Toncoin Surges Past $1.4 Amid Breakout from Falling Wedge Pattern

Toncoin's recent price movement suggests a potential shift towards upward momentum after breaking out of a falling wedge pattern. According to CoinMarketCap, the cryptocurrency has surged by 4% over the last 24 hours and 14.81% over the last week.

The technical indicators on TradingView show that prices have been below the moving average from December 2025 to March 2026 but have now increased by 10% after breaking out above the upper Bollinger Band.

The Relative Strength Index (RSI) has surged to 60.35, indicating a fast increase in buying activity without reaching an overbought level yet. This follows a Bollinger Band Squeeze pattern, which is indicative of a large breakout to come when volatility is low.