TRON (TRX) Price Prediction 2024, 2025, 2026-2030 

TRON (TRX) Price Prediction 2024, 2025, 2026-2030 

  • Bullish TRX price prediction for 2024 is $0.14463 to $0.18145.
  • TRON (TRX) price might reach $0.5 soon.
  • Bearish TRX price prediction for 2024 is $0.09602.

In this TRON (TRX) price prediction 2024, 2025-2030, we will analyze the price patterns of TRX by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS

INTRODUCTION

  • TRON (TRX) Current Market Status
  • What is TRON (TRX)?
  • TRON (TRX) 24H Technicals

TRON (TRX) PRICE PREDICTION 2024

  • TRON (TRX) Support and Resistance Levels
  • TRON (TRX) Price Prediction 2024 — RVOL, MA, and RSI
  • TRON (TRX) Price Prediction 2024 — ADX, RVI
  • Comparison of TRX with BTC, ETH
TRON (TRX) PRICE PREDICTION 2025, 2026, 2027-2030
CONCLUSION
FAQ

TRON (TRX) Current Market Status

Current Price $0.1259
24 – Hour Price Change 2.36% Down
24 – Hour Trading Volume $394,393,335
Market Cap $10,972,101,363
Circulating Supply 87,174,924,669 TRX TRX
All – Time High $0.3004 (On Jan 05, 2018)  
All – Time Low $0.001091 (On Sep 15, 2017)  

TRX Current Market Status
(Source: CoinMarketCap)

What is TRON (TRX)

TICKER TRX
BLOCKCHAIN TRON
CATEGORY Blockchain based digital platform
LAUNCHED ON September 2017
UTILITIES Governance, Fast Transactions, gas fees & rewards

TRON (TRX) exists as the native crypto coin on the TRON blockchain. TRON was founded by Justin Sun and is managed by the TRON Foundation. Initially, TRX was launched as an ERC-20 token on the Ethereum blockchain in 2017. Later in 2018, TRX migrated onto its native blockchain. TRON blockchain runs based on the delegated proof-of-stake (DPoS) consensus mechanism.

TRON (TRX) is utilized as a governance token on the blockchain granting voting rights. It is also deployed as credit card payments too. Even more, TRX continues to stay as a potential payment option for content creators.

TRON 24H Technicals

TRON (TRX) Price Prediction 2024, 2025, 2026-2030  PlatoBlockchain Data Intelligence. Vertical Search. Ai.
TRON (TRX) Price Prediction 2024, 2025, 2026-2030 

(Source: TradingView)

TRON (TRX) Price Prediction 2024

TRON (TRX) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the TRON price prediction for 2024 is explained below with a daily time frame.

TRON (TRX) Price Prediction 2024, 2025, 2026-2030  PlatoBlockchain Data Intelligence. Vertical Search. Ai.

TRX/USDT Horizontal Channel Pattern (Source: TradingView)

In the above chart, TRON (TRX) laid out a horizontal channel. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines.

At the time of analysis, the price of TRON (TRX) was recorded at $0.1259. If the pattern trend continues, then the price of TRX might reach the resistance levels of $0.14913 and $0.48794. If the trend reverses, then the price of TRX may fall to the support of $0.08290, and $0.04660.

TRON (TRX) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of TRON (TRX) in 2024.

TRON (TRX) Price Prediction 2024, 2025, 2026-2030  PlatoBlockchain Data Intelligence. Vertical Search. Ai.

TRX/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of TRON (TRX) for 2024.

Resistance Level 1 $0.14463
Resistance Level 2 $0.18145
Support Level 1 $0.11870
Support Level 2 $0.09602

TRX Resistance & Support Levels

TRON (TRX) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (TRX) are shown in the chart below.

TRON (TRX) Price Prediction 2024, 2025, 2026-2030  PlatoBlockchain Data Intelligence. Vertical Search. Ai.

TRX/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current TRON (TRX) market in 2024.

INDICATOR PURPOSE READING INFERENCE
50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.11864Price = $0.12788
(50MA < Price)
Bullish/Uptrend
Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 70.50141
<30 = Oversold
50-70 = Neutral>70 = Overbought
Nearly Overbought
Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume

TRON (TRX) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of TRON (TRX) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

TRON (TRX) Price Prediction 2024, 2025, 2026-2030  PlatoBlockchain Data Intelligence. Vertical Search. Ai.

TRX/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of TRON (TRX).

INDICATOR PURPOSE READING INFERENCE
Average Directional Index (ADX) Strength of the trend momentum 27.50616 Strong Trend
Relative Volatility Index (RVI) Volatility over a specific period 50.12

<50 = Low
>50 = High

High volatility

Comparison of TRX with BTC, ETH

Let us now compare the price movements of TRON (TRX) with that of Bitcoin (BTC), and Ethereum (ETH).

TRON (TRX) Price Prediction 2024, 2025, 2026-2030  PlatoBlockchain Data Intelligence. Vertical Search. Ai.

BTC Vs ETH Vs TRX Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of TRX is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of TRX also increases or decreases respectively.

TRON (TRX) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of TRON (TRX) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year  Bullish Price  Bearish Price
TRON (TRX) Price Prediction 2025 $0.5 $0.09
TRON (TRX) Price Prediction 2026 $1 $0.08
TRON (TRX) Price Prediction 2027 $1.5 $0.07
TRON (TRX) Price Prediction 2028 $2 $0.06
TRON (TRX) Price Prediction 2029 $2.5 $0.05
TRON (TRX) Price Prediction 2030 $3 $0.04

Conclusion

If TRON (TRX) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish TRON (TRX) price prediction for 2024 is $0.18145. Comparatively, if unfavorable sentiment is triggered, the bearish TRON (TRX) price prediction for 2024 is $0.09602. 

If the market momentum and investors’ sentiment positively elevate, then TRON (TRX) might hit $0.5. Furthermore, with future upgrades and advancements in the TRON ecosystem, TRX might surpass its current all-time high (ATH) of $0.3004. and mark its new ATH. 

FAQ

1. What is TRON (TRX)?

TRON (TRX) exists as the native crypto coin on the TRON blockchain. TRON was founded by Justin Sun and is managed by the TRON Foundation.

2. Where can you buy TRON (TRX)?

Traders can trade TRON (TRX) on the following cryptocurrency exchanges such as  Binance, KuCoin,Gate.io, LBank, FTX.

3. Will TRON (TRX) record a new ATH soon?

With the ongoing developments and upgrades within the TRON platform, TRON (TRX) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of TRON (TRX)?

TRON (TRX) hit its current all-time high (ATH) of $0.3004 on Jan 05, 2018.

5. What is the lowest price of TRON (TRX)?

According to CoinMarketCap, TRX hit its all-time low (ATL) of $0.001091 On Sep 15, 2017.

6. Will TRON (TRX) hit $0.5?

If TRON (TRX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon.

7. What will be the TRON (TRX) price by 2025?

TRON (TRX) price might reach $1 by 2025.

8. What will be the TRON (TRX) price by 2026?

TRON (TRX) price might reach $1.5 by 2026.

9. What will be the TRON (TRX) price by 2027?

TRON (TRX) price might reach $2 by 2027.

10. What will be the TRON (TRX) price by 2028?

TRON (TRX) price might reach $2.5 by 2028. 


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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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