Toncoin (TONUSD) Price Forecast: August 15
The TONUSD price can keep rising and might increase to the $8.24 previous barrier as the crypto is facing a high volume from the buy traders. Now that the currency is rising towards the overhead resistance, it is likely to continue rising if buyers maintain their focus and put more pressure on the market’s momentum. The coin might turn upside down further to reach a $8.24 high level and beyond, resulting in an intraday gain and a big turnaround for the coin holders.
Key Levels:
Resistance Levels: $5.00, $6.00, $7.00
Support Levels: $3.00, $2.00, $1.00
TON (USD) Long-term Trend: Bearish (Daily Chart)
The TONUSD price might increase to the previous high level as it shows a sign of an upward retracement in its long-term view. The coin price is moving towards the resistance level, indicating a bearish trend. 
The sustained movement by the bears at the $6.16 low mark in the last session has contributed to the crypto’s price remaining below the supply levels in its recent high.
The current price of Toncoin at the $6.35 resistance level below the EMA-50 as the daily session opens today, indicates the returns of the bulls and might increase the crypto price to a significant level at the upside if the current support at the $6.16 level holds.
Notably, the daily signal points upward; if the coin buyers could demonstrate their strengths and move the TONUSD’s price towards the $8.24 previous high level, the potential rally might increase the coin price to a $9.00 upper high mark in the coming days, suggesting a high confidence from the major market players in its long term view.
TON (USD) Medium-term Trend: Bullish (4H Chart)
The TONUSD price is progressing forward in the medium term and might increase to retest its previous high due to an increasing volume of buy traders. The price currently trades slightly above the EMA-50, indicating a bullish trend, and might increase further. 
The price increase by the bulls to a $6.23 high mark in the past action has made the Toncoin market remain above the resistance level at its recent high. However, it seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair is on its way to the overhead resistance area.
After completing the downward movement at the $6.24 support level, Toncoin buyers pushed the coin market value to a $6.30 high mark above the EMA-50 to resume the 4-hourly chart today. Trading above the moving averages will enable the crypto price to keep pushing up.
Therefore, if the bulls should add more aggression to their activities in the market, the coin value might increase to the $7.31 previous resistance level, attracting more buyers to the crypto market.
Adding to this, the TONUSD price might increase to a new resistance level as indicated by the daily stochastic pointing up, the bulls could therefore aim at the psychological level at the $9.00 value in the upper resistance area in the days ahead in its medium-term perspective.
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