Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Gram (prev. Toncoin) Price Prediction: Will GRAM Price Rally Back to $2?

Gram (prev. Toncoin) Price Prediction: Will GRAM Price Rally Back to $2?

CoinpediaCoinpedia2026/06/21 20:30
By:Coinpedia
Story Highlights
  • GRAM is holding above its rising trendline support near $1.56, keeping the short-term recovery structure intact despite recent volatility.

  • A breakout above the $1.90 resistance zone could push GRAM toward $2.00 and $2.20, while losing support may trigger a drop toward $1.14.

The Gram price, previously known as Ton, has rebounded from the local lows and is trying to stage a strong recovery towards the lost ranges. Toncoin officially rebranded to Gram this month, reviving its original 2018 branding. The rebranding was backed by 81.22% of the community approval, signalling strong ecosystem backing. Soon after the announcement, the GRAM (TON) price surged 10% to 20%, showing strong speculative interest. Currently, the price is trading around $1.67 with a rise of over 5.12%, while the volume has dropped slightly by 23.88%. 

The primary catalyst appears to be the expansion of GRAM trading in futures, adding GRAM/USDT perpetual futures. But the question arises whether the price can reach $2 that may bring the token within a bullish range.

Gram has been attempting to stabilize after a sharp correction from its recent highs, with the token now trading near the $1.68 mark. The latest price action shows GRAM holding above a rising trendline support around $1.56, a level that has acted as a key base for the recent recovery structure. As long as this ascending support remains intact, the broader bullish setup stays in play.

Gram (prev. Toncoin) Price Prediction: Will GRAM Price Rally Back to $2? image 0

The RSI is hovering near neutral territory, indicating the token still lacks strong directional strength, while the MACD remains weak after a recent bearish crossover. This suggests that although buyers are defending support, stronger momentum will likely be needed for a sustained breakout. On the upside, GRAM faces immediate resistance in the $1.88–$1.92 zone, which has repeatedly capped price rallies over the past several weeks. 

For now, GRAM price remains stuck between rising support and overhead resistance, creating a tightening structure that often precedes a major move. If buyers manage to reclaim the $1.90 zone, the next targets could come in at $2.00 and $2.20. On the downside, losing the $1.56 trendline support may shift momentum back in favor of sellers, exposing the token to a drop toward the $1.14 support region.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

After Toshiba reported news of HDD production expansion, Morgan Stanley turned more bullish rather than bearish.

Morgan Stanley’s research indicates that the market has seriously overestimated Toshiba’s expansion scale — the doubling of capacity at its Philippines plant over two years translates to an annualized growth rate of about 30%, which is similar to the overall industry supply growth rate and far lower than demand growth. More importantly, channel checks show that Seagate and Western Digital have no intention of following suit with capacity expansion, and there are no signs of loosening in industry pricing.

华尔街见闻•2026/10/06 08:42

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0637 GMT - SK Innovation is likely to benefit from higher lubricant base oil prices, LS Securities analyst K.H. Chung says. The South Korean refiner is a global leader in premium lubricant base oils, producing about 80,000 barrels of Group III base oils a day, Chung writes in a note. She expects the supply shortage of lubricant base oils to persist for more than a year. Tight supply of kerosene and diesel and wider refining margins could also continue to boost the company's earnings, she adds. LS Securities upgrades the stock to buy from hold and raises its target price to 187,000 won from 126,000 won. Shares end 2.6% higher at 158,000 won. (kwanwoo.jun@wsj.com) 0113 GMT - YTL Power International could see upside from its expanding data-center and AI infrastructure, as well as renewed power-generation opportunities, says Hong Leong IB analyst Daniel Wong in a note. Its Kulai and Sedenak West hubs offer 2.4GW of potential data-center capacity, while its AI-GPU capacity could scale to 100MW or more and support a new services business. The procurement of seven gas turbines totaling 5.25GW also positions YTL for power-generation growth and supports its expanding data-center pipeline, he reckons. Higher water tariffs and planned treatment plants at its unit Ranhill Utilities should support earnings as Johor's water demand rises, he adds. Hong Leong raises its target price to 8.08 ringgit from 7.58 ringgit and keeps a buy rating. Shares are 1.4% higher at 5.62 ringgit. (yingxian.wong@wsj.com) The price fetched by Amplitude Energy for its natural gas in 1Q should improve on the prior three months, supporting growth in revenue. That's the view of Bell Potter analyst Stuart Howe, who points to higher gas volumes in the quarter. Also, spot natural gas prices recovered to a quarterly average of A$9.77 per gigajoule, from A$8.42 per gigajoule in 4Q of FY26. Amplitude is due to report its 1Q p

Dow Jones•2026/10/06 08:20