Tron Price Prediction for 2024, 2025-2026 and Beyond

2024.03.05 2024.03.05
(TRX) Tron Price Prediction for 2024, 2025-2026, and Beyond

Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/

Delve into the world of Tron (TRX) with our insightful forecast, guiding you through its potential stability and market movements. Through our analysis, investors will learn about TRX’s future from expert opinions and key price indicators that aim to demystify Tron’s financial journey.

Investors and traders pondering “Are (TRX) Tron prices expected to go up or down?” may find solace in the forecast’s implication of steadiness. Whether you’re a budding enthusiast or a seasoned trader, this article is designed to equip you with the knowledge needed to navigate the ever-evolving landscape of cryptocurrency.

Main takeaways: (TRX) Tron Price Prediction 2024-2030

The key takeaways on Tron’s (TRX) potential price performance through 2030:

• Current Price: $0.13753

• 2024 Year-End Price: Ranging from $0.119 to $0.172, with a potential average of $0.14 (CryptoNewsZ)

• 2025 Price: Between $0.15 and $0.26 expected, with average estimates around $0.22 (CryptoNewsZ, price prediction)

• Long Term, 2027-2030 Price: Could reach $0.73 on average by 2030, with an outside chance at $11 in a highly bullish scenario (Coinpedia, PrimeXBT)

In summary, expert analysis and forecasts suggest steady, incremental price appreciation for TRX over the next 5+ years. Continued development on Tron’s blockchain technology and ecosystem catering to content creators could boost adoption and usage, catalyzing gains. However, some risks around regulations and market volatility remain. Overall, TRX seems to offer respectable return potential for long-term crypto investors.

TRX Price Today Coming Days and Week

When analyzing the price of TRX/USD (TRON in relation to the US Dollar) in the short term, consider these technical analysis tools:

• Moving Averages: Implement short-term moving averages (like 5-day and 10-day) to track the trend direction. Look for crossovers as potential buying or selling signals.

• Relative Strength Index (RSI): The RSI can indicate overbought (above 70) or oversold (below 30) conditions, suggesting possible price reversals.

• MACD (Moving Average Convergence Divergence): Observe the MACD for changes in momentum, especially when the MACD line crosses the signal line, indicating potential trading opportunities.

• Bollinger Bands: These bands can help assess market volatility. When prices touch or exceed the bands, it may signal overextended market conditions, potentially leading to reversals.

• Volume Analysis: While more common in stock analysis, volume can still provide insights in crypto markets, confirming the strength behind price movements.

• Candlestick Patterns: Look for specific candlestick patterns (e.g., hammers, engulfing patterns, dojis) that may suggest short-term price movements and investor sentiment.

• Fibonacci Retracements: Use Fibonacci levels to identify potential support and resistance areas based on previous price movements, offering targets for short-term trading.

When forecasting the weekly price of TRON (TRX), consider the following factors:

• Cryptocurrency Market Trends: Analyze overall market sentiment and trends within the cryptocurrency space, as broader market movements can significantly impact TRON’s price.

• TRON Network Developments: Stay updated on any news related to the TRON blockchain, such as updates, new partnerships, or technological advancements, which can influence investor sentiment and demand for TRX.

• Regulatory News: Keep an eye on regulatory developments in key markets, as changes in cryptocurrency regulations can have immediate effects on prices.

• Technical Analysis: Employ technical analysis tools such as Moving Averages to understand trend directions, RSI for identifying overbought or oversold conditions, and MACD to detect momentum shifts.

• Trading Volume: Monitor trading volumes of TRX to gauge market interest. An increase in volume alongside price movements can indicate strong market support.

• DeFi and dApp Activity: Given TRON’s focus on decentralized applications (dApps) and DeFi, any significant activity or developments in these areas can impact TRX’s value.

• Global Economic Factors: Consider how global economic conditions and events, such as shifts in investor risk appetite or major geopolitical events, could affect the cryptocurrency market, including TRON.

Incorporating these tools can offer valuable insights into the short-term price behavior of TRXUSD.

Analysts’ TRX Price Projections for 2024

Let’s take a look at TRXUSD’s expert forecasts for 2024.

CryptoNewsZ’s 2024 Forecast for TRX’s Price

CryptoNewsZ offers a bullish outlook for TRX in 2024, predicting a gradual increase from $0.119 to $0.172 annually. The forecast indicates a steady ascent in TRX’s value, emphasizing the coin’s adaptability and potential sustained growth amidst market fluctuations.

Changelly’s 2024 Forecast for TRX’s Price

Price Range for 2024: $0.00604–$0.104 

Changelly analysts project a cautiously optimistic trajectory for TRX in 2024, with an average price range starting at $0.0113 and potentially peaking at $0.104 at the end of the year.

CoinPriceForecast’s 2024 Forecast for TRX’s Price

Coin Price Forecast Center envisions TRX stabilizing at around $0.14 throughout 2024, marking a modest yet positive growth of +29% of the previous year.

(TRX) Tron Price Technical Analysis

TRON (TRX) is a relatively new instrument. However, it currently ranks tenth among all cryptocurrencies. TRX has a circulating supply of 88 billion coins, with a market capitalization of over $12 billion.

Trading TRON can be done using any traditional strategy. When conducting technical analysis, traders effectively use support and resistance levels, trading channels and chart patterns.

Traders are also recommended to employ standard technical oscillators such as Stochastic and RSI. Even without the use of additional filters, these indicators can provide clear signals, especially on large timeframes.

TRXUSD has significant upside potential, so buying the pair during the downturn can yield good returns in the future. If you are confident in TRON’s prospects, now may be the best time to invest. The coin rate begins to rise after a long period of consolidation.

To avoid potential losses and maximize profits, you need to regularly review your strategy in accordance with changing market conditions. Having caught a wave, traders can maintain an investment strategy for an extended period of time without taking additional action. It should be taken into account that, according to the Fibonacci method, almost every subsequent wave has a certain correction at the level of 61.8%. This may serve as a signal for additional investment in the direction of the current trend.

TRXUSD price analysis for 3 months

TRX coin reached strong resistance at 1.40000, which indicates the beginning of a correction in the near future. This projected decline could cause the TRX rate to reach the Fibonacci level of 0.618, dropping to 1.20000. The RSI indicator indicates overbought conditions, while the MACD histogram is contracting, which also signals a possible correction and trend reversal.

Despite the possible decline, TRON continues to show stable growth over a long period of time. It is also expected that after the completion of the corrective movement, the TRX rate will resume its upward movement within the current uptrend. This trend is supported by general interest in the coin and positive news surrounding it.

Long-term TRXUSD price analysis for 2024

Weekly and daily charts confirm the beginning of a correction by the RSI indicator, which further indicates a possible price decline in the short term.

The weekly chart also shows a cup and handle chart pattern, which may indicate a possible continuation of the uptrend. After completion of the correction to the level of 1.20000, the price will form a handle, which will be a signal that the uptrend will continue. The turning point could be breaking out the resistance level at 1.40000. The expected price growth level will be 1.80000, which corresponds to the previous high. Based on the pattern depth analysis, the price may reach the level of 2.20000.

Fundamental factors can also influence the price of TRX. Recently, TRON has unveiled a plan for expansion into Bitcoin Layer 2 solutions. This plan includes the integration of cross-chain solutions to ensure the interaction of tokens from two crypto ecosystems. This may attract additional investment into the project and contribute to the growth of the altcoin’s value.

The table below shows the expected maximum and minimum TRX prices for 2024

Long-term trading plan for TRXUSD 

Let’s analyze the prospects of the TRX coin and develop a strategy for successful trading.

In the long term, it is reasonable to wait until the TRX price reaches the support level at approximately $1.20000. This level corresponds to the Fibonacci level of 0.618. This could happen if the correction starts in March 2024. If the indicators show signs of a trend reversal, then it would be advisable to consider buying TRX at the indicated price or slightly higher.

To minimize potential losses, it is recommended to set a stop loss below the support level, for example, at $1.11000. The resistance level around $1.18000 (a strong 2021 high) can serve as a take-profit level. Selling TRX at the specified price would be reasonable if there are signs of a trend reversal in the last quarter of 2024.

In the medium term, enter sales at the current level of 1.13500 with the goal of catching a correction to 1.20000. Set stop loss at 1.14500 and take profit at 1.20000.

Analysts’ TRX Price Projections for 2025

Let’s take a look at TRXUSD’s expert forecasts for 2025.

CryptoNewsZ’s 2025 Forecast for TRX’s Price

Price Range for 2025: $0.150–$0.216

Analysts at Cryptonewsz forecast a promising trajectory for TRON (TRX) in 2025, with price estimates ranging from $0.150 to $0.216. They highlight an encouraging growth rate, predicting an average trading price of $0.183, suggesting a bullish outlook for the cryptocurrency.

Changelly’s 2025 Forecast for TRX’s Price

Price Range for 2025: $0.0860–$0.275

Changelly’s experts are bullish on TRON, predicting its price to escalate between $0.235 and $0.275 by the end of 2025. Their projection indicates a robust appreciation in TRX value, reflecting optimism about the coin’s market performance and potential growth.

PricePrediction’s 2025 Forecast for TRX’s Price

Price Range for 2025: $0.1490–$0.2608

Price Prediction Network anticipates TRON’s price to vary between $0.2178 and $0.2608 by the end of 2025. They expect the coin to hit an average price of $0.2256, suggesting a positive market sentiment and a bullish trend for TRX in the approaching years.

Analysts’ TRX Price Projections for 2026

Let’s take a look at TRXUSD’s expert forecasts for 2026.

CryptoNewsZ’s 2026 Forecast for TRX’s Price

Price Range for 2026: $0.192–$0.276

CryptoNewsZ’s analysts predict TRON’s price might average around $0.234 in 2026, with potential highs reaching $0.276 and lows around $0.192. This forecast indicates a bullish trend for TRON, driven by expected market adoption and technological advancements within the TRON ecosystem.

PricePrediction’s 2026 Forecast for TRX’s Price

Price Range for 2026: $0.2143–$0.3888

According to PricePrediction.net, TRON is set to witness significant growth in 2026, with prices fluctuating between $0.2143 and $0.3888. They expect an average price of $0.3309, indicating a bullish outlook.

Changelly’s 2026 Forecast for TRX’s Price

Price Range for 2026: $0.243–$0.408

Analysts at Changelly anticipate cautious yet optimistic growth for TRON in 2026, projecting its price to range between $0.243 and $0.408. They predict an average trading cost of approximately $0.3402, suggesting a gradual increase throughout the year, reflecting broader cryptocurrency market trends and TRON’s developmental strides.

Long-Term TRX Price Prediction for 2027–2030

Let’s take a look at TRXUSD’s expert forecasts for 2027–2030.

Coinpedia’s Forecast for TRX’s Price 2027-2030

Price Range: $0.114–$0.73

Coinpedia’s analysis of TRX remains cautious and speculative, reflecting a potentially conservative future for TRX. By 2030, a realistic target could be around $0.73, assuming increased adoption of TRON and the broader crypto market.

Primexbt’s Forecast for TRX’s Price 2027-2030

Price Range: $0.03–$11.18

According to PrimeXBT’s analysis, TRX is bullish, potentially reaching $11.18 by 2030. They anticipate that ongoing developments in the DeFi ecosystem and increased platform usage will drive TRX’s growth. The forecast suggests a steady appreciation, with a potential high of $9.12 in 2027 and up to $10.18 by the end of 2029.

Recent Price History of the (TRX) Tron coin

The price of the Tron (TRX) cryptocurrency has seen significant volatility since its launch in 2017. Starting from just $0.008 in 2017, the TRX coin saw massive growth, reaching an all-time high price of $0.30 in early 2018. However, the crypto market decline soon brought the price back down to $0.01 by the end of 2018. Over the next few years, TRX struggled to regain the highs of 2018, trading between $0.01 and $0.05. In 2021, TRX reached $0.18 amid a resurgent crypto bull market.

However, 2022 saw prices decline to an average of $0.05 due to broader crypto market weakness. Currently, TRX is trading around $0.13753, with a market cap of $9.35 billion. As per tron price predictions, the long-term prospects look bullish, with expert forecasts suggesting TRX could reach over $0.14 by 2024.

Which Factors Impact TRX Price?

• Network Upgrades. The upcoming Tron Periander upgrade will boost Tron’s network capabilities and EVM compatibility. This could have a positive effect on TRX’s price.

• Regulatory Issues. The ongoing court case between Tron’s founder and the SEC could negatively impact investor confidence and TRX price.

• Macroeconomics. Potential interest rate hikes by the Federal Reserve in 2024 could result in declining crypto prices, including TRX, across the board.

• Technical Analysis. The TRX price chart shows an upward trend, with support around $0.047. If this holds, TRX could climb towards resistance at $0.09 by year’s end.

• Price Prediction. Given the above factors, TRX price predictions estimate potential lows of $0.00604, average prices of $0.07, and potential highs around $0.172 in 2024. Legal/regulatory and macroeconomic issues may offset network upgrades and bullish technical indicators.

Conclusion: Is It Worth Investing in TRX?

In conclusion, regarding TRX’s market performance, investing in Tron is a good option for long-term portfolio growth. Current prices around $0.098 present a decent entry point, with bullish forecasts suggesting TRX could reach over $0.14 by 2024 and continue appreciating to hit highs between $0.73 and $11 by 2030.

Key advantages are Tron’s robust blockchain technology and ecosystem catering to content. Tron’s powerful blockchain technology and ecosystem catering to content creators and developers are key advantages upside. However, regulatory disputes and potential market volatility remain risks worth monitoring. TRX seems poised for steady, incremental growth rather than explosive short-term gains.