Today's trend of ton

As of September 5, 2025, TONcoin (TON) price fluctuated between $3.1 and $3.5, with the latest at around $3.27, up 3.3% intraday. Market sentiment is driven by multiple factors: investor confidence grew after Telegram founder Pavel Durov received travel permission, boosting the price; however, the CRSI indicates overbought conditions (93.65), with a negative MACD and slightly declining trading volume, suggesting a potential short-term pullback. On-chain data shows 73.82% of TON tokens are in profit, with a stable TVL of $1.7 billion, active whale transactions, and high social media buzz, supporting bullish sentiment. TON Strategy Company’s approval of a $250 million stock buyback plan, with intentions to raise funds for TON purchases if the stock price exceeds net asset value, further bolsters market confidence. Short-term support lies at $3.01, with resistance at $3.45-$3.50. A breakout above resistance could push prices toward $3.80-$4.50, while a drop below support may test $2.40-$3.00. Investors should monitor whale activity and trading volume, remaining cautious of short-term volatility, though the long-term outlook remains positive.