Toncoin shows bullish momentum with CoinCodex targeting $1.73 by March 10 and falling wedge pattern suggesting potential rally to $3.00 area based on technical Toncoin shows bullish momentum with CoinCodex targeting $1.73 by March 10 and falling wedge pattern suggesting potential rally to $3.00 area based on technical

TON Price Prediction: Targets $1.73 by March 10 as Technical Breakout Signals 120% Upside Potential

2026/03/12 18:41
4 min read
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TON Price Prediction: Targets $1.73 by March 10 as Technical Breakout Signals 120% Upside Potential

Lawrence Jengar Mar 12, 2026 10:41

Toncoin shows bullish momentum with CoinCodex targeting $1.73 by March 10 and falling wedge pattern suggesting potential rally to $3.00 area based on technical analysis.

TON Price Prediction: Targets $1.73 by March 10 as Technical Breakout Signals 120% Upside Potential

TON Price Prediction Summary

• Short-term target (1 week): $1.45 • Medium-term forecast (1 month): $1.60-$1.80 range
• Bullish breakout level: $1.38 • Critical support: $1.27

What Crypto Analysts Are Saying About Toncoin

Recent analyst projections paint a cautiously optimistic picture for TON's price trajectory. According to CoinCodex analysis from January 5, 2026, "Toncoin is expected to reach a price of $1.73 by March 10, 2026," representing approximately 29% upside from current levels.

Javon Marks identified compelling technical patterns on January 5, noting he "identified a falling wedge breakout on the daily chart, projecting a move of approximately 120% toward the $3 area." This ambitious target would represent substantial gains if the technical formation plays out as expected.

While specific analyst predictions remain limited, on-chain metrics and exchange data suggest growing institutional interest in TON's ecosystem development and telegram integration capabilities.

TON Technical Analysis Breakdown

Toncoin's current technical setup presents a mixed but increasingly constructive picture at $1.34. The RSI sits neutrally at 50.05, indicating neither overbought nor oversold conditions, while the MACD histogram at 0.0000 suggests bearish momentum is potentially exhausting.

The Bollinger Band position at 0.71 places TON well above the middle band ($1.31) and approaching the upper band resistance at $1.38. This positioning typically indicates building upward pressure, especially when combined with the recent 3.32% daily gain.

Moving average analysis reveals a compressed structure with the 7-day SMA ($1.33) and EMA 12 ($1.32) closely aligned with current price action. However, the 200-day SMA at $1.97 remains significantly elevated, highlighting the substantial correction TON has experienced from higher levels.

The daily ATR of $0.06 suggests moderate volatility, providing enough movement for trading opportunities while maintaining relative stability compared to more speculative altcoins.

Toncoin Price Targets: Bull vs Bear Case

Bullish Scenario

The primary resistance cluster around $1.38 represents the immediate hurdle for sustained upward movement. A decisive break above this level, confirmed by volume expansion, could trigger the falling wedge breakout pattern identified by technical analysts.

Upside targets include the $1.45 level as an initial objective, followed by the $1.73 CoinCodex target by March 10. The more ambitious $3.00 projection from the wedge pattern would require sustained momentum and broader crypto market cooperation.

Key bullish confirmations needed include RSI breaking above 60, MACD histogram turning positive, and daily closes above the upper Bollinger Band at $1.38.

Bearish Scenario

Downside risks center around the immediate support at $1.30, with stronger support forming around $1.27. A break below these levels could expose the lower Bollinger Band at $1.23.

The concerning element remains the elevated 200-day moving average at $1.97, indicating TON trades well below longer-term technical health. Any broader crypto market weakness could pressure TON toward the $1.20-$1.15 range.

Risk factors include potential Telegram regulatory challenges, general altcoin underperformance, or failure to maintain current ecosystem growth momentum.

Should You Buy TON? Entry Strategy

Current levels around $1.34 offer a reasonable risk-reward setup for TON price prediction scenarios. Conservative entry points include pullbacks to the $1.30-$1.32 range, utilizing the middle Bollinger Band as dynamic support.

Aggressive traders might consider entries above $1.38 resistance breaks, targeting the $1.45-$1.50 area initially. Stop-loss placement below $1.27 provides approximately 5% downside protection while maintaining upside exposure to analyst targets.

Position sizing should remain modest given TON's distance from long-term moving averages and the speculative nature of the falling wedge breakout projection.

Conclusion

The Toncoin forecast presents cautiously optimistic scenarios supported by recent analyst projections and improving technical indicators. The $1.73 March target appears achievable given current momentum, while the $3.00 wedge target remains speculative but technically possible.

Current price action suggests accumulation around $1.30-$1.35 levels, with potential for 20-30% gains if resistance breaks hold. However, investors should maintain disciplined risk management given crypto market volatility.

Disclaimer: Cryptocurrency price predictions involve significant risk and should not constitute financial advice. Past performance does not guarantee future results, and all investments should align with individual risk tolerance and investment objectives.

Image source: Shutterstock
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