The Relative Strength Index (RSI) serves as a critical momentum oscillator for assessing market sentiment and overbought or oversold conditions. For Toncoin, the RSI positioning below the 50-point threshold presents significant bearish implications for price trajectory and trader positioning.
When RSI falls below 50, it indicates that selling pressure has overtaken buying pressure in the market. According to recent technical analysis, TON's RSI at 42.91 demonstrates that the index remains entrenched in bearish territory, suggesting diminished buying momentum and sustained downward directional bias. This positioning directly corresponds with the cryptocurrency's inability to sustain price above critical moving averages, as the asset trades below both its 7-day simple moving average at $1.58 and 30-day SMA at $1.80.
The Fear and Greed index reinforces this bearish narrative, with readings below 50 points consistently preceding increased selling intensity. Market data reveals that open interest declined by 10 percent within a 24-hour period, reflecting growing trader skepticism regarding near-term recovery prospects.
Technical breakdown evidence demonstrates TON's sustained pressure, with the cryptocurrency currently trading at approximately $1.609 against its 24-hour high of $1.669. The combination of sub-50 RSI readings, diminished open interest, and positioning below major moving averages collectively indicate a technical environment favoring continued downward pressure rather than bullish reversal formation.
The MACD (Moving Average Convergence Divergence) indicator has been consistently signaling bearish momentum for TON throughout the recent price cycle. Technical analysts confirm that MACD remains entrenched in negative territory, with the signal line positioned below the MACD line, representing a classic bearish crossover pattern. This technical deterioration aligns with the significant price decline observed from October through November 2025.
The following metrics demonstrate the severity of the current technical weakness:
| Indicator | Reading | Status |
|---|---|---|
| MACD Position | Negative | Bearish |
| ADX (Average Directional Index) | Strong | Downtrend Confirmation |
| RSI Level | 41.35 | Oversold Territory |
| Price Performance (30D) | -18.58% | Significant Decline |
The convergence of multiple technical indicators reinforces the bearish narrative. Beyond MACD, the ADX indicator signals strong trend strength in the downward direction, suggesting persistent selling pressure. The RSI reading at 41.35 indicates oversold conditions, though this traditionally presents potential reversal opportunities for contrarian traders.
Given the negative MACD trajectory and confirming indicators, market participants should exercise caution regarding TON's short-term direction until meaningful technical recovery signals emerge through MACD line repositioning above the signal line.
TON is currently experiencing significant selling pressure as it trades substantially below all major moving averages. According to technical analysis, the Simple Moving Average at 7 days stands at $2.93, yet TON's current price of $1.609 represents a dramatic decline of approximately 45% below this critical technical level. This positioning indicates that bulls are struggling to regain control of the market.
The technical structure reveals a concerning pattern for price recovery. The cryptocurrency remains buried beneath its 50-day and 200-day moving averages, which typically serve as key resistance zones during downtrends. When an asset trades this far below its moving averages, it suggests institutional and algorithmic selling has overwhelmed accumulation efforts from smaller market participants.
Recent price action demonstrates the intensity of this selling pressure. A notable volume spike occurred when TON dropped sharply to $3.26 on 8.23 million volume—nearly triple the 24-hour average—confirming that large sellers are actively liquidating positions. The price subsequently found temporary support at $3.25, yet this level proved insufficient to establish a sustained recovery.
The continued downward pressure reflects broader bearish momentum where declining moving averages actively roll over, further discouraging bullish attempts. Any bounces into these declining moving averages face immediate resistance, creating a self-reinforcing cycle of selling pressure that typically precedes deeper price declines.
TON shows promise with strong partnerships, technological advantages, and growing adoption. Its long-term potential looks promising for investors.
Toncoin (TON) is the native cryptocurrency of The Open Network, a decentralized layer-1 blockchain. It's used for transactions, governance, and payments within the TON ecosystem.
As of December 4, 2025, 1 Toncoin is worth $1.52 USD. This price may fluctuate based on market conditions.
No, TON is not owned by Telegram. However, Telegram continues to actively support and use the TON blockchain, including integrating a TON wallet into the messenger in 2024.
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