Latest Toshi (TOSHI) Price Analysis

Deep Dive

1. Upbit Listing Momentum (Bullish Impact)

Overview: TOSHI’s September 17 listing on Upbit, South Korea’s largest exchange, sparked a 32% market cap surge to $349M (Weex). By September 18, its 24h volume hit $180M, a 954% spike.

What this means: Korean retail traders historically drive volatility in listed assets. Upbit’s liquidity injection and TOSHI’s visibility as a “Base ecosystem gem” amplified speculative demand. The exchange effect often creates multi-day momentum, especially for low-float tokens like TOSHI (420.69B supply).

What to watch: Sustained volume post-listing – a drop below $60M/day could signal profit-taking.

2. Memecoin Narrative Revival (Bullish Impact)

Overview: Cat-themed tokens surged in 2025, with TOSHI benefiting from its active community and viral campaigns. Recent tweets like “TOSHI’s got the momentum… unstoppable” (CryptoOnDMind) fueled FOMO.

What this means: Memecoins thrive on social sentiment. TOSHI’s 743.67% annual gain positions it as a “blue-chip” meme asset, attracting rotational capital during altseason (CMC Altcoin Season Index: 79). However, reliance on hype makes it vulnerable to sudden sentiment shifts.

3. Technical Breakout (Mixed Impact)

Overview: TOSHI broke above its 7-day SMA ($0.000755) and 30-day SMA ($0.000650), with RSI(7) at 68.28 nearing overbought territory. The MACD histogram turned positive (+0.000032259), signaling bullish momentum.

What this means: Traders often interpret crosses above key SMAs as buy signals. However, RSI above 70 could trigger profit-taking. Immediate support sits at $0.000767 (61.8% Fibonacci level), while resistance looms at $0.000908 (38.2% Fib).

Conclusion

TOSHI’s surge combines exchange-driven liquidity, memecoin mania, and technical triggers. While bullish momentum persists, monitor Upbit volumes and RSI levels for overheating signs.

Key watch: Can TOSHI hold above $0.000837 (50% Fib level) to confirm a new uptrend phase?

Deep Dive

1. Profit-Taking After Exchange-Driven Rally (Bearish Impact)

Overview: TOSHI spiked 32% after Upbit’s 2024 listing anniversary coverage (Weex), reaching a $375M market cap. However, 24h volume dropped 61.05% to $49.99M, signaling reduced buying momentum.

What this means: Short-term traders likely locked gains, typical after memecoin exchange-driven pumps. The asset’s 420.69B circulating supply magnifies sell pressure during low-volume periods.

Key watch: Sustained volume below $50M could prolong consolidation.

2. Technical Resistance and Overbought Signals (Mixed Impact)

Overview: TOSHI’s 7-day RSI (64.62) neared overbought territory, while price failed to hold above the critical $0.0008 Fibonacci resistance (50% retracement level).

What this means: The MACD histogram (+0.00003152) suggests bullish momentum, but RSI divergence hints at exhaustion. Immediate support lies at the 30-day SMA ($0.00064458), breached briefly during the dip.

Key watch: A close above $0.00083772 (50% Fib) could reignite bullish sentiment.

3. Broader Market Downturn (Neutral Impact)

Overview: Global crypto markets fell 1.23%, with altcoins underperforming Bitcoin’s dominance rise to 57.19%.

What this means: TOSHI’s memecoin status makes it sensitive to risk-off shifts. However, the Altcoin Season Index (79/100) suggests capital remains in speculative assets, limiting downside.

Conclusion

TOSHI’s dip reflects natural profit-taking after exchange-driven hype and technical headwinds, compounded by cautious market sentiment. While mid-term momentum stays bullish (95.70% 90d gain), traders should monitor whether $0.00064458 support holds.

Key watch: Can TOSHI decouple from broader market weakness if volume rebounds?