Resistance

TRON

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<ul class="wp-block-list"> 
 <li><strong>Bullish TRX price prediction for 2024 is </strong><strong>$0.1701</strong><strong> to </strong><strong>$0.2009</strong><strong>.</strong></li> 
 <li><strong>TRON (TRX) price might reach $0.5 soon.</strong></li> 
 <li><strong>Bearish TRX price prediction for 2024 is </strong><strong>$0.1235</strong><strong>.</strong></li> 
</ul> 
<p>In this TRON (TRX) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 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 <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.&nbsp;</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>TRON (TRX) Current Market Status</li>
      <li>What is TRON (TRX)?</li>
      <li>TRON (TRX) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      TRON (TRX) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>TRON (TRX) Support and Resistance Levels</li>
      <li>TRON (TRX) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>TRON (TRX) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of TRX with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>TRON (TRX) PRICE PREDICTION 2025, 2026, 2027-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-tron-trx-current-market-status"><span style="font-weight: 400;">TRON (TRX) Current Market Status</span></h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$0.1641</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">0.02% Up</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$328.52M</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$14.18B</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">86.45B TRX</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$0.3004 (On Jan 05, 2018) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.001091 (On Sep 15, 2017) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   TRX Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/tron/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-tron-trx">What is TRON (TRX)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>TRX</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>TRON</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Blockchain based digital platform</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>September 2017</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, Fast Transactions, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><span style="font-weight: 400;"><a href="https://thenewscrypto.com/tron-network-generated-48-million-in-revenue-in-q4-2022/" target="_blank" rel="noreferrer noopener">TRON</a> (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 <a href="https://thenewscrypto.com/news/ethereum-news/" target="_blank" rel="noreferrer noopener">Ethereum</a> blockchain in 2017. Later in 2018, TRX migrated onto its native<a href="https://thenewscrypto.com/blockchain-news/" target="_blank" rel="noreferrer noopener"> blockchain</a>. TRON blockchain runs based on the delegated proof-of-stake (DPoS) consensus mechanism.</span></p> 
<p><span style="font-weight: 400;">TRON (TRX) is utilized as a governance token on the blockchain granting voting rights. It is also deployed as a credit card payment. Even more, TRX continues to stay as a potential payment option for content creators.</span></p> 
<h2 class="wp-block-heading" id="tron-24h-technicals">TRON 24H Technicals</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="365" src="https://thenewscrypto.com/wp-content/uploads/2024/10/image-122-1024x365.png" alt="" class="wp-image-112729" srcset="https://thenewscrypto.com/wp-content/uploads/2024/10/image-122-1024x365.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-122-300x107.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-122-768x274.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-122-1536x547.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-122.png 1762w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="h-tron-trx-price-prediction-2024">TRON (TRX) Price Prediction 2024</h2> 
<p>TRON (TRX) ranks 9th 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.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/d3GJ40Vz/" alt="">
 </figure>
</div> 
<p><em>TRX/USDT Ascending Triangle Pattern (Source: </em><a href="https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, TRON (TRX) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.&nbsp;</p> 
<p>If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.</p> 
<p>At the time of analysis, the price of TRON (TRX) was recorded at $0.1641. If the pattern trend continues, then the price of TRX might reach the resistance levels of $0.1701, and $0.1935. If the trend reverses, then the price of TRX may fall to the support of $0.1557, and $0.1467.</p> 
<h2 class="wp-block-heading" id="tron-trx-resistance-and-support-levels">TRON (TRX) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of TRON (TRX) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/fsFIrlVJ/" alt="">
 </figure>
</div> 
<p><em>TRX/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of TRON (TRX) for 2024.</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$0.1701</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$0.2009</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$0.1462</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$0.1235</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><em>TRX Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="tron-trx-price-prediction-2024-rvol-ma-and-rsi">TRON (TRX) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>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.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/5q1j54Gl/" alt="">
 </figure>
</div> 
<p><em>TRX/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current TRON (TRX) market in 2024.</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $0.1581Price = $0.1656<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>58.8983<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="tron-trx-price-prediction-2024-adx-rvi">TRON (TRX) Price Prediction 2024 — ADX, RVI</h2> 
<p>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).<br></p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/9ZB349aP/" alt="">
 </figure>
</div> 
<p><em>TRX/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of TRON (TRX).</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>37.0915</td>
    <td>Strong Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>45.36<br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>Low volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-trx-with-btc-eth">Comparison of TRX with BTC, ETH</h2> 
<p>Let us now compare the price movements of TRON (TRX) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/7sQII3DO/" alt="">
 </figure>
</div> 
<p><em>BTC Vs ETH Vs TRX Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/TRXUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>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.</p> 
<h2 class="wp-block-heading" id="tron-trx-price-prediction-2025-2026-2030">TRON (TRX) Price Prediction 2025, 2026 – 2030</h2> 
<p>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.</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>TRON (TRX) Price Prediction 2025</td>
    <td>$0.6</td>
    <td>$0.09</td>
   </tr>
   <tr>
    <td>TRON (TRX) Price Prediction 2026</td>
    <td>$0.8</td>
    <td>$0.08</td>
   </tr>
   <tr>
    <td>TRON (TRX) Price Prediction 2027</td>
    <td>$1.2</td>
    <td>$0.07</td>
   </tr>
   <tr>
    <td>TRON (TRX) Price Prediction 2028</td>
    <td>$1.6</td>
    <td>$0.06</td>
   </tr>
   <tr>
    <td>TRON (TRX) Price Prediction 2029</td>
    <td>$2</td>
    <td>$0.05</td>
   </tr>
   <tr>
    <td>TRON (TRX) Price Prediction 2030</td>
    <td>$2.4</td>
    <td>$0.04</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>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 $0.2009. Comparatively, if unfavorable sentiment is triggered, the bearish TRON (TRX) price prediction for 2024 is $0.1235.&nbsp;</p> 
<p>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.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is TRON (TRX)?</h4> 
<p>TRON (TRX) exists as the native crypto coin on the TRON blockchain. TRON was founded by Justin Sun in 2017 and is managed by the TRON Foundation.</p> 
<h4 class="wp-block-heading">2. Where can you buy TRON (TRX)?</h4> 
<p>Traders can trade TRON (TRX) on the following cryptocurrency exchanges such as &nbsp;Binance, KuCoin,Gate.io, LBank, and Bybit.&nbsp;</p> 
<h4 class="wp-block-heading" id="h-3-will-tron-trx-record-a-new-ath-soon">3. Will TRON (TRX) record a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the TRON platform, TRON (TRX) has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of TRON (TRX)?</h4> 
<p>TRON (TRX) hit its current all-time high (ATH) of $0.3004 on Jan 05, 2018.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of TRON (TRX)?</h4> 
<p>According to CoinMarketCap, TRX hit its all-time low (ATL) of $0.001091 on Sep 15, 2017.</p> 
<h4 class="wp-block-heading">6. Will TRON (TRX) hit $0.5?</h4> 
<p>If TRON (TRX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon.</p> 
<h4 class="wp-block-heading">7. What will be the TRON (TRX) price by 2025?</h4> 
<p>TRON (TRX) price might reach $0.6 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the TRON (TRX) price by 2026?</h4> 
<p>TRON (TRX) price might reach $0.8 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the TRON (TRX) price by 2027?</h4> 
<p>TRON (TRX) price might reach $1.2 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be the TRON (TRX) price by 2028?</h4> 
<p>TRON (TRX) price might reach $1.6 by 2028.</p> 
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<p><em>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.</em></p>

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

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