Toncoin trades at $1.60 as Blockchain.News maps a 200-day average at $1.55

Blockchain.News published two technical notes on Toncoin in which it puts the token at $1.60, described in both pieces as a narrow24-hour range of $1.58 to $1.64 on Binance spot volume of roughly $7.7 million. The outlet says the 200-day simple moving average sits at $1.55 and is the level it treats as a line in the sand for the bears, and it also flags the 200-day SMA holding as the one thing keeping sellers from pressing harder. Its October 7 follow-up adds a MACD reading at zero and frames two possible paths, a move toward $1.75 or a drop to $1.52, with support described at $1.57 and $1.63 as an upper trigger in different passages. Blockchain.News also links the token's fortunes to Bitcoin correlation and to liquidity rotating toward DeFi and meme assets, which it says has weighed on mid-cap Layer-1s such as TON. Both articles come from the same outlet, and both are written as price-prediction commentary rather than reporting of any event, filing or corporate action, so nothing here is confirmed by a second source.