Toncoin in 'great entry zone' as Pavel Durov's France exit fuels TON price rally

TON price may rise toward the $5-6 range next as it bounces sharply from its lowest levels in a year following Pavel Durov’s exit from France, technicals suggest.

Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai.

TON/USDT weekly price chart. Source: TradingView

TON’s bullish reversal, especially after falling to $2.35, its lowest level in a year, has traders eyeing key price levels, with crypto analyst Crypto Patel highlighting a “great entry zone” for long-term investors.

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