Toncoin (TON) Price Analysis: Towards All-Time High and Potential Correction

Toncoin Is Close to Making History

Toncoin’s price is expected to reach a new all-time high soon, fueled by whales accumulating significant amounts of TON in anticipation.

• Whale addresses holding between 10,000 and 100,000 TON have accumulated over 350,000 TON in the past week, representing a $2.5 million buying spree.
• The market sentiment is also reflected in the Relative Strength Index (RSI), which shows TON is overbought and could witness a correction shortly.

TON Price Prediction: Rising to a New High

Toncoin is currently trading near $7.3 and is poised to breach the $7.6 resistance to achieve a new all-time high. Traders should be wary of a potential price pullback post ATH if profit-taking ensues.