...

antonio 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP

XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout

Christian Encila 2 hours ago
Analyse visuelle : Wall Street se positionne sur Solana, throughput et usages en plein essor

Actualité Solana : la blockchain qui séduit Wall Street et fait trembler Ethereum

guillaumev 2 hours ago
Bitcoin

Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All

Scott Matherson 3 hours ago

Premium Sponsors

Press Releases

  • Следващата криптовалута, която може да избухне: Snorter може да превърне 500 USD в 250 000 USD, докато CIO-то на Bitwise подкрепя Solana

    Следващата криптовалута, която...

    4 hours ago
  • Защо Snorter привлича толкова голям интерес?

    Următoarea criptomonedă care ar putea exploda: Snorter ar...

    4 hours ago
  • Ďalšia kryptomena, ktorá môže vystreliť: DeepSnitch AI môže zmeniť 500 USD na 250 000 USD, zatiaľ čo Token 6900 a Solaxy posilňujú svoju pozíciu

    Ďalšia kryptomena, ktorá môže vystreliť: DeepSnitch...

    5 hours ago
  • A következő kriptovaluta, ami berobbanhat: a DeepSnitch AI 200 000 Ft-ot 100 000 000 Ft-ra változtathat, miközben a Token 6900 és a Solaxy erősítik pozíciójukat

    A következő kriptovaluta, ami berobbanhat: a DeepSnitch...

    5 hours ago
  • Następna kryptowaluta, która może wystrzelić: DeepSnitch AI może zamienić 2 000 zł w 1 000 000 zł, a Token 6900 i Solaxy umacniają swoją pozycję na rynku

    Następna kryptowaluta, która może wystrzelić...

    5 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.