Toncoin (TON) edged lower in the past 24 hours after failing to extend gains above the $2.14 resistance zone, according to market data compiled today by CoinMarketCap. The token briefly touched $2.15 before sellers pushed it back toward $2.12, keeping price action inside its tight weekly range.
TON continues to trade within a narrow $0.15 band, with resistance seated near $2.14–$2.15 and support holding at $2.10–$2.13. The move comes as broader market volatility cools, although Telegram-linked ecosystem growth remains a medium-term tailwind for the asset. The TON blockchain has seen steady network activity this month, including rising user adoption for mini-apps and payments, which may help underpin sentiment if price stability persists.
Traders are watching for a decisive breakout supported by volume. A close above $2.15 could pave the way for a retest of recent highs, while a drop below $2.10 may trigger a deeper pullback.
Source: https://coinmarketcap.com/currencies/toncoin/
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