Telegram Reaffirms Commitment to $TON Ecosystem Amid FUD
- FUD Clarification: Telegram's $TON token sales are fully vested, with Stotz emphasizing that this structure is designed to prevent market shocks, thereby enhancing investor confidence and maintaining the long-term growth potential of the TON project.
- Market Confidence Restoration: In response to rumors on social media about Telegram dumping $TON, Stotz quickly refuted these claims as misleading and harmful, indicating Telegram's ongoing confidence in the TON blockchain.
- Ecosystem Support: Although Telegram has stepped back from direct development, it continues to actively support the growth of the TON ecosystem, emphasizing deeper integration of TON into its messaging platform to foster tools for developers.
- Strengthened Strategic Role: Stotz reiterated that Telegram is not exiting the TON project but is instead ensuring TON's sustainability by supporting community-led growth, further solidifying its position in the crypto market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for TON
Technical Sentiment Analysis for Toncoin (TON) As of , Toncoin (TON) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TON stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TON is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Toncoin (TON) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.843 | 0.983 | 1.178 | 1.318 | 1.513 | 1.653 | 1.848 |
| Fibonacci | 0.983 | 1.111 | 1.19 | 1.318 | 1.446 | 1.525 | 1.653 |
About TON
About the author
