Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai.

TON/USDT weekly price chart. Source: TradingView

TON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with crypto analyst Crypto Patel highlighting a “great entry zone” for long-term investors.

TON is eyeing a 100% rally in 2025

As Crypto Patel notes, TON’s price has “perfectly bounced” from its support level of around $2.50.

Furthermore, the support falls inside the $2.40-3.00 area that served as resistance in December 2022-April 2023 and September 2023-April 2024 periods. The analyst argues that the area now served as a “great entry zone,” citing TON’s ongoing rebound from the same range.

TON/USDT weekly price chart. Source: TradingView/Crypto

Read More at https://cointelegraph.com/news/toncoin-great-entry-zone-pavel-durov-france-ton-price?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound

Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai.

TON/USDT weekly price chart. Source: TradingView

TON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with crypto analyst Crypto Patel highlighting a “great entry zone” for long-term investors.

TON is eyeing a 100% rally in 2025

As Crypto Patel notes, TON’s price has “perfectly bounced” from its support level of around $2.50.

Furthermore, the support falls inside the $2.40-3.00 area that served as resistance in December 2022-April 2023 and September 2023-April 2024 periods. The analyst argues that the area now served as a “great entry zone,” citing TON’s ongoing rebound from the same range.

TON/USDT weekly price chart. Source: TradingView/Crypto

Read More at https://cointelegraph.com/news/toncoin-great-entry-zone-pavel-durov-france-ton-price?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai.

TON/USDT weekly price chart. Source: TradingView

TON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with crypto analyst Crypto Patel highlighting a “great entry zone” for long-term investors.

TON is eyeing a 100% rally in 2025

As Crypto Patel notes, TON’s price has “perfectly bounced” from its support level of around $2.50.

Furthermore, the support falls inside the $2.40-3.00 area that served as resistance in December 2022-April 2023 and September 2023-April 2024 periods. The analyst argues that the area now served as a “great entry zone,” citing TON’s ongoing rebound from the same range.

TON/USDT weekly price chart. Source: TradingView/Crypto

Read More at https://cointelegraph.com/news/toncoin-great-entry-zone-pavel-durov-france-ton-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.

On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.

XRP/ETH weekly price chart. Source: TradingView

XRP potential breakout versus ETH

The XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.

For instance, analyst Dom highlights 0.0012 ETH as a historically significant resistance level, a threshold that has consistently preceded explosive rallies in past cycles. He notes that XRP has gone parabolic after breaking this resistance, delivering gains

Read More at https://cointelegraph.com/news/forget-solana-xrp-flip-ethereum-first-5-year-high?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.

On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.

XRP/ETH weekly price chart. Source: TradingView

XRP potential breakout versus ETH

The XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.

For instance, analyst Dom highlights 0.0012 ETH as a historically significant resistance level, a threshold that has consistently preceded explosive rallies in past cycles. He notes that XRP has gone parabolic after breaking this resistance, delivering gains

Read More at https://cointelegraph.com/news/forget-solana-xrp-flip-ethereum-first-5-year-high?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.

On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.

XRP/ETH weekly price chart. Source: TradingView

XRP potential breakout versus ETH

The XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.

For instance, analyst Dom highlights 0.0012 ETH as a historically significant resistance level, a threshold that has consistently preceded explosive rallies in past cycles. He notes that XRP has gone parabolic after breaking this resistance, delivering gains

Read More at https://cointelegraph.com/news/forget-solana-xrp-flip-ethereum-first-5-year-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin experiencing ‘shakeout,’ not end of 4-year cycle: Analysts

Bitcoin’s historic bull cycle remains intact despite widespread investor concerns over the current downturn, which analysts suggest may be just a temporary “shakeout” before the next upward move in the market.

Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.

Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.

“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.

BTC/USD, 1-year chart. Source: Cointelegraph

“Despite this, Bitcoin’s 4-year cycle remains

Read More at https://cointelegraph.com/news/bitcoin-shakeout-not-end-4-year-cycle-analysts?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound

Bitcoin experiencing ‘shakeout,’ not end of 4-year cycle: Analysts

Bitcoin’s historic bull cycle remains intact despite widespread investor concerns over the current downturn, which analysts suggest may be just a temporary “shakeout” before the next upward move in the market.

Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.

Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.

“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.

BTC/USD, 1-year chart. Source: Cointelegraph

“Despite this, Bitcoin’s 4-year cycle remains

Read More at https://cointelegraph.com/news/bitcoin-shakeout-not-end-4-year-cycle-analysts?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

Bitcoin’s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts.

Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.

Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.

“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.

BTC/USD, 1-year chart. Source: Cointelegraph

“Despite this, Bitcoin’s 4-year

Read More at https://cointelegraph.com/news/bitcoin-shakeout-not-end-4-year-cycle-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Toncoin open interest soars 67% as Pavel Durov departs France

Toncoin Open Interest (OI) has jumped 67% over the past 24 hours amid reports of Telegram founder Pavel Durov’s departure from France, where he had been required to stay since his arrest seven months ago.

On March 15, Toncoin (TON) OI  — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures —  reached $169 million, representing a 67% increase from the previous day when the reports of Durov’s departure first surfaced, according to CoinGlass data.

Toncoin open interest reaches highest level in 42 days

It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.

TON is The Open Network’s native cryptocurrency and is the exclusive blockchain infrastructure for Telegram’s Mini App ecosystem.

Toncoin open interest surged 67% on March 15. Source: <a

Read More at https://cointelegraph.com/news/toncoin-open-interest-surgest-telegram-founder-pavel-durov?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound