/Reach Kurs REACH

Toncoin (TON) , the native token powering the Telegram Open Network, has recently made headlines with a sharp price rebound. After weeks of consolidation and downward pressure, TON has surged past key levels, reigniting optimism among traders and investors. With its growing ecosystem and deep integration with Telegram, Toncoin is increasingly being viewed as a strong contender in the layer-1 blockchain race. Currently priced around $3.60, the big question is whether this bullish momentum can sustain—and more importantly, can TON price realistically reach the $20 mark in 2025 ? In this analysis, we dive into the technical indicators, chart structure, and key price levels to determine Toncoin’s path forward. Toncoin price has recently caught the attention of traders and investors with a sharp rebound from its March lows. After consolidating below the $3 mark, TON has broken out with notable bullish strength, currently trading around $3.60. This recent price action has sparked speculation: is this just a relief rally, or the beginning of a long-term uptrend aiming for a massive $20 target? The current bullish momentum is evident in the strong upward structure of Heikin Ashi candles, indicating trend continuity. Over the past several sessions, TON has formed higher highs and higher lows—a key characteristic of a building rally. With increasing volume and revived interest in layer-1 projects, the Toncoin ecosystem could be setting the stage for a broader breakout. A closer look at the RSI (Relative Strength Index) reveals bullish momentum. At 58.77, the RSI has emerged from oversold territory and is now approaching the overbought zone. This suggests sustained buying interest, though it also warrants caution for potential short-term consolidation or profit-taking if the RSI crosses 70. The RSI’s recent breakout above its midline is a positive signal for continued bullish pressure. Meanwhile, the MACD (Moving Average Convergence Divergence) has turned bullish. The MACD line is now above the signal line, and histogram bars have flipped green, indicating growing positive momentum. The MACD crossover occurred after a prolonged downtrend, which increases its weight as a reversal signal. This convergence of MACD and RSI trends often marks the early phase of a stronger price movement. Toncoin faces immediate resistance near $3.80–$4.00 , a zone where sellers previously took control during its last rally. A successful breakout above this range would open the door to the $5.00 psychological resistance, which is also a previous local high. If TON can flip that level into support, it would solidify the uptrend and strengthen the case for a parabolic move toward higher targets. On the downside, $3.30 is a key support to watch. This level held firm during recent dips and is likely to act as a buffer zone if prices correct slightly. A breakdown below this would invite a retest of the $3.00 support, which must hold for bulls to remain in control of the trend. A move to $20 from the current $3.60 price would imply an almost 5.5x return, which is certainly ambitious but not impossible in a crypto bull cycle. For such a parabolic rally to materialize, multiple catalysts would need to align: While $20 is far from current levels, it becomes more attainable if TON breaks above $5 and sustains above previous long-term resistance zones. The journey won’t be linear—retracements will occur—but the path is technically possible with strong macro support and momentum. Toncoin has shown remarkable strength over the past two weeks, breaking out from bearish consolidation and turning technical indicators bullish. The RSI is rising, MACD has flipped positive, and the candlestick structure supports upward continuation. If TON reclaims and holds the $4–$5 zone, the probability of a long-term rally increases dramatically. For now, Toncoin is a strong candidate for mid-term bullish momentum plays, and if the broader market aligns, $20 might just be more than a dream—it could become a destination.

Bitcoin update 24.03.25 - 30.01.25: HTF: We closed another weekly candle in no man's land, still below the 89K SL. At this level, there’s nothing solid to trade on HTF until we either push for new ATHs or drop to the 72K level. Patience is key here—either focus on other timeframes or shift to different assets entirely. Expanding into other markets also helps ease the constant pressure of always wanting to find a trade in crypto. MTF/LTF: A lot more is happening here—nice levels to trade around. While we’re still in a downtrend, we’re slowly forming HHs. The key swing highs are still quite far away, but we might be spotting early signs of a trend shift. Of course, targeting ATHs wouldn’t be wise until these HTF SHs are broken, but we can still look for long setups and trail them properly. This allows us to gain exposure while ensuring we lock in profits along the way. Sentiment/Orderflow: While crypto-related news remains highly bullish, TradFi seems gripped by deep fear, creating a mixed sentiment overall. The best approach here is to focus on MS and base our next moves accordingly—sentiment and news should only serve as secondary confluence, while MS takes priority. As mentioned earlier, we’re starting to form HHs below HTF, which gives me a reason to look for local longs. However, this doesn’t rule out the possibility of further downside, including a potential move toward the 72K level, which remains the most significant level on BTC. Order flow clearly reflects the current mixed sentiment. Traders are quick to short the lows and long the highs, showing a lack of conviction. Many seem confused and desperate, reacting rather than planning. Outlook: With BVOL still in supply and BVOL24H at support, something big is about to happen. The key is to be prepared for every outcome. As you all know, I’ve already allocated significant funds at HTF key levels while keeping some dry powder in case we reach lower key levels. This ensures I won’t miss a potential rally from here while maintaining the flexibility to react. I’m also actively looking for LTF/MTF long and short setups. Once these trades move into profit, they pay me already and become risk-free. This strategy keeps me exposed in every direction with the potential to trail them way higher or lower—exactly how I want to be positioned as trader. Have a great week ahead you all. ✌️

🔥 BULLISH: Michael Saylor’s Strategy now holds 499,226 $BTC. Will it reach 500,000 $BTC on Monday? 👀

Which altcoin do you think will reach its next milestone first? 🔥 $XRP or $SOL?

Crypto analyst EGRAGCrypto has released their latest “XRP Bermuda Triangle” chart, presenting a detailed technical analysis that combines Fibonacci arcs and symbolic zones to project XRP’s future price movements. The chart tracks XRP’s progression through seven significant Fibonacci arcs. As of January 2025, XRP has moved past the first four arcs , indicating a change in market momentum. Price is now navigating between arcs five and seven, with each arc potentially acting as a resistance or acceleration area. The month of March is crucial when these arcs converge, suggesting increased volatility. Related: XRP’s Counter-Narrative: Challenging Bitcoin’s Institutional Dominance Towards $200K The Bermuda Triangle structure incorporates symbolic zones that reflect the psychology of XRP traders and overall market sentiment. Related: Crypto Author Challenges CoinMarketCap’s XRP Supply Calculation, Calls for Fairer Accounting After reclaiming the Equilibrium zone near $1.12 and breaking above the long-term Atlas Line, XRP pushed through the Final Wake-Up Line—a downtrend that lasted for several years. Incidentally, this breakout led to a volatile period known as the Red Lake, historically marked by strong price rejections. Having moved out of the Red Lake, XRP is now in what EGRAG calls the Blue Ocean—a wider range with less immediate resistance. Key Fibonacci levels within this zone include $1.97, $2.77, $9.71, and $18.01. These levels are combined with forecasts from Elliott Wave theory, which suggests Wave 3 could reach as high as $13 or $21. Assuming historical patterns and Fibonacci extensions hold, Wave 5 could potentially drive the price toward $27 or even higher. Related: XRP’s Counter-Narrative: Challenging Bitcoin’s Institutional Dominance Towards $200K With a confluence of technical indicators and symbolic zones the Bermuda Triangle chart aims to serve as more than just a visual representation—it’s presented as a strategic roadmap for those looking at XRP’s long-term potential. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.