Tron Price Prediction 2024–2030: Will Tron reach $10?

0

Key Takeaways:

Our Tron price predictions anticipate a high of $0.1551 by the end of 2024.

In 2027, TRX will range between $0.4068 and $0.4996, with an average price of $0.4184.

In 2030, TRX will range between $1.38 and $1.56, with an average price of $1.41.

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.

Overview

CryptocurrencyTronTickerTRXCurrent price$0.1668Market cap$14,556,355,773Trading volume$894,232,760Circulating supply86,839,233,209 TRXAll-time low$0.001091 on Sep 15, 2017All-time high$0.3004 on Jan 5, 201824-hour low$0.168524-hour high$0.1615

Tron price prediction: Technical analysis

MetricValueVolatility (30-day variation)3.49%50-day SMA$ 0.12853200-day SMA$ 0.123347SentimentBearishFear and greed index17 (Extreme Fear)Green days16/30 (53%)

Tron price analysis: Bullish tide leads to hike past $0.1668 hurdle

Key takeaways:

Tron price analysis confirms an upward trend at $0.1668.

Coin value has gained up to 3.53% of recovery during the day.

Tron prices are seeking resistance around $0.1707 high.

On August 26, 2026, Tron price analysis revealed an upward trend for the cryptocurrency. Coin value has recovered up to $0.1668 high during the day. The upswing has been intensifying constantly since the past few weeks, resulting in a positive market sentiment. Overall, the cryptocurrency value has gained up to 3.53% of a boost. 

TRX/USD 1-day chart analysis: TRX value upgrades to $0.1668 after retrieval

The 1-day price chart of Tron reflects an increasing trend for the cryptocurrency. Coin value has achieved a $0.1668 target following the massive upward tide today. The increasing price movement is suggestive of a bullish trend. Moreover, the coin value has stepped up beyond the moving average as the buying pressure continues to accelerate.

The distance between the upper and lower limits of the Bollinger bands indicator determines volatility. As the bands are expanding quite rapidly, this indicates an increasing market volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as resistance, is present at $0.1707. Whereas, the lower limit of the Bollinger bands indicator, serving as support, is situated at $0.1115.

TRX/USD price chart. Image source: TradingView

The Relative Strength Index (RSI) indicator has now moved towards the overbought region. Its value has ascended up to 77.33 considering the rapid bullish wave. The upward movement of the RSI suggests that the buying activities are considerably higher as compared to the selling activities. This progression promises stability for the cryptocurrency as TRX continues to surpass hurdles.

TRX/USD 4-hour chart analysis: Cryptocurrency gains recovery beyond $0.1674

The four-hour price analysis of Tron gives out a highly bullish prediction regarding the ongoing market events. The cryptocurrency value has advanced up to $0.1674 high in the past four hours. This price movement indicates an intensifying buying activity as the bullish momentum continues to accelerate. Green candlesticks on the four-hour price chart signifies recovery for the cryptocurrency.

The area between the upper and lower bands of the Bollinger bands indicator is expanding. This indicates an increasing market volatility for the cryptocurrency. The upper side of the Bollinger bands indicator is present at $0.1689, determining the resistance point. Conversely, the lower side of the Bollinger bands indicator is at $0.1545, indicating the support levels. 

TRX/USD price chart. Image source: TradingView

The RSI indicator is situated close to the overbought region. Its current value is 68.56, following the increasing trend in the past four hours. The ascending movement of the RSI confirms a bullish trend. Moreover, the continual ascent of the RSI indicates a balanced trading environment for now.

TRX technical indicators: Levels and actions

Daily simple moving average (SMA)

PeriodValue ($)ActionSMA 3 0.12537SELLSMA 5 0.127727SELLSMA 10 0.131564SELLSMA 21 0.133552SELLSMA 50 0.12853SELLSMA 100 0.123714SELLSMA 200 0.123347BUY

Daily exponential moving average (EMA)

PeriodValue ($)ActionEMA 3 0.126341SELLEMA 5 0.128285SELLEMA 10 0.130927SELLEMA 21 0.132035SELLEMA 50 0.129248SELLEMA 100 0.125682SELLEMA 2000.1190BUY

Is TRX a good investment

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.

What can we expect from Tron price analysis next?

Tron price analysis gives out a highly bullish prediction regarding the ongoing market events. The cryptocurrency value has recovered up to $0.1668 high today. Overall, TRX/USD value has gained up to 3.53% of recovery during the day. The increasing trend indicates that the buying activities are dominating over the selling activities in the past 24-hours. Technical indicators as well as the price charts are favoring the bulls as per the influx since the past few weeks.

Why is Tron up?

Tron is bullish this month. Tron reached its all-time high Total Value Locked (TVL) of $10 billion this year and the TRX price being well above its all-time high. Additionally, the blockchain is consistently one of the most active in terms of the number of transactions and users.

Will Tron reach $0.5?

Yes, Tron should rise above $0.5 in 2027. Its price will range between $0.4581 and $0.5714 during that period.

Will Tron reach $1?

Yes, Tron should rise above $1 in 2029. Its price will range between $0.9668 and $1.17 during that period.

Will Tron reach $10?

Per the Cryptopolitan price prediction, Tron will unlikely reach $10 before 2030.

Does Tron have a good long-term future?

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.

Recent news/ opinions

Tron DAO announced that its active users wallet count has reached 2 million and the number of addresses with high stablecoin transfer volume has grown by 20% this year.

✍️”TRON exceeds all of its direct competitors with over 2M active wallet addresses. The number of addresses with a high stablecoin transfer volume has grown by 20% in 2024.”

How does #TRON‘s growth reflect broader trends in blockchain adoption?

Dive into @Cointelegraph‘s… pic.twitter.com/lx3Hmn8qiz

— TRON DAO (@trondao) August 6, 2024

Tether issued $1 billion in USDT tokens on Tron, boosting its stablecoin supply with zero transaction fees. As reported by Arkham and Nansen, this move aligns with the rising trend in the stablecoin market cap since June 29.

Tron price prediction August 2024

A break of resistance will result in a mini bull run, with the next target at $0.1423. This month, it will average at $0.1319 and drop to $0.1124 at its lowest.

MonthPotential low ($)Potential average ($)Potential high ($)August0.11240.13190.1423

Tron price prediction 2024

The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.1411 and $0.1551, with an average price of $0.1460.

YearPotential low ($)Potential average ($)Potential high ($)20240.14110.14600.1551

Tron price prediction 2025-2030

YearPotential low ($)Potential average ($)Potential high ($)2025$0.1928$0.2001$0.24242026$0.2799$0.2879$0.33882027$0.4068$0.4184$0.49962028$0.5971$0.6138$0.71132029$0.8699$0.9006$1.022030$1.38$1.41$1.56

Tron price prediction 2025

The Tron price forecast for 2025 sets the high at $0.2424. The lowest price for the year will be $0.1928, and the average price will be $0.2001.

Tron price prediction 2026

It will experience more bullish momentum in 2026. According to the predictions, it will range between $0.2799 and $0.3388, with an average price of $0.2879.

Tron price prediction 2027

The TRX prediction climbs even higher into 2027; according to the prediction, it will range between $0.4068 and $0.4996, with an average price of $0.4184.

Tron TRX price prediction 2028

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 $0.5971 and a maximum price of $0.7113. The average price for the year will be $0.6138.

TRX price prediction 2029

According to the Tron forecast 2029, the TRX price will reach a maximum and minimum of $1.02 and $0.8699, respectively, with a year-round average of $0.9006.

Tron crypto price prediction 2030

The TRX price prediction for 2030 indicates a price range of $1.38 and $1.56 and an average price of $1.41.

Tron market price prediction: Analysts TRX price forecast

Platform202420252026Digitalcoinprice$0.28$0.33$0.46Changelly$0.12$0.23$0.33Gate.io$0.14$0.14$0.16

Cryptopolitan’s TRX price prediction

At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.1551 in the second half of 2024. In 2025, it will range between $0.1928 and $0.2424, with an average of $0.2001. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.

Tron historic price sentiment

Jutin Sun founded Tron in 2017.

The Tron Foundation raised $70 million from an initial coin offering (ICO) the same year.

In January 2018, TRX reached its all-time high of $0.3004, and a month later, it reversed to levels below $0.05.

The Tron mainnet launched in May 2018. A month later, they migrated TRX from Ethereum to Tron. The news pushed it to a high of $0.09.

TRX consistently traded below $0.05 until the last quarter of 2020, when it began rising.

In 2021, it reached a high of $0.16. Tron was also reorganized as a DAO as Justin stepped down as CEO of Tron Foundation.

TRX was in a bear trend for the best part of 2022. 

In 2023, TRX maintained a consistent bull run, rising from a low of $0.05.

In March  2023, the SEC sued Justin for allegedly selling unregistered securities and promoting Tron and Bittorent tokens.

In February 2024, Circle announced the cessation of USDC stablecoin on the Tron ecosystem. This news forced TRX to correct from the year’s high $0.1429.

TRX maintained its price above $0.1234 till the mid of May, but stepped down to $0.1113 by the end of month.

Tron price started to improve by the start of June and in July it reached $0.1398.

By the end of July 2024, TRX value started to decrease again, and it is trading near $0.1235 on August 6.

You might also like
Leave A Reply

Your email address will not be published.

You have not selected any currency to display