{"id":13890,"date":"2025-10-21T09:50:22","date_gmt":"2025-10-21T09:50:22","guid":{"rendered":"https:\/\/bitunikey.com\/news\/toncoin-braces-for-80m-token-unlock-this-week-will-ton-price-crash-further\/"},"modified":"2025-10-21T09:50:28","modified_gmt":"2025-10-21T09:50:28","slug":"toncoin-braces-for-80m-token-unlock-this-week-will-ton-price-crash-further","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/toncoin-braces-for-80m-token-unlock-this-week-will-ton-price-crash-further\/","title":{"rendered":"Toncoin braces for $80M token unlock this week: will TON price crash further?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Toncoin faces an $80 million token unlock on October 23. Can the TON price withstand the pressure?<\/p>\n<div id=\"cn-block-summary-block_558d7d8279b92e992aea22c5e15cf778\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>TON price failed to reclaim the $2.50 zone after rebounding from the flash crash to $0.54 on October 10, with the level now acting as major resistance.<\/li>\n<li>With an $80 million unlock on October 23, TON risks a drop toward $1.83 or even $1.50 if selling pressure intensifies.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Toncoin (TON) price has recently broken below a critical support level at $2.50-$2.55, which is aligned with the 0.618 Fib, a zone that had held firm for months. The breakdown occurred on October 10, coinciding with a massive market liquidation event that wiped out nearly $19 billion in leveraged positions across the crypto market. During that session, TON price plunged from an opening price of $2.74 to as low as $0.54, marking an 80% intraday crash before quickly recovering.<\/p>\n<p>Following the liquidation cascade, TON price staged a brief technical rebound, but momentum has since faded. TON is now consolidating above the new short-term support around $2.00, trading at $2.19 at press time. The former support at $2.50 has now flipped into major resistance.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">TON price chart | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=OKX%3ATONUSDT\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">TON price post-unlock outlook<\/h2>\n<p>With an <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/unlocks\/ton\" target=\"_blank\" rel=\"nofollow\">$80 million unlock<\/a> set for October 23, TON\u2019s chances of reclaiming that resistance as support are not looking good. The RSI continues to track below its long-term descending trendline that began in late July. Each rally attempt since then has resulted in a lower RSI high, signaling that momentum remains firmly in bearish territory. At present, RSI sits near 35, showing weak recovery and limited buying conviction.<\/p>\n<p>If buying pressure fails to strengthen, a rejection near the $2.50 resistance zone could trigger a renewed decline toward the next Fibonacci support around $1.83. A break below that level would further confirm the bearish continuation pattern, potentially setting the stage for a deeper retracement toward the $1.50 region.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toncoin faces an $80 million token unlock on October 23. Can the TON price withstand the pressure? Summary TON price failed to reclaim the $2.50 zone after rebounding from the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13890"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13890\/revisions"}],"predecessor-version":[{"id":13892,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13890\/revisions\/13892"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13891"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}