Categories: Technical analysis

Toncoin Wave Analysis – 2 October 2025

Toncoin: ⬆️ Buy

– Toncoin reversed from support zone

– Likely to rise to resistance level 3.000

Toncoin cryptocurrency recently reversed up with the daily Hammer from the support area between the multi-month support level 2.6000 (former multi-month low from June) and the lower daily Bollinger Band.

The support level 2.600 was strengthened by the intersecting lower support trendline of the downward sloping channel from August.

Given the strength of the support level 2.6000, Toncoin cryptocurrency can be expected to rise to the next round resistance level 3.000 (former support from July).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Toncoin

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