Toncoin (TON) Price Prediction: 900 million active users will flood into the ecosystem, and the technical structure suggests a "strong breakout" phase.

Toncoin (TON) has once again caught the market's attention, this time closely related to Telegram's growing influence, as it launched a native TON Wallet to 87 million users in the United States. With nearly 900 million monthly active users worldwide, if they all flock into the TON ecosystem, it will trigger a price rise.

Cryptocurrency analyst MetaverseSG shared a post on X (formerly Twitter), highlighting a key development that Telegram has launched a native TON Wallet for 87 million users in the United States.

This alone is already a significant move, but more importantly, Telegram has nearly 900 million monthly active users worldwide. Even if only a small portion of them start using TON, it means that tens of millions of new participants will enter this ecosystem.

TON Price Analysis

From the chart, TON shows the so-called "Triple Power" (PO3) pattern. This pattern begins with accumulation, goes through a false breakout or consolidation phase, and ultimately ends with a strong breakout. TON currently seems to be in the final stage, which is the expansion phase.

The TON price has been maintaining above the support level of $3.60 to $3.80 for some time. If the price continues to rise and breaks through $4.08 (the neckline of a clear head and shoulders pattern), the next stop-loss point could be around $4.65, or even around $5.29.

There is also a key resistance zone between 4.90 USD and 5.80 USD, which was the main distribution area last year. If the price returns to this range, a rise to 7 USD is not impossible.

(Source: Trading View)

Analysts focus on key patterns and TON breakthrough targets

CryptoKing's other analysis highlights the structure of the inverted head and shoulders (iH&S), which is a typical reversal signal. The neckline of this formation is around $4.08, and the TON price is currently testing that level.

If TON breaks through this area and confirms the breakout, it may target $4.65 and $5.29 in the short term.

Momentum indicators, including moving averages, indicate a trend reversal. The 7-day, 25-day, and 99-day moving averages have all risen. This consistent trend usually signals a revival of buying power in the market.

This time, the rise of TON is different from the past due to the ecosystem behind it. The new Wallet supports token exchange, staking, and USDT entry, all of which can be completed within Telegram. In addition, mini-programs using TON have been launched, and on-chain activities are also rapidly growing, with millions of transactions happening daily.

As the price structure of TON rises and user adoption increases, many traders believe this is a moment worth following.

As long as TON remains above $3.80 and the momentum stays strong, it could surge towards $5. Keep a close eye on the breakout area of $4.60, as it may be the next explosion point.

TON-6.99%
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