HomeNewsToncoin Tests Critical $0.80 Support as Momentum Wanes

Toncoin Tests Critical $0.80 Support as Momentum Wanes

-

Toncoin (TON) is testing a critical support zone as its recent momentum weakens, according to technical analysis. The asset is trading at $1.44, below all major moving averages, with indicators like the RSI at 34.73 signaling weak buyer pressure. Analyst CryptoPulse identified a “Do or Die” support range between $0.80 and $1.00 that will likely determine its near-term price direction.


Toncoin is approaching a vital support area as its recent price momentum continues to weaken. The asset is currently focused on the $0.80 to $1.00 range for potential stabilization.

At publication time, Toncoin traded at $1.44 with a market capitalization of $3.5 billion. Its 24-hour trading volume was approximately $91.3 million.

On February 18, 2026, crypto analyst CryptoPulse identified TON’s last major support. “TON’s last major support is at $0.80 to $1.00, which is important for market participants to understand,” the analyst stated.

The cryptocurrency is trading below its key moving averages, including the 20-day and 200-day levels. This positioning indicates significant selling pressure from a technical perspective.

The Relative Strength Index (RSI) stands at 34.73, which is below the neutral 50 level. The Moving Average Convergence Divergence (MACD) indicator is also below zero, reinforcing the weak momentum.

Toncoin’s immediate outlook hinges on the $0.80-$1.00 support holding. A failure to maintain this range could lead to further price declines for the asset.

LATEST POSTS

Kraken parent Payward acquires tokenization platform Magna

Payward, the parent company of cryptocurrency exchange Kraken, has acquired tokenization platform Magna. The platform, which serves over 160 clients, will operate as a standalone...

APT Slides 4.5% as Aptos Unveils Sweeping Tokenomics Overhaul with Hard Cap

The Aptos Foundation has proposed a major overhaul of its tokenomics, shifting from an inflationary bootstrapping model to a performance-driven framework. APT traded near $0.88,...

Russia to Block Foreign Crypto Exchanges, Domestic Rules Start 2026

Russia may begin blocking foreign cryptocurrency exchanges as early as July 2026 under a new regulatory plan. Authorities aim to shift up to $15 billion...

Base Ditches Optimism Stack for In-House Tech, Doubles Hard Forks

The Base network, an Ethereum layer-2 incubated by Coinbase, announced it is moving away from the open-source Optimism (OP) Stack to develop its own unified...

Most Popular

spot_img