Toncoin Enters Low-Risk Zone, Signaling Potential Price Surge

• Toncoin's Normalized Risk Metric signals a low-risk phase, suggesting a potential accumulation period for investors before a price surge.  
• Toncoin’s blockchain adoption rate is climbing, with new addresses actively joining the network, reflecting its growing ecosystem.  
• TON price shows upward momentum, with targets of $6 to $7 if it breaks the daily SMA 50 at $5.883.  

Toncoin (TON) could be poised for a significant price rally, according to CryptoQuant's recent analysis. The platform highlights that the Normalized Risk Metric (NRM) for TON is entering a low-risk phase, which historically correlates with accumulation periods and potential price increases. The NRM evaluates the relationship between the asset's current price and its exponential moving averages, adjusted for risk variations using logarithmic scales.  

When the metric approaches the blue zone, it often signals an optimal buying range. Historical trends indicate that such periods frequently lead to substantial upward price movements, presenting strategic opportunities for investors seeking low-exposure accumulation phases.  

Blockchain Metrics Point to Growing Ecosystem 

Besides the risk indicator, other metrics show that Toncoin's ecosystem is expanding. CryptoQuant recently noted a consistent rise in the new adoption rate of TON’s blockchain. The number of new addresses engaging in their first transactions is climbing steadily, reflecting the network's growing popularity among users.  

This rise in adoption aligns with Toncoin's focus on developing its platform, which continues to attract new participants and expand its reach. Consequently, the increasing user activity bolsters TON’s bullish outlook, making the asset an attractive option in the evolving crypto landscape.  

TON Price Recovers Amid Broader Market Trends  

Toncoin has been navigating a broad price range since late August, with a notable surge in late November that briefly pushed the token to $7.20. However, subsequent price corrections brought it back into its previous range.  

Recently, TON’s price has shown signs of recovery following a market-wide sell-off. After hitting a support level of $4.99 on January 13, the token has risen for three out of four days, trading at $5.63 at the time of writing.  

Potential Breakout Above Key Resistance Levels 

Looking ahead, a decisive break above the daily SMA 50, currently at $5.883, could initiate a fresh bullish run for Toncoin. If this resistance level is surpassed, the token might target prices of $6 and $7, with the potential for further gains depending on market momentum.  

However, in case of a decline, key support levels lie between $4.50 and $5, which may act as a safety net for traders. The daily RSI hovering near the midpoint suggests that TON might consolidate briefly before its next major move, offering traders a window to strategize.