Toncoin outlook remains cautiously optimistic despite recent volatility linked to conflicting reports about a potential integration with Grok AI and Telegram. Over the past seven days, Toncoin (TON) has climbed 7.2%, holding most of its gains despite the market whiplash caused by Pavel Durov and Elon Musk’s contradicting statements.
Grok AI Partnership Sparks Surge — Then Doubts
The initial price surge came after Telegram founder Pavel Durov announced a one-year agreement involving Grok AI, triggering over 20% growth in TON. But the rally didn’t last. Elon Musk quickly responded:
“No contracts have been signed.”
That comment erased much of the gain in under 30 minutes. Later, Durov clarified that the agreement was only a “formal understanding,” which did little to restore investor confidence.
Despite this uncertainty, the Toncoin outlook has remained relatively strong, with the token retaining a solid portion of its weekly gains.
RSI Hints at Fading Momentum
From a technical standpoint, TON RSI currently sits at 69.47, down from an intraday peak of 81.55. RSI (Relative Strength Index) gauges the strength of a price move. Readings above 70 suggest an asset is overbought, while below 30 suggests oversold conditions.
TON’s RSI had surged from 45.47 to over 80 following the initial Grok AI announcement — a clear sign of intense buyer pressure. But now, with RSI slipping just below the overbought zone, the Toncoin outlook points to cooling momentum and possible consolidation or short-term correction.
Ichimoku Cloud: Still Bullish, But Losing Steam
Technically, TON is trading above the Ichimoku Cloud, which still supports a bullish bias. The price sits between the Tenkan-sen (conversion line) and the Chikou Span (lagging line) — indicating short-term upward momentum.
However, the gap between Tenkan-sen and Kijun-sen (base line) is narrowing. This hints at a weakening trend. Without renewed fundamental catalysts, the Toncoin outlook may shift from bullish to neutral or even bearish in the near term.
