TonCoin Technical Analysis Report 23 September, 2025
TonCoin cryptocurrency can be expected to rise further to the next round resistance level 3.000 (former strong support which stopped waves b, iii and i).
- TonCoin reversed from support zone
- Likely to rise to resistance level 3.000
TonCoin cryptocurrency recently reversed up from the support area set between the multi-month support level 2.6000 (which has been reversing the price from the begin of March, as can be viewn from the daily TonCoin chart below), lower daily Bollinger Band and the support trendline of the daily down channel from the begin of August. The upward reversal from this support zone stopped the earlier short-term impulse wave (c) from the begin of last month (which belongs to the extended ABC correction B from March).
Given the strength of the aforementioned support area, TonCoin cryptocurrency can be expected to rise further to the next round resistance level 3.000 (former strong support which stopped waves b, iii and i).
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