{"id":35602,"date":"2022-09-08T18:43:56","date_gmt":"2022-09-08T22:43:56","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=35602"},"modified":"2022-09-08T18:44:00","modified_gmt":"2022-09-08T22:44:00","slug":"toncoin-price-prediction-2022-buying-ton","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/toncoin-price-prediction-2022-buying-ton\/","title":{"rendered":"Toncoin price prediction 2022: Buying TON?"},"content":{"rendered":"\n
\"tron
Toncoin price prediction 2022: Buying TON?<\/figcaption><\/figure>\n\n\n\n

Today, the value of Toncoin (TON) rose by more than 13.74 percent, and over the last week, it has risen by an incredible 26.88 percent.<\/p>\n\n\n\n

Toncoin has gained 146% since its low of $0.75 on June 18, 2022, and is now trading at $1.85 at the time of writing.<\/p>\n\n\n\n

Will Toncoin continue to appreciate during the bear market?<\/p>\n\n\n\n

Toncoin price forecast 2022<\/h3>\n\n\n\n

Since the end of July, the Toncoin (TON) cryptocurrency has maintained a steady increase. <\/p>\n\n\n\n

Toncoin has only lately attained significant popularity and a substantial trade volume.<\/p>\n\n\n\n

Yesterday, the price of Toncoin skyrocketed to $2.14 and has since had a 14.2% retracement. <\/p>\n\n\n\n

At the time of writing this article, Toncoin is trading within a descending channel and a breakout to the upside is possible.<\/p>\n\n\n\n

If Toncoin is able to retest and break through the $1.86 resistance trendline, we may see bullish price momentum up to the next technical goal of $2.00.<\/p>\n\n\n\n

Toncoin must maintain the $1.71 support trendline in order to prevent a loss of price structure and a potential continuation below.<\/p>\n\n\n\n

Notably, as a result of the current positive momentum, the relative strength indicator indicates that Toncoin is now overbought, which could indicate that the bulls are losing steam and a negative reversal may occur.<\/p>\n\n\n\n

Toncoin could retest yesterday's swing high of $2.14 if it is able to overcome the $2.00 resistance level.<\/p>\n\n\n\n

If this level is breached, the Fibonacci extension suggests a realistic technical price target for Toncoin in Q4 2022 of $2.25.<\/p>\n\n\n\n

Huobi Global's $1.5 Million TON Prize Pool<\/h3>\n\n\n\n

The buzz surrounding the Huobi Global centralized exchange's partnership with TON may have acted as a price catalyst recently.<\/p>\n\n\n\n

Here is the official Tweet promoting the huge event that will conclude at 12:00 UTC on September 17, 2022.<\/p>\n\n\n\n

\n

#HuobiEarn\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> \u00d7 $TON<\/use><\/svg><\/span><\/a> Flash Deals \ufe0f\u26a1\ufe0f

\ud83d\ude0d$1.5 Million mega prize pool

10-day \u2014300% APY
30-day \u2014100% APY
90-day \u201470% APY

\u2705Follow @HuobiGlobal<\/use><\/svg><\/span><\/a> @ton_blockchain<\/use><\/svg><\/span><\/a> + RT

\ud83c\udf8110 * 5 $USDT<\/use><\/svg><\/span><\/a> to be randomly pickedhttps:\/\/t.co\/I9f1X4OIU9<\/use><\/svg><\/span><\/a> pic.twitter.com\/RhftamUp1i<\/use><\/svg><\/span><\/a><\/p>— HTX (@HTX_Global) September 7, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

Huobi Global is launching a deposit event for TON where traders can make deposits to get a high rate of return.<\/p>\n\n\n\n

Users must execute the TON spot transaction in order to qualify for the TON deposit quota.<\/p>\n\n\n\n

In addition, it is claimed that Toncoin may soon be listed on the Binance exchange, which would result in tremendous exposure and organic volume for TON, as well as anticipated good price action.<\/p>\n\n\n\n

According to Coinmarketcap, the market capitalization of Toncoin is $2.2 billion. <\/p>\n\n\n\n

There are currently 1.22 billion TON coins in circulation out of a maximum of 5 billion.<\/p>\n\n\n\n

Troncoin may experience a 5-10x increase during the next crypto bull run if sufficient protocol updates and marketing initiatives are implemented.<\/p>\n\n\n\n

If you're looking for a cryptocurrency that could 5-10x before the end of the year, Tamadoge could deliver.<\/p>\n","protected":false},"excerpt":{"rendered":"

Today, the value of Toncoin (TON) rose by more than 13.74 percent, and over the last week, it has risen by an incredible 26.88 percent. Toncoin has gained 146% since its low of $0.75 on June 18, 2022, and is now trading at $1.85 at the time of writing. Will Toncoin continue to appreciate during […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[9464,152,132],"class_list":["post-35602","post","type-post","status-publish","format-standard","hentry","category-news","tag-toncoin-ton","tag-bitcoin","tag-crypto"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/35602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=35602"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/35602\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=35602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=35602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=35602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}