Toncoin (TONUSD) Price Forecast: June 12
TONUSD price is going long at the moment. The coin price sends a clear bullish signal trading above the EMA line indicating buyers are making solid progress. The crypto gave a bullish breakout from the $7.23 value, suggesting buyers are making a recovery attempt. Consequently, if the cryptocurrency’s price remains above the $7.67 high mark, the possible rally could accelerate to the $8.00 upper resistance level and beyond.
Key Levels:
Resistance Levels: $5.00, $6.00, $7.00
Support Levels: $3.00, $2.00, $1.00
TON (USD) Long-term Trend: Bullish (Daily Chart)
The long–term chart of TONUSD shows that the price is going long. The coin price is above the moving average making higher highs and higher lows which indicates an uptrend. The upward trend will likely continue following the increasing volume by the bulls.
The successful breakout by the bulls to the $7.19 supply value during yesterday’s session also contributed to the crypto price going long in recent times.
The Toncoin price is going long as we can see from the daily chart. Buyers made a strong push up to the $7.23 supply value above the EMA-50 to open the daily chart today, trying to replenish the bullish momentum. Thus if this bullish growth pattern is steady, an established uptrend will be achieved.
Additionally, due to an upward momentum shown by the price indicator, the Toncoin might continue going long to retest the $7.67 resistance level and could expose the coin price to the $8.00 upper high level soon in its long-term outlook.
TON (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference of the short traders, the TONUSD price is going long on the medium-term chart. The price currently trades above the EMA making higher highs and moving towards the major upper resistance area. 
The successful breakout by the bulls to the $7.15 supply value during yesterday’s session has made the Toncoin market go long and retain its bullish strength lately.
The coin price currently trades at a $7.23 high value above the EMA line and shows intraday gains. This shows the high impact of the buy investors on the coin market; likewise, the downside risk remained uncertain.
Notably, the coin price is going long and this may continue as shown by the daily signal pointing upwards. Therefore we can expect the upward rally to reach the $8.00 upper resistance trend line soon in its medium-term outlook.
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