Key Takeaways:
- Our Tron price predictions anticipate a high of $0.1896 by the end of 2024.
- In 2027, TRX will range between $0.5494 and $0.6118, with an average price of $0.5639.
- In 2030, TRX will range between $1.62 and $1.95, with an average price of $1.66.
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
| Cryptocurrency | Tron |
| Ticker | TRX |
| Current price | $0.1507 |
| Market cap | $13,030,501,813 |
| Trading volume | $302,423,226 |
| Circulating supply | 86,678,007,619 TRX |
| All-time low | $0.001091 on Sep 15, 2017 |
| All-time high | $0.3004 on Jan 5, 2018 |
| 24-hour low | $0.1507 |
| 24-hour high | $0.1491 |
Tron price prediction: Technical analysis
| 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%) |
Tron price analysis: Cryptocurrency upgrades to $0.1507 amidst hike
TL;DR Breakdown
- Tron price analysis confirms an upward trend at $0.1507.
- TRX coin has upgraded to 0.36% from its previous close.
- TRX prices are seeking resistance around $0.1569 high.
On September 19, 2024, Tron price analysis revealed an upward trend for the cryptocurrency. Coin value has increased up to $0.1507 high in the past 24-hours. Moreover, if observed overall, the cryptocurrency has gained up to 0.36% of recovery. This creates an encouraging scenario for the buyers regarding future increases.
TRX/USD 1-day chart analysis
The 1-day price chart of Tron reveals an increasing trend for the currency. Coin value has recovered up to $0.1507 high during the day. Side by side, the overall market sentiment remained in favor of the bulls as well. As the volatility is on the declining end, there is a lower chance of reversal in the market events.
The gap between the Bollinger bands defines market volatility. As this gap is continuously receding, this marks a decline in the market volatility. Moreover, the upper limit of the Bollinger bands indicator has shifted to $0.1569, securing the resistance point. Whereas, the lower limit of the Bollinger bands indicator has moved to $0.1460, indicating the available support.
The Relative Strength Index (RSI) indicator is present in the neutral region. Its value has improved up to 51.34 during the day. This increasing movement defines a bullish market and a higher buying activity. The ascending curve on the RSI graph reflects a balance within the trading environment.
TRX/USD 4-hour chart analysis: Tron devalues to $0.1507 following descent
The four-hour price analysis of Tron coin confirms a decreasing trend for the currency. Coin value took a bearish turn in the past few hours. TRX/USD value has receded to $0.1507 marker during the day. Despite the earlier increases in price, currently the market trend is quite negative.
The distance between the Bollinger bands remains unchanged. This indicates constant volatility, referring to a lower market unpredictability. If we talk about the upper Bollinger band, then it is present at $0.1515, securing the resistance point. Whereas, the lower Bollinger band is present at $0.1485, indicating the support levels.
The RSI indicator is present within the neutral region at 54.53. Still moving downwards, this indicates a bearish market. The declining movement of the RSI reflected a negative price movement. If the selling activities continue to expand, the RSI value may experience further loss.
TRX technical indicators: Levels and actions
Daily simple moving average (SMA)
| Period | Value ($) | 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 |
Daily exponential moving average (EMA)
| 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 |
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 for the day gives out a highly bullish prediction for the day. Coin value has increased up to $0.1507 during the day. In the past 24-hours, the cryptocurrency has gained up to 0.36% of value. This refers to a positive market sentiment as the buying pressure continues to accelerate further. If we talk about the technical indicators, then they are giving out a neutral verdict. However, the price charts continue to support the bulls.
Why is Tron up?
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.
Will Tron reach $0.5?
Yes, Tron should rise above $0.5 in 2027. During that period, its price will range between $0.4581 and $0.5714.
Will Tron reach $1?
Yes, Tron should rise above $1 in 2029. During that period, its price will range between $0.9668 and $1.17.
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/ opinion on Tron
- The Founder of Tron, Justin Sun, blasted Coinbase’s freshly released cbBTC, claiming it is the start of a dark era for the original cryptocurrency.
- Tron announced that HackaTRON season 7 submissions will end on October 8, while the winners will be announced on November 13. Those who qualify will get their projects live on mainnet by December 3, 2024.
Tron price prediction September 2024
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 |
Tron price prediction 2024
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 |
Tron price prediction 2025-2030
| 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 |
Tron price prediction 2025
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.
Tron price prediction 2026
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.
Tron price prediction 2027
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.
Tron 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 $0.7580 and a maximum price of $0.9452. The average price for the year will be $0.7806.
Tron price prediction 2029
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.
Tron price prediction 2030
The TRX price prediction for 2030 indicates a price range of $1.62 and $1.95 and an average price of $1.66.
Tron market price prediction: Analysts TRX price forecast
| 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 |
Cryptopolitan’s Tron price prediction
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.
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 of $0.1429.
- TRX maintained its price above $0.1234 till the middle of May but stepped down to $0.1113 by the end of the month.
- Tron’s price started to improve by June, and in July, it reached $0.1398.
- By the end of July 2024, TRX’s value started to decrease again, and on August 5, it came down near $0.1213. Following a brief recovery, the token is trading near $0.1511 in September.
