TON Trend Analysis March 7, 2025: TON Recovered from $2.885 Dip, Aiming to Spike Over $3, Is it Possible Today?

Are you tracking the TON price today and wondering about its next move? The latest TON trend analysis highlights a dynamic market, with price fluctuations between key levels. After an initial dip below support, the market rebounded, turning a potential breakdown into a fakeout. The question remains: Will TON price prediction lean toward a sustained upward breakout or another retracement? With the price testing resistance and RSI indicating overbought conditions, traders must watch key technical signals. Understanding these shifts is crucial for strategic trading decisions. Let’s dive into the latest Toncoin price trends and what to expect next.

Toncoin Trend Analysis: March 6 Sees Fluctuations Between Support and Resistance

The trading day for TON began with a slight downward trend, influenced by the previous day’s death cross. The price fluctuated moderately, with the MACD line forming a golden cross at 1:40 UTC, initiating an upward channel. The price climbed gradually, with two overbought signals appearing on the RSI at 5:00 UTC and 5:30 UTC. However, at 5:50 UTC, the MACD line signaled a death cross, suggesting a potential downward move. 

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 7, 2025

As expected, the price declined, but a golden cross at 9:30 UTC helped push it back up. TON then fluctuated within a trading range, facing resistance at $3.113. At 16:10 UTC, another death cross on the MACD triggered a downward trend, aligning with oversold signals on the RSI at 17:00 UTC and 17:40 UTC. This sharp drop brought the price fall to the support level of $3.000. At 18:00 UTC, a golden cross on the MACD initiated an upward trend, leading to a steady recovery. The price continued its upward movement until 22:25 UTC when another death cross suggested a downward move.

Toncoin Price Recovers After Fake Breakdown, Faces Resistance at $3.043

According to TON trend analysis, the trading day of March 7 started with moderate fluctuations. At 00:15 UTC, the price dropped below the support level due to the previous day’s death cross. The RSI indicator suggested an oversold situation from 00:10 UTC to 01:00 UTC, leading the price to fall sharply and find temporary support at $2.885. However, a golden cross on the MACD line at 1:10 UTC triggered an upward trend.

The price began recovering, eventually breaking above the previous support level. This confirmed that the earlier breakdown was a fakeout, as the price re-entered the previous trading range. The price continued fluctuating within an upward trend, and at 6:50 UTC, an overbought situation on the RSI signaled temporary resistance at $3.043.

Toncoin Market Prediction

TON trend analysis suggests that Toncoin is currently navigating a volatile trading range. TON price today has shown resilience, recovering from its earlier breakdown and re-entering its previous range. If buying pressure sustains, the price could break past the $3.043 resistance and test the higher resistance at $3.113. However, if sellers regain control, TON price prediction indicates a possible retest of the $3.000 support level. A breakdown below this level could lead to further declines. Traders should monitor key indicators like RSI and MACD to gauge potential momentum shifts in the coming sessions