Blockchain.news

TON Price Prediction: $1.60 Trap Door or Launch Pad? Bears Hold the Edge

July 11, 202606:03 AM
TON Price Prediction: $1.60 Trap Door or Launch Pad? Bears Hold the Edge

TON is currently locked in a high-stakes technical battle at the $1.60 level. With MACD momentum completely stalled and the price trading below both its 20 and 50-day moving averages, the market structure is signaling a lack of buying pressure, leaving the asset vulnerable to further downside volatility.

Technical indicators suggest a 60% probability of a price flush toward the $1.52–$1.55 support zone. For bulls to regain control and flip the script, TON must decisively break above the $1.67 resistance level, which remains the primary hurdle to reversing the current bearish dominance.

TON is nailed to $1.60 with MACD momentum fully dead and price stuck beneath both its 20 and 50-day moving averages. The path of least resistance currently points toward a potential flush to the $1.52–$1.55 range, carrying a 60% probability. The bears maintain the edge until the price can successfully break through the $1.67 resistance level, which is required to shift the market structure back to a bullish bias.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at Blockchain.news
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

Pivot to AI: Bitcoin Treasury Firm Empery Digital Sells Off Half of BTC Holdings
CoinDesk★ Featured

Pivot to AI: Bitcoin Treasury Firm Empery Digital Sells Off Half of BTC Holdings

Empery Digital is executing a massive strategic pivot by offloading approximately half of its Bitcoin stack. This move marks a definitive shift from its original Bitcoin treasury ambitions toward a high-stakes investment in AI data centers.

By liquidating its BTC holdings, the company aims to secure the necessary capital to fuel its transition into the artificial intelligence infrastructure space. This pivot highlights the growing tension between pure crypto-treasury models and the massive capital demands of the burgeoning AI revolution.
US Ultimatum to Iran: Strait of Hormuz Tension Hits Bitcoin Hard
Crypto Briefing★ Featured

US Ultimatum to Iran: Strait of Hormuz Tension Hits Bitcoin Hard

The geopolitical landscape has shifted significantly following a US ultimatum to Iran regarding the reopening of the Strait of Hormuz. This high-stakes confrontation threatens to disrupt global energy markets, creating a ripple effect that is already putting significant pressure on Bitcoin and broader financial stability.

Beyond the immediate threat to oil transit, the standoff highlights the interconnectedness between geopolitical conflict and digital assets. As the world watches the Strait of Hormuz, the resulting market volatility serves as a stress test for Bitcoin, proving that even decentralized assets remain susceptible to massive shifts in global political stability.
Bitcoin Rally: 10% July Surge Could Be a Trap Before 2022-Style Bear Market
CoinTelegraph★ Featured

Bitcoin Rally: 10% July Surge Could Be a Trap Before 2022-Style Bear Market

Bitcoin (BTC) has kicked off July with a powerful rally, approaching a 10% price gain within the first two weeks of the month. While this marks its strongest July performance since 2022, seasoned analysts are warning that this upward momentum might be deceptive.

Market data suggests that the current price action could be mirroring the devastating patterns of the 2022 bear market, with significant downside risks looming from August onward. Traders are advised to prepare for potential volatility as the market tests whether this rally can sustain itself or if a prolonged bearish cycle is imminent.
Silent Revolution: Stablecoins Move $76 Billion Every Weekend, Rivaling Visa's Daily Volume
Livecoins★ Featured

Silent Revolution: Stablecoins Move $76 Billion Every Weekend, Rivaling Visa's Daily Volume

A groundbreaking study from Binance Research reveals that the stablecoin ecosystem has reached a critical tipping point, moving a staggering $76 billion every single weekend. This massive transaction volume proves that the use of stablecoins for global payments is already outperforming several traditional financial methods, operating at scale even when conventional banking systems are dormant.

The implications are profound: the weekend capital flow via stablecoins is now comparable to the volume processed by Visa during standard business days. This data signals a structural shift in the global payment infrastructure, cementing stablecoins as an essential pillar for global liquidity and decentralized financial efficiency.
MicroStrategy Sells Bitcoin Again: Bearish Warning or Bullish Opportunity?
CryptoPotato★ Featured

MicroStrategy Sells Bitcoin Again: Bearish Warning or Bullish Opportunity?

MicroStrategy has shaken the market by selling over 3,500 units of Bitcoin this past week, sparking intense debate among traders. This sudden sell-off serves as a critical intel brief for those tracking institutional movements and the overall sentiment of the Bitcoin market.

Whether this action signals a looming bearish leg or a strategic reallocation remains to be seen. As volatility increases, investors are weighing whether this liquidation is a warning sign of a price drop or a tactical move that creates a bullish opportunity for savvy market participants.
Inter Milan’s Record Transfer: A Wake-Up Call for Crypto’s Missing Piece in Football
Crypto Briefing

Inter Milan’s Record Transfer: A Wake-Up Call for Crypto’s Missing Piece in Football

Inter Milan's record-breaking Israeli transfer serves as a stark reminder of the massive gap between sports marketing and financial execution. While football clubs increasingly embrace digital branding, the actual mechanics of high-stakes player transfers remain tethered to conventional financial frameworks, largely ignoring the transformative potential of crypto assets.

This reliance on traditional banking and legacy systems highlights a significant missed opportunity for the industry to adopt blockchain-driven efficiency. As the global transfer market grows more complex, the refusal to integrate crypto-based settlement layers could lead to increased friction and reduced transparency in future high-value deals.
Jornal Bitcoin Logo