• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
28 July Monday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $118,001.48 ↓ -0.37%
Ethereum Ethereum (ETH) $3,782.98 ↓ -0.86%
XRP XRP (XRP) $3.15 ↓ -1.31%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
BNB BNB (BNB) $837.14 ↑ 5.07%
Solana Solana (SOL) $187.34 ↑ 0.54%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -1.89%
TRON TRON (TRX) $0.32 ↑ 0.39%
Cardano Cardano (ADA) $0.80 ↓ -1.85%
Hyperliquid Hyperliquid (HYPE) $44.21 ↑ 3.15%
Sui Sui (SUI) $4.10 ↓ -3.83%
Stellar Stellar (XLM) $0.43 ↓ -2.63%
Chainlink Chainlink (LINK) $18.50 ↓ -1.49%
Hedera Hedera (HBAR) $0.27 ↓ -3.69%
Bitcoin Cash Bitcoin Cash (BCH) $581.78 ↓ -2.51%
Avalanche Avalanche (AVAX) $26.29 ↑ 5.27%
Litecoin Litecoin (LTC) $110.43 ↓ -2.79%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.18%
Toncoin Toncoin (TON) $3.30 ↓ -1.14%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -2.35%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.01%
Uniswap Uniswap (UNI) $10.55 ↓ -1.32%
Polkadot Polkadot (DOT) $4.09 ↓ -1.96%
Monero Monero (XMR) $325.42 ↑ 0.76%
Bitget Token Bitget Token (BGB) $4.65 ↑ 1.12%
Dai Dai (DAI) $1.00 ↓ 0.00%
Pepe Pepe (PEPE) $0.00 ↓ -2.49%
Cronos Cronos (CRO) $0.14 ↑ 0.98%
Aave Aave (AAVE) $293.03 ↓ -1.14%
Ethena Ethena (ENA) $0.65 ↑ 2.19%
Bittensor Bittensor (TAO) $412.04 ↓ -3.65%
NEAR Protocol NEAR Protocol (NEAR) $2.84 ↓ -2.26%
Pi Pi (PI) $0.45 ↑ 0.68%
Ethereum Classic Ethereum Classic (ETC) $22.25 ↓ -3.04%
Ondo Ondo (ONDO) $1.01 ↓ -3.39%
Internet Computer Internet Computer (ICP) $5.70 ↑ 0.08%
Aptos Aptos (APT) $4.74 ↓ -1.49%
OKB OKB (OKB) $48.73 ↑ 1.15%
Bonk Bonk (BONK) $0.00 ↑ 3.70%
Mantle Mantle (MNT) $0.80 ↓ -2.54%
Kaspa Kaspa (KAS) $0.10 ↓ -4.39%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.50%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -2.54%
Algorand Algorand (ALGO) $0.27 ↓ -3.21%
Arbitrum Arbitrum (ARB) $0.45 ↓ -0.97%
GateToken GateToken (GT) $18.03 ↑ 1.21%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.02%
Render Render (RENDER) $4.20 ↓ -1.57%
VeChain VeChain (VET) $0.03 ↓ -1.96%
Worldcoin Worldcoin (WLD) $1.16 ↓ -1.83%
SPX6900 SPX6900 (SPX) $2.19 ↑ 4.95%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.92 ↓ -2.68%
Sky Sky (SKY) $0.09 ↓ -2.99%
Sei Sei (SEI) $0.33 ↓ -3.76%
Cosmos Cosmos (ATOM) $4.81 ↑ 0.50%
Filecoin Filecoin (FIL) $2.69 ↓ -0.47%
Jupiter Jupiter (JUP) $0.58 ↑ 1.72%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ -0.41%
Flare Flare (FLR) $0.02 ↓ -1.10%
Story Story (IP) $5.68 ↑ 5.18%
Injective Injective (INJ) $15.31 ↑ 0.87%
Quant Quant (QNT) $124.67 ↓ -1.60%
XDC Network XDC Network (XDC) $0.09 ↑ 3.65%
KuCoin Token KuCoin Token (KCS) $11.46 ↓ -0.46%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.06%
Celestia Celestia (TIA) $1.97 ↓ -1.38%
Optimism Optimism (OP) $0.79 ↑ 7.97%
Curve DAO Token Curve DAO Token (CRV) $1.00 ↓ -5.60%
Fartcoin Fartcoin (FARTCOIN) $1.34 ↓ -2.05%
Stacks Stacks (STX) $0.82 ↓ -2.49%
Four Four (FORM) $3.36 ↓ -3.89%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.26%
Immutable Immutable (IMX) $0.58 ↓ -1.99%
dogwifhat dogwifhat (WIF) $1.09 ↑ 1.03%
Ethereum Name Service Ethereum Name Service (ENS) $29.17 ↓ -5.84%
The Graph The Graph (GRT) $0.11 ↓ -0.83%
PancakeSwap PancakeSwap (CAKE) $3.00 ↑ 7.13%
Kaia Kaia (KAIA) $0.16 ↓ -1.61%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.51 ↓ -5.08%
Lido DAO Lido DAO (LDO) $1.10 ↓ -1.43%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -0.01%
Sonic Sonic (S) $0.33 ↓ -2.25%
Conflux Conflux (CFX) $0.18 ↓ -0.37%
PAX Gold PAX Gold (PAXG) $3,321.34 ↓ -1.05%
Tezos Tezos (XTZ) $0.87 ↓ -2.19%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.04%
Theta Network Theta Network (THETA) $0.89 ↓ -1.00%
Vaulta Vaulta (A) $0.56 ↓ -3.13%
Raydium Raydium (RAY) $3.23 ↑ 5.17%
Nexo Nexo (NEXO) $1.32 ↑ 0.78%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.34%
IOTA IOTA (IOTA) $0.21 ↓ -3.12%
Tether Gold Tether Gold (XAUt) $3,317.05 ↓ -0.97%
Gala Gala (GALA) $0.02 ↓ -0.96%
The Sandbox The Sandbox (SAND) $0.31 ↓ -2.73%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 1.42%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -2.55%
Pendle Pendle (PENDLE) $4.42 ↑ 0.55%
Jito Jito (JTO) $1.99 ↓ -0.91%
Bitcoin Bitcoin (BTC) $118,001.48 ↓ -0.37%
Ethereum Ethereum (ETH) $3,782.98 ↓ -0.86%
XRP XRP (XRP) $3.15 ↓ -1.31%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
BNB BNB (BNB) $837.14 ↑ 5.07%
Solana Solana (SOL) $187.34 ↑ 0.54%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -1.89%
TRON TRON (TRX) $0.32 ↑ 0.39%
Cardano Cardano (ADA) $0.80 ↓ -1.85%
Hyperliquid Hyperliquid (HYPE) $44.21 ↑ 3.15%
Sui Sui (SUI) $4.10 ↓ -3.83%
Stellar Stellar (XLM) $0.43 ↓ -2.63%
Chainlink Chainlink (LINK) $18.50 ↓ -1.49%
Hedera Hedera (HBAR) $0.27 ↓ -3.69%
Bitcoin Cash Bitcoin Cash (BCH) $581.78 ↓ -2.51%
Avalanche Avalanche (AVAX) $26.29 ↑ 5.27%
Litecoin Litecoin (LTC) $110.43 ↓ -2.79%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.18%
Toncoin Toncoin (TON) $3.30 ↓ -1.14%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -2.35%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.01%
Uniswap Uniswap (UNI) $10.55 ↓ -1.32%
Polkadot Polkadot (DOT) $4.09 ↓ -1.96%
Monero Monero (XMR) $325.42 ↑ 0.76%
Bitget Token Bitget Token (BGB) $4.65 ↑ 1.12%
Dai Dai (DAI) $1.00 ↓ 0.00%
Pepe Pepe (PEPE) $0.00 ↓ -2.49%
Cronos Cronos (CRO) $0.14 ↑ 0.98%
Aave Aave (AAVE) $293.03 ↓ -1.14%
Ethena Ethena (ENA) $0.65 ↑ 2.19%
Bittensor Bittensor (TAO) $412.04 ↓ -3.65%
NEAR Protocol NEAR Protocol (NEAR) $2.84 ↓ -2.26%
Pi Pi (PI) $0.45 ↑ 0.68%
Ethereum Classic Ethereum Classic (ETC) $22.25 ↓ -3.04%
Ondo Ondo (ONDO) $1.01 ↓ -3.39%
Internet Computer Internet Computer (ICP) $5.70 ↑ 0.08%
Aptos Aptos (APT) $4.74 ↓ -1.49%
OKB OKB (OKB) $48.73 ↑ 1.15%
Bonk Bonk (BONK) $0.00 ↑ 3.70%
Mantle Mantle (MNT) $0.80 ↓ -2.54%
Kaspa Kaspa (KAS) $0.10 ↓ -4.39%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.50%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -2.54%
Algorand Algorand (ALGO) $0.27 ↓ -3.21%
Arbitrum Arbitrum (ARB) $0.45 ↓ -0.97%
GateToken GateToken (GT) $18.03 ↑ 1.21%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.02%
Render Render (RENDER) $4.20 ↓ -1.57%
VeChain VeChain (VET) $0.03 ↓ -1.96%
Worldcoin Worldcoin (WLD) $1.16 ↓ -1.83%
SPX6900 SPX6900 (SPX) $2.19 ↑ 4.95%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.92 ↓ -2.68%
Sky Sky (SKY) $0.09 ↓ -2.99%
Sei Sei (SEI) $0.33 ↓ -3.76%
Cosmos Cosmos (ATOM) $4.81 ↑ 0.50%
Filecoin Filecoin (FIL) $2.69 ↓ -0.47%
Jupiter Jupiter (JUP) $0.58 ↑ 1.72%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ -0.41%
Flare Flare (FLR) $0.02 ↓ -1.10%
Story Story (IP) $5.68 ↑ 5.18%
Injective Injective (INJ) $15.31 ↑ 0.87%
Quant Quant (QNT) $124.67 ↓ -1.60%
XDC Network XDC Network (XDC) $0.09 ↑ 3.65%
KuCoin Token KuCoin Token (KCS) $11.46 ↓ -0.46%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.06%
Celestia Celestia (TIA) $1.97 ↓ -1.38%
Optimism Optimism (OP) $0.79 ↑ 7.97%
Curve DAO Token Curve DAO Token (CRV) $1.00 ↓ -5.60%
Fartcoin Fartcoin (FARTCOIN) $1.34 ↓ -2.05%
Stacks Stacks (STX) $0.82 ↓ -2.49%
Four Four (FORM) $3.36 ↓ -3.89%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.26%
Immutable Immutable (IMX) $0.58 ↓ -1.99%
dogwifhat dogwifhat (WIF) $1.09 ↑ 1.03%
Ethereum Name Service Ethereum Name Service (ENS) $29.17 ↓ -5.84%
The Graph The Graph (GRT) $0.11 ↓ -0.83%
PancakeSwap PancakeSwap (CAKE) $3.00 ↑ 7.13%
Kaia Kaia (KAIA) $0.16 ↓ -1.61%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.51 ↓ -5.08%
Lido DAO Lido DAO (LDO) $1.10 ↓ -1.43%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -0.01%
Sonic Sonic (S) $0.33 ↓ -2.25%
Conflux Conflux (CFX) $0.18 ↓ -0.37%
PAX Gold PAX Gold (PAXG) $3,321.34 ↓ -1.05%
Tezos Tezos (XTZ) $0.87 ↓ -2.19%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.04%
Theta Network Theta Network (THETA) $0.89 ↓ -1.00%
Vaulta Vaulta (A) $0.56 ↓ -3.13%
Raydium Raydium (RAY) $3.23 ↑ 5.17%
Nexo Nexo (NEXO) $1.32 ↑ 0.78%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.34%
IOTA IOTA (IOTA) $0.21 ↓ -3.12%
Tether Gold Tether Gold (XAUt) $3,317.05 ↓ -0.97%
Gala Gala (GALA) $0.02 ↓ -0.96%
The Sandbox The Sandbox (SAND) $0.31 ↓ -2.73%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 1.42%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -2.55%
Pendle Pendle (PENDLE) $4.42 ↑ 0.55%
Jito Jito (JTO) $1.99 ↓ -0.91%
Home Cryptocurrency

TON Price Crashes Below Trendline, Signals Major Drop in Coming Days

Rimsha Rizwan by Rimsha Rizwan
25 July 2024
in Cryptocurrency
Reading Time: 3 mins read
0
TON price crash

TON price crash

Toncoin (TON)  has been making headlines as its price recently broke below a critical ascending trendline. This move has sparked concerns among investors and analysts, suggesting a significant TON price crash may be on the horizon. This article delves into the recent developments, technical indicators, and on-chain data to provide a comprehensive overview of the situation.

Table of Contents

Toggle
  • TON Price Crash: Plunges After Breaching Ascending Trendline”
    • YOU MAY BE INTERESTED
    • $44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree
    • Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42
  • On-Chain Data Indicates Increased Selling Pressure
  • Market Reactions and Investor Sentiment Following the TON Price Crash
  • Toncoin (TON) Price Crash-Conclusion

TON Price Crash: Plunges After Breaching Ascending Trendline”

On Tuesday, Toncoin (TON) broke below an ascending trendline, raising red flags for investors. The trendline, drawn by connecting multiple swing low levels from mid-March to late July, had been a crucial support level. However, as of Thursday, TON is trading 3.84% lower at $6.59, down from the daily support level of $6.99.

YOU MAY BE INTERESTED

CoinDCX security incident

$44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree

28 July 2025
Dogecoin price

Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42

28 July 2025

According to reports, failing to close above the trendline on Wednesday signalled a bearish move. If the trendline holds as a pullback resistance around $6.99, TON could potentially crash by 14% to retest the 61.8% Fibonacci retracement level of the rise between the May 1 low of $4.60 and the June 15 high of $8.28 at $6.00. This scenario underscores the likelihood of a TON price crash.

The Relative Strength Index (RSI) and Awesome Oscillator (AO) indicators on the daily chart support this bearish thesis. Both indicators are currently below their respective neutral levels of 50 and zero, indicating strong bearish dominance.

Toncoin (TON) Price Crash — Dips Below Trendline
Toncoin (TON) Price Crash — Dips Below Trendline

On-Chain Data Indicates Increased Selling Pressure

On-chain data further points to a bearish outlook for Toncoin price. According to IntoTheBlock’s In/Out of the Money Map (IOMAP), approximately 1,790 addresses bought 1.47 million TON tokens at an average price of $6.93. If the price rises to this level, a significant number of investors may choose to sell to break even on their positions. Such selling activity could exacerbate the TON price crash.

From a technical analysis perspective, the $6.93 resistance level aligns with the IOMAP findings, marking this zone as a crucial reversal point to monitor.

ADVERTISEMENT

Furthermore, Santiment’s Exchange Flow balance for TON reveals the net movement of tokens into and out of exchange wallets. A positive value indicates more TON entered than exited, suggesting increased selling pressure from investors. Conversely, a negative value indicates more TON left the exchange than entered, indicating decreased selling pressure.

In TON’s case, the Exchange Flow balance has increased from -72,347 to 327,810 from July 21 to July 22, coinciding with a 3.3% price decline. This positive uptick in the Exchange Flow balance indicates increased selling activity among investors, adding to the TON price crash concerns.

Additionally, during this period, the TON Supply on Exchanges increased by 6% in one day. Generally, this suggests that investors are sending TON tokens to exchanges, thereby increasing selling activity. According to reports, this increase in supply on exchanges is a clear sign of heightened selling pressure.

However, it’s worth noting that if TON’s daily candlestick closes above $7 and establishes a higher high on the daily timeframe, it could signal a shift in market dynamics favouring bullish sentiment. Such a change could nullify the bearish outlook, potentially leading to an 11% rally in Toncoin price to the daily high of $7.63 on July 16.

TON IOMAP chart
TON IOMAP chart

Market Reactions and Investor Sentiment Following the TON Price Crash

The recent TON price crash and technical signals have triggered varied reactions from the market. According to reports, many investors are expressing concern over the potential for further declines in Toncoin (TON) price. The increased selling activity, as evidenced by the rising Exchange Flow balance, highlights the nervous sentiment among TON holders. Officials say that if the bearish trend continues, more investors might choose to liquidate their positions to avoid further losses. However, some optimistic traders believe that the current dip might present a buying opportunity if the price can stabilize and reclaim crucial support levels.

Toncoin (TON) Price Crash-Conclusion

In summary, Toncoin’s recent price movements have raised concerns among investors and analysts. The break below the ascending trendline and the daily support level of $6.99 has triggered a bearish outlook, with potential further declines in the coming days. On-chain data supports this bearish view, indicating increased selling pressure from investors, further suggesting a TON price crash.

However, it’s crucial to keep an eye on the $7 resistance level. A close above this level could signal a shift in market sentiment and potentially rally the Toncoin price. The TON price crash seems imminent for now, and investors should exercise caution and closely monitor the market for any signs of reversal. For real-time updates and expert analysis, tune into TurkishNY Radio.

 

Previous Post

Minister of Economics Unveils New Latvia Crypto Law and Economic Transformation Template

Next Post

Solid Q2 US GDP Growth Threatens Bitcoin, Jasmy, and Avalanche Recovery

Rimsha Rizwan

Rimsha Rizwan

SIMILAR NEWS

CoinDCX security incident
News

$44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree

28 July 2025
Dogecoin price
News

Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42

28 July 2025
Bitcoin price prediction
News

Bitwise CIO Says Bitcoin Rally Coming in 2026, Halving Cycle No Longer Relevant

28 July 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • $44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree
  • Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42
  • Bitwise CIO Says Bitcoin Rally Coming in 2026, Halving Cycle No Longer Relevant
  • Inside CZ’s $76 Billion BNB Empire: What’s Behind the Explosive Price Climb?
  • Missed the $SHIB Boom? Troller Cat’s $400K Presale Could Deliver the Next 2024% ROI

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English