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Toncoin USD Plunges 25% to $1.31 as Selling Pressure Intensifies

September 17, 2026
09:01 AM
3 min read

Key Points

Toncoin USD fell 25% to $1.3145 in 24 hours, breaching Bollinger Band support.

Trading volume collapsed 54% below average to 127.5 million tokens.

RSI at 38.7 nears oversold; CCI at 193.1 signals potential reversal.

Meyka forecasts $0.55 in one month, 58% below current price.

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Toncoin USD fell 25% to $1.3145 in 24 hours, erasing $0.44 per token and marking the steepest single-day drop in months. No single news event explains the move. The collapse extends a brutal year for the token, which has lost 59% since September 2025. Trading volume contracted to 127.5 million, down 54% from the 276.6 million daily average, suggesting weak conviction behind the selling.

Why the technical picture turned bearish overnight

The RSI sits at 38.7, below the neutral 50 line and approaching oversold territory at 30, signaling that sellers have dominated the past 24 hours. The MACD remains flat at -0.02 with no crossover signal. Price now trades $0.08 below the Bollinger Band lower support at $1.29, indicating the move breached a key technical floor. The ADX reads 21.9, below the 25 threshold for a strong trend, meaning the decline lacks sustained directional force.

Momentum indicators show mixed signals on recovery odds

The CCI at 193.1 is overbought, a rare bright spot suggesting potential mean reversion, but the Stochastic %K at 18.9 is deeply oversold. The Williams %R at -96.4 is at its extreme, historically a reversal setup. However, the ROC at -7.9% and negative momentum of -0.03 confirm downward pressure. The Money Flow Index at 43.5 sits below 50, meaning more capital is flowing out than in.

Toncoin USD forecast shows severe near-term headwinds

Meyka’s 1-month forecast stands at $0.55, implying a further 58% decline from current levels. The 12-month forecast of $0.13 suggests a 90% drop over the year. These projections reflect the token’s vulnerability to sustained selling and lack of near-term catalysts. Forecasts may change due to market conditions, regulations, or unexpected events.

Volume collapse signals weak follow-through on the decline

Trading volume of 127.5 million sits 54% below the 276.6 million daily average, the lowest relative volume in weeks. Lower volume on a sharp down move often precedes consolidation or reversal, as weak hands exit and buyers step in at lower prices. The On-Balance Volume at -919 million remains deeply negative, confirming net selling pressure.

Final Thoughts

Toncoin USD’s 25% crash reflects sustained selling pressure without strong technical support or news catalyst. The RSI near 30 and CCI overbought suggest short-term reversal potential, but the forecast data and volume collapse indicate the downtrend has room to run. Traders should watch the $1.29 support level closely.

FAQs

Why did Toncoin USD drop 25% today?

No single news event triggered the move. Selling pressure intensified as volume fell 54% below average, pushing price below key technical support.

What does the RSI reading of 38.7 mean for Toncoin?

The RSI is below 50 and approaching oversold at 30, signaling heavy selling but also potential for a short-term bounce if buyers return.

What is Meyka’s price forecast for Toncoin USD?

The 1-month forecast is $0.55, down 58% from current price. The 12-month forecast is $0.13, implying a 90% decline.

Is Toncoin USD oversold right now?

The RSI at 38.7 and Williams %R at -96.4 suggest oversold conditions, but weak volume and negative momentum indicate selling may continue.

Disclaimer:

Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.

About Author

Author

Danny Kontos

Co Founder

Danny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.

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