TON Price Analysis of March 4, 2025: Toncoin Crashed to $2.820, Breaking its All-Time Low: Is this the End of Ton?

Are you wondering why Ton crashed below its all-time low? Then, this analysis will give you the answer. As we go through the analysis, we explore the support and resistance levels and the future scenario of Ton. As the Ton price today dropped, it has instilled fear in the minds of already-invested investors. Let’s explore why so much selling pressure is coming through and when and where this all ends. Without any further delay, let’s dive into the Ton price analysis and find out what’s going on.

Ton Price Analysis of the Last 24 Hours

After marking the high of $3.580, the price dropped. The first breakout of this drop happened at 00:00 UTC, forming a spike and channel pattern. The channel tried to overcome the selling pressure by breaking out to the upside, but it failed. Another upward-moving channel appeared, which broke out to the downside at 06:00 UTC, corroborated by a death cross of MACD, pushing the price lower. At 06:30 UTC, RSI dropped below the level of 30, indicating a pullback or a reversal. The price pulled back in the form of an upward-moving trendline and formed a range. 

Chart 1: Analysed by vallijat007, published on TradingView, March 4, 2025

The range broke out to the downside at 14:40 UTC, pushing the price lower. Another oversold condition appeared in RSI at 14:55 UTC, which again helped in the formation of a converging triangle that broke out to the downside at 18:05 UTC. The breakout was further corroborated by MACD at 18:10 UTC, forming a spike and channel pattern. The channel pushed the price lower, marking the low for 3rd March at $3.100.

Potential Breakout Scenarios for Tron on 4th March

A golden crossover at 20:10 UTC pushed the price higher, forming a range. The range broke out to the downside, forming a spike and a channel pattern at 01:45 UTC on 4th March. RSI dropped below the level of 30, helping in the formation of an upward-moving channel that formed a range at its upper end. The market marked its low for 4th March at $2.820.

If the price of the range breaks out to the upside, a short-term bullish momentum could be seen, and if it breaks to the downside, a bearish sentiment also corroborates it and pushes the price lower, potentially marking another all-time low.

Final Thoughts: Downtrend Persists Amid Strong Selling Pressure

The major trend in Ton’s price is still a downtrend, showing Ton’s selling pressure as the Ton crashed below its all-time high. There is no sign of a reversal to the uptrend, as shown by the Ton price today. Already-invested investors should take a second look at their investments. If anyone wants to take a new position, proper risk management is necessary, or they can wait as the price drops further. If the selling pressure in the whole crypto market does not vanish soon, and it is not likely that it will, Ton’s price may continue to decline.