Bearish Today, Bullish Tomorrow? Why Toncoin (TON) Could Hit $24 by February 2025

Toncoin (TON) is currently exchanging at $5.25, showing a slight dip of 2.89% over the past week. Sure, the sentiment might lean bearish right now, but there’s a small excitement brewing in the market. The Fear & Greed Index is sitting at 70, which means greed is in the air. Over the past 30 days, Toncoin has had 40% green days with a manageable 5.57% volatility.

The Near-Term Forecast is Bright and Bold 

In the now, TON appears to be warming up for a consistent updive over the next few days. By January 13, 2025, it’s expected to hit $6.80, which would be a solid 29.39% jump from where it’s at now. The daily breakdown? Here’s how it’s shaping up:

January 9, 2025: $5.23 (+0.53%) — a slow start, but upward movement nonetheless.

January 10, 2025: $5.51 (+4.80%) — starting to show some momentum.

January 11, 2025: $5.87 (+11.66%) — now we’re picking up steam.

January 12, 2025: $6.31 (+20.04%) — okay, this is getting interesting.

January 13, 2025: $6.80 (+29.39%) — looking strong by the end of the week.

It’s not moon-level growth just yet, but it’s enough to catch the eye of traders who love to see consistent progress.

The Big Picture

Now, zooming out to the long term, this is where things get exciting. By February 2025, Toncoin is forecasted to reach $24.62—a jaw-dropping potential ROI of 368.49%. For January, the price range is expected to hover between $5.23 and $17.71, which could bring a respectable ROI of 236.99%. Not bad for a token some are still sleeping on.

Here’s a quick look at how the rest of 2025 could pan out:

March 2025: $12.95 to $19.08, ROI: 263.05%

April 2025: $17.98 to $20.96, ROI: 298.88%

May 2025: $13.97 to $18.94, ROI: 260.54%

By the end of 2025, TON’s price is expected to center around $13.93, with a potential trading cap exiting at $24.62. That’s a pretty sweet return for those willing to hold on for the ride.

What the Charts Are Saying

Turning to technicals, the 14-day RSI (Relative Strength Index) sits at 38.09, which is nearing oversold territory—maybe a sign the tide could turn soon. Albeit, both the 50-day SMA and 200-day SMA are above the current price at $5.96 and $6.09, suggesting Toncoin isn’t out of the bearish woods just yet.

FAQs

1. What is the current price of Toncoin?

Toncoin is, as of writing, trading at $5.25.

2. What is the long-term price prediction for Toncoin?

By February 2025, Toncoin is expected to arrive at $24.62, with a potential ROI of 368.49%.

3. Is Toncoin currently in a bullish or bearish trend?

The sentiment is bearish, but the 14-day RSI suggests it may soon reverse.