Key Takeaways:
In retrospect, Tron (TRX) has performed better than most mega-altcoins. The coin has consistently registered higher highs over the last 365 days, rising by 76%. Over the long term, TRX is set to trend higher.
TRX is the native token of the Tron network used to govern and settle transaction fees. You can purchase TRX on Binance, Bybit, OKX, Kraken, and KuCoin. It is also listed on decentralized exchanges like Uniswap V2 and PancakeSwap V2 (BSC).
Is TRX a good investment? Will it go up? Where will it be in three years? Our Cryptopolitan Price Prediction answers these questions and more.
Cryptocurrency | Tron |
Ticker | TRX |
Current price | $0.1566 |
Market cap | $13,546,728,975 |
Trading volume | $235,185,373 |
Circulating supply | 86,621,564,791 TRX |
All-time low | $0.001091 on Sep 15, 2017 |
All-time high | $0.3004 on Jan 5, 2018 |
24-hour low | $0.1564 |
24-hour high | $0.1545 |
Metric | Value |
Volatility (30-day variation) | 10.74% |
50-day SMA | $ 0.138395 |
200-day SMA | $ 0.127315 |
Sentiment | Bullish |
Fear and greed index | 26 (Fear) |
Green days | 20/30 (67%) |
TL;DR Breakdown
On September 29, 2024, Tron price analysis revealed an upward trend for the cryptocurrency. Coin value has increased up to $0.1566 in the last 24-hours. The continual ascent has led to an overall recovery of 1.34% as well. This creates a favorable scenario for the investors, as the bulls have been ruling the market for the past two days.
The 1-day price chart of Tron coin confirmed an increasing trend for the cryptocurrency. Coin value has sought a bullish recovery above the $0.1566 marker in the past 24-hours. Side by side, the overall market sentiment remains in favor of the bulls as well. However, considering the increasing volatility, there is a high chance of reversal in the market events.
The gap between the Bollinger bands determines the market volatility. As this gap is undergoing an expansion, this refers to a rise in the volatility levels. Moreover, the upper limit of the Bollinger bands indicator, acting as the support band, has moved to $0.1564. Whereas, the lower limit of the Bollinger bands indicator, serving as yet another support band, has shifted to $0.1468.
The Relative Strength Index (RSI) indicator resides close to the overbought market. Its overall value has increased up to 61.80, considering the constant upswing since the past few weeks. This increasing movement confirms a bullish trend and, therefore, a positive market sentiment. The ascending curve on the RSI graph signifies an intensifying buying activity for the day.
The four-hour price analysis of Tron coin revealed an upward trend for the currency. Coin value has advanced up to $0.1566 high in the past four hours. The green candlesticks on the four-hour price chart mark an upward swing. Considering the upturn, the coin value has stepped beyond its moving average value.
The area between the Bollinger bands is converging, leading to declining volatility. This decline refers to lower market unpredictability. Moreover, the upper limit of the Bollinger Bands indicator, serving as the resistance band, has moved to $0.1569. Whereas, the lower limit of the Bollinger bands indicator, acting as support, has shifted to $0.1527.
The RSI indicator is situated close to the overbought limit. Its value has spiked up to 66.21, amidst the growing bullish momentum. The rising curve on the RSI graph signifies a strong turnover and a buying influx. If the current trend continues, the market can enter a prolonged period of stability.
Period | Value ($) | Action |
SMA 3 | 0.141594 | BUY |
SMA 5 | 0.147554 | BUY |
SMA 10 | 0.153418 | SELL |
SMA 21 | 0.148532 | BUY |
SMA 50 | 0.138395 | BUY |
SMA 100 | 0.12965 | BUY |
SMA 200 | 0.127315 | BUY |
Period | Value ($) | Action |
EMA 3 | 0.151689 | SELL |
EMA 5 | 0.146953 | BUY |
EMA 10 | 0.140468 | BUY |
EMA 21 | 0.135498 | BUY |
EMA 50 | 0.131578 | BUY |
EMA 100 | 0.127874 | BUY |
EMA 200 | 0.122253 | BUY |
TRX is a coin with utility that continues to trade higher, indicating growing adoption among crypto investors. Despite this, the coin remains a victim of uncertainties and volatility. Our Cryptopolitan price prediction explores its expected movements from 2024 to 2030.
Tron price analysis for the day gives out a highly bullish prediction regarding the ongoing market events. Coin value has hiked up to $0.1566 during the day considering the rising bullish momentum. Moreover, overall, the currency has received up to 1.34% of a boost in the past 24 hours. This creates favorable circumstances for the investors regarding future price increases. Technical indicators are giving out a positive signal, whereas the price charts continue to favor the bulls as well.
Tron is bullish this week. However, Tron reached its all-time high Total Value Locked (TVL) of $10 billion this year, and the TRX price is well above its all-time high. However, this month, the blockchain is one of the currencies most affected by the bullish cloud.
Yes, Tron should rise above $0.5 in 2027. During that period, its price will range between $0.4581 and $0.5714.
Yes, Tron should rise above $1 in 2029. During that period, its price will range between $0.9668 and $1.17.
Per the Cryptopolitan price prediction, Tron will unlikely reach $10 before 2030.
According to Cryptopolitan price predictions, Tron is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
A break of resistance will result in a mini bull run, with the next target at $0.1734. This month, SNX will average at $0.1524 and drop to $0.1315 at its lowest.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
September | 0.1315 | 0.1524 | 0.1734 |
The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.1656 and $0.1896, with an average price of $0.1718.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2024 | 0.1656 | 0.1718 | 0.1896 |
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | $0.2386 | $0.2472 | $0.2877 |
2026 | $0.3527 | $0.3626 | $0.4253 |
2027 | $0.5494 | $0.5639 | $0.6118 |
2028 | $0.7580 | $0.7806 | $0.9452 |
2029 | $1.15 | $1.18 | $1.32 |
2030 | $1.62 | $1.66 | $1.95 |
The Tron price forecast for 2025 sets the high at $0.2877. The lowest price for the year will be $0.2386, and the average price will be $0.2472.
It will experience more bullish momentum in 2026. According to the predictions, it will range between $0.3527 and $0.4253, with an average price of $0.3626.
The TRX prediction climbs even higher into 2027; according to the prediction, it will range between $0.5494 and $0.6118, with an average price of $0.5639.
The analysis suggests a further acceleration in TRX’s growth by 2028. According to the Tron price prediction, the price of Tron will range between a minimum price of $0.7580 and a maximum price of $0.9452. The average price for the year will be $0.7806.
According to the Tron forecast 2029, the TRX price will reach a maximum and minimum of $1.32 and $1.15, respectively, with a year-round average of $1.18.
The TRX price prediction for 2030 indicates a price range of $1.62 and $1.95 and an average price of $1.66.
Platform | 2024 | 2025 | 2026 |
Digitalcoinprice | $0.28 | $0.33 | $0.46 |
Changelly | $0.12 | $0.23 | $0.33 |
Gate.io | $0.14 | $0.14 | $0.16 |
At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.1896 in the second half of 2024. In 2025, it will range between $0.2386 and $0.2877, with an average of $0.2472. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.