{"id":624406,"date":"2024-06-13T11:30:27","date_gmt":"2024-06-13T11:30:27","guid":{"rendered":"https:\/\/wncen.com\/?p=624406"},"modified":"2024-06-13T11:13:08","modified_gmt":"2024-06-13T11:13:08","slug":"toncoin-ton-40-breakout-buy-at-this-price","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/","title":{"rendered":"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst"},"content":{"rendered":"<p>In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez\u2019s analysis, delivered through detailed chart reviews <a href=\"https:\/\/x.com\/ali_charts\/status\/74737341\" target=\"_blank\" rel=\"noopener nofollow\">published<\/a> on X, provides a robust case for TON&#8217;s impending price movement, underpinned by classical chart patterns and Fibonacci retracement levels.<\/p>\n<h2>Toncoin Is on The Verge Of A Major Breakout<\/h2>\n<p>Martinez&#8217;s first chart showcases TON\/USDT plotted on a 12-hour timeframe, demonstrating a classic ascending triangle pattern. This pattern is recognized in technical analysis as a bullish signal, particularly when it forms during an uptrend as is evident with TON.<\/p>\n<p>An ascending triangle is characterized by a flat upper resistance line\u2014here, at approximately $7.54\u2014and a rising lower trendline that sequentially creates higher lows. The convergence of these lines indicates dwindling supply and increasing demand, suggesting that a breakout is likely as the price compresses.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/toncoin-ton-flips-ethereum-in-daily-active-users-fueling-10-price-target-predictions\/\" target=\"_blank\" rel=\"noopener \">Toncoin (TON) Flips Ethereum In Daily Active Users, Fueling $10 Price Target Predictions<\/a><\/div>\n<p>The target price of $11, which implies a 40% increase from the triangle\u2019s resistance line, is derived using the measured move method. This method calculates the breakout target by adding the widest point of the triangle to the breakout point. In TON&#8217;s case, the widest part of the triangle spans approximately $3.07 (40.03%), projecting from the <a href=\"https:\/\/wncen.com\/news\/toncoin-ton-forms-double-top-pattern-bearish-or-bullish\/\" target=\"_blank\" rel=\"noopener \">breakout resistance<\/a> could ideally set the price near $11.<\/p>\n<p>Martinez extends his analysis on a separate 4-hour chart of TON&#8217;s performance in a Tether (USDT) perpetual contract on Binance. This chart employs Fibonacci retracement levels to further refine the support and resistance thresholds. The Fibonacci levels, drawn from recent highs and lows, reveal crucial supports at $7.44 (23.6% retracement), $7.30 (38.2% retracement), $7.1912 (50% retracement) and $6.9220 (78.6% retracement).<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/toncoin-ton-faces-price-fatigue-possible-drawdown-ahead-analyst\/\" target=\"_blank\" rel=\"noopener \">Toncoin (TON) Faces Price Fatigue, Possible Drawdown Ahead \u2013 Analyst<\/a><\/div>\n<p>Compounding the technical narrative, the TD Sequential indicator\u2014an advanced tool used to predict price reversals\u2014points to a potential short-term pullback. Martinez notes this indicator suggests that TON might dip to around $7.2, aligning with the 23.6% Fibonacci level, before making the <a href=\"https:\/\/wncen.com\/news\/toncoin-ton-flips-ethereum-in-daily-active-users-fueling-10-price-target-predictions\/\" target=\"_blank\" rel=\"noopener \">significant bullish leap<\/a>. This dip is interpreted as a strategic entry point for investors, providing a lower risk <a href=\"https:\/\/wncen.com\/news\/toncoin-ton-faces-price-fatigue-possible-drawdown-ahead-analyst\/\" target=\"_blank\" rel=\"noopener \">buying opportunity<\/a> before the anticipated breakout.<\/p>\n<p>\u201cToncoin is gearing up for a potential 40% breakout, aiming for $11! However, the TD Sequential indicator suggests TON might briefly dip to $7.2 to gather liquidity before the upswing,\u201d Martinez noted via X.<\/p>\n<p>For traders and investors, understanding the strategic significance of the $7.2 entry point is crucial. This level not only represents mid-point of the retracement but also serves as a psychological support zone, where the market might consolidate gains before accumulating enough momentum for the potential breakout.<\/p>\n<p>At press time, Toncoin traded $7.59.<\/p>\n<figure id=\"attachment_624421\" aria-describedby=\"caption-attachment-624421\" style=\"width: 3628px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-624421 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?resize=3628%2C1675\" alt=\"Toncoin TON price\" width=\"3628\" height=\"1675\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=3628 3628w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=2048 2048w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=1140 1140w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/TONUSDT.P_2024-06-13_13-00-12.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-624421\" class=\"wp-caption-text\">TON price is on the verge of a new all-time high, 4-hour chart | Source:<a href=\"https:\/\/www.tradingview.com\/x\/sab5Q3dv\/\" target=\"_blank\" rel=\"noopener nofollow\"> TONUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image from Pintu, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez\u2019s analysis, delivered through detailed chart reviews published on X, provides a robust case for TON&#8217;s impending price movement, underpinned by classical chart patterns and Fibonacci retracement levels. Toncoin Is on The Verge Of A Major Breakout Martinez&#8217;s first chart showcases TON\/USDT plotted on a 12-hour timeframe, demonstrating a classic ascending triangle pattern. This pattern is recognized in technical analysis as a bullish signal, particularly when it forms during an uptrend as is evident with TON. An ascending triangle is characterized by a flat upper resistance line\u2014here, at approximately $7.54\u2014and a rising lower trendline that sequentially creates higher lows. The convergence of these lines indicates dwindling supply and increasing demand, suggesting that a breakout is likely as the price compresses. Related Reading: Toncoin (TON) Flips Ethereum In Daily Active Users, Fueling $10 Price Target Predictions The target price of $11, which implies a 40% increase from the triangle\u2019s resistance line, is derived using the measured move method. This method calculates the breakout target by adding the widest point of the triangle to the breakout point. In TON&#8217;s case, the widest part of the triangle spans approximately $3.07 (40.03%), projecting from the breakout resistance could ideally set the price near $11. Martinez extends his analysis on a separate 4-hour chart of TON&#8217;s performance in a Tether (USDT) perpetual contract on Binance. This chart employs Fibonacci retracement levels to further refine the support and resistance thresholds. The Fibonacci levels, drawn from recent highs and lows, reveal crucial supports at $7.44 (23.6% retracement), $7.30 (38.2% retracement), $7.1912 (50% retracement) and $6.9220 (78.6% retracement). Related Reading: Toncoin (TON) Faces Price Fatigue, Possible Drawdown Ahead \u2013 Analyst Compounding the technical narrative, the TD Sequential indicator\u2014an advanced tool used to predict price reversals\u2014points to a potential short-term pullback. Martinez notes this indicator suggests that TON might dip to around $7.2, aligning with the 23.6% Fibonacci level, before making the significant bullish leap. This dip is interpreted as a strategic entry point for investors, providing a lower risk buying opportunity before the anticipated breakout. \u201cToncoin is gearing up for a potential 40% breakout, aiming for $11! However, the TD Sequential indicator suggests TON might briefly dip to $7.2 to gather liquidity before the upswing,\u201d Martinez noted via X. For traders and investors, understanding the strategic significance of the $7.2 entry point is crucial. This level not only represents mid-point of the retracement but also serves as a psychological support zone, where the market might consolidate gains before accumulating enough momentum for the potential breakout. At press time, Toncoin traded $7.59. Featured image from Pintu, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":624422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[12143,87378,87713,87714,92582,79564],"class_list":["post-624406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ton","tag-ton-price","tag-toncoin","tag-toncoin-price","tag-toncoin-price-prediction","tag-tonusd"],"acf":[],"yoast_head":"\n<title>Toncoin (TON) Set For 40% Surge: Buy At This Price, Says Analyst<\/title>\n<meta name=\"description\" content=\"Crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toncoin (TON) Set For 40% Surge: Buy At This Price, Says Analyst\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T11:30:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-13T11:13:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst\",\"datePublished\":\"2024-06-13T11:30:27+00:00\",\"dateModified\":\"2024-06-13T11:13:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\"},\"wordCount\":478,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600\",\"keywords\":[\"TON\",\"Ton price\",\"Toncoin\",\"Toncoin price\",\"Toncoin price prediction\",\"TONUSD\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\",\"url\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\",\"name\":\"Toncoin (TON) Set For 40% Surge: Buy At This Price, Says Analyst\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600\",\"datePublished\":\"2024-06-13T11:30:27+00:00\",\"dateModified\":\"2024-06-13T11:13:08+00:00\",\"description\":\"Crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600\",\"width\":800,\"height\":600,\"caption\":\"Toncoin TON Price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/wncen.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Toncoin (TON) Set For 40% Surge: Buy At This Price, Says Analyst","description":"Crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/","og_locale":"en_US","og_type":"article","og_title":"Toncoin (TON) Set For 40% Surge: Buy At This Price, Says Analyst","og_description":"Crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11.","og_url":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-06-13T11:30:27+00:00","article_modified_time":"2024-06-13T11:13:08+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600","type":"image\/png"}],"author":"Jake Simmons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst","datePublished":"2024-06-13T11:30:27+00:00","dateModified":"2024-06-13T11:13:08+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/"},"wordCount":478,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600","keywords":["TON","Ton price","Toncoin","Toncoin price","Toncoin price prediction","TONUSD"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/","url":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/","name":"Toncoin (TON) Set For 40% Surge: Buy At This Price, Says Analyst","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600","datePublished":"2024-06-13T11:30:27+00:00","dateModified":"2024-06-13T11:13:08+00:00","description":"Crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600","width":800,"height":600,"caption":"Toncoin TON Price"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/wncen.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst","url":"http:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/toncoin-ton-40-breakout-buy-at-this-price\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ton","ton price","toncoin","toncoin price","toncoin price prediction","tonusd"],"dateCreated":"2024-06-13T11:30:27Z","datePublished":"2024-06-13T11:30:27Z","dateModified":"2024-06-13T11:30:27Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/toncoin-ton-40-breakout-buy-at-this-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/toncoin-ton-40-breakout-buy-at-this-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Ton.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Ton.png?fit=800%2C600\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ton\",\"ton price\",\"toncoin\",\"toncoin price\",\"toncoin price prediction\",\"tonusd\"],\"dateCreated\":\"2024-06-13T11:30:27Z\",\"datePublished\":\"2024-06-13T11:30:27Z\",\"dateModified\":\"2024-06-13T11:30:27Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Ton.png?fit=800%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/624406"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=624406"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/624406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/624422"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=624406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=624406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=624406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}