Key Takeaways:
- Our Tron price predictions anticipate a high of $0.1792 by the end of 2024.
- In 2027, TRX will range between $0.5202 and $0.6474, with an average price of $0.5356.
- In 2030, TRX will range between $1.52 and $1.90, with an average price of $1.58.
TRX is the native token of the Tron network used to govern and settle transaction fees. In retrospect, Tron (TRX) has performed better than most mega-altcoins. Over the long term, TRX is set to trend higher.
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 | $0.2044 |
| Market cap | $17.48B |
| Trading volume | $1.49B |
| Circulating supply | 86.34B TRX |
| All-time low | $0.001091 on Sep 15, 2017 |
| All-time high | $0.3004 on Jan 5, 2018 |
| 24-hour low | $0.2188 |
| 24-hour high | $0.2023 |
Tron price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day variation) | 2.42% |
| 50-day SMA | $ 0.15775 |
| 200-day SMA | $ 0.136105 |
| Sentiment | Neutral |
| Fear and greed index | 69 (Greed) |
| Green days | 15/30 (50%) |
Tron price analysis
TL;DR Breakdown
- Tron price analysis confirmed a downward trend at $0.2044.
- Cryptocurrency lost up to 7.39% value from its previous close.
- TRX prices are targeting next resistance around $0.2206 high.
On November 24, 2024, Tron price analysis revealed a decreasing market trend for the cryptocurrency. Coin value has depreciated to $0.2044 low over the last 24-hours. Moreover, the cryptocurrency lost an overall 7.39% of value through the day. The past week proved in favor of the bulls; however, today the market trends remained extremely bearish.
TRX/USD 1-day chart analysis
The one-day price chart of Tron coin revealed a declining market trend for the cryptocurrency. Coin value has dropped to a $0.2044 low over the last 24-hours. Despite the increasing trend in the past week, today the bears remained dominant. As the volatility is rising rapidly, this signals a reversal in the market events soon.
The distance between the Bollinger bands determines market volatility. As this distance is expanding massively, this indicates an increasing volatility. Moving on, the upper end of the Bollinger bands indicator, acting as the resistance, is at $0.2206. Whereas its lower end, serving as the support, is present at $0.1484.
The Relative Strength Index (RSI) indicator is present close to the overbought region. Currently at 65.84, however, now moving downwards, this indicates a bearish trend. The descending curve on the RSI graph reflects a negative market. The selling activities remained dominant over the buying activities today, resulting in a sufficient decline.
TRX/USD 4-hour chart analysis: TRX value recedes to $0.2044 amidst crash
The four-hour price analysis of Tron coin confirmed a decreasing market trend for the cryptocurrency. TRX/USD value has receded to $0.2033 low in the past four hours of the day. Considering the downward slide, the cryptocurrency value now resides below its moving average.
The Bollinger bands are converging, referring to declining market volatility. This declining volatility signifies a lower market unpredictability for the coming hours. Moreover, the upper limit of the Bollinger bands indicator, serving as the resistance band, is at $0.2200. Whereas, its lower limit, acting as the support band, is present at $0.1921.
The RSI indicator is present within the neutral region. Its value has decreased to 47.12 over the past four hours of the day. The RSI graph displays a steep bearish slope, confirming the negative market sentiment. This declining movement refers to a relatively unstable market. The selling activities have been growing since the early hours of the day, resulting in a considerable loss.
TRX technical indicators: Levels and actions
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.165166 | SELL |
| SMA 5 | 0.166457 | SELL |
| SMA 10 | 0.165501 | SELL |
| SMA 21 | 0.161879 | BUY |
| SMA 50 | 0.15775 | BUY |
| SMA 100 | 0.14997 | BUY |
| SMA 200 | 0.136105 | BUY |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 0.162512 | BUY |
| EMA 5 | 0.161591 | BUY |
| EMA 10 | 0.160477 | BUY |
| EMA 21 | 0.158585 | BUY |
| EMA 50 | 0.154334 | BUY |
| EMA 100 | 0.147367 | BUY |
| EMA 200 | 0.137187 | BUY |
What can we expect from Tron price analysis next?
Tron coin price analysis gives out a bearish prediction regarding the ongoing market events. Coin value has dropped down to $0.2044 low in the past 24-hours. Side by side, the cryptocurrency lost up to 7.39% of value during the day. The bears secured a comeback today, as the selling pressure is intensifying rapidly. Technical indicators favor the bulls; however, the price charts are supporting the bears today.
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 the expected movements from 2024 to 2030.
Why is Tron down?
Tron is bearish 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. Side by side, this month, the blockchain is one of the currencies most affected by the bearish 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 expert analysis, Tron may not reach $10 before 2030.
Does Tron have a good long-term future?
According to Cryptopolitan price predictions, Tron is set to trade higher in the coming years. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
Recent news/opinion on Tron
- Tron processed 43% of all transactions across key networks, according to a recent analysis from the on-chain analytics company CryptoQuant. Cost and efficiency in comparison to competitors are some of the variables contributing to this increase in adopters.
- TRON generated the highest income in Q3, continuing a trend that saw it exceed Ethereum and Bitcoin. Fees were consistently received by the chain, due to token traffic and stablecoin usage. Over the previous three months, the protocol generated between $572M and $577M in revenue. Read more about it here.
Tron price prediction November 2024
A break of resistance will result in a mini bull run, with the next target at $0.170. This month, TRX will average at $0.162 and drop to $0.154 at its lowest.
| Month | Potential low ($) | Potential average ($) | Potential high ($) |
| November | 0.154 | 0.162 | 0.170 |
Tron price prediction 2024
The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.1652 and $0.1792, with an average price of $0.1729.
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2024 | 0.1652 | 0.1729 | 0.1792 |
Tron price prediction 2025-2030
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2025 | $0.2500 | $0.2587 | 0.2881 |
| 2026 | $0.3729 | $0.3832 | $0.4297 |
| 2027 | $0.5202 | $0.5356 | $0.6474 |
| 2028 | $0.7589 | $0.7857 | $0.9107 |
| 2029 | $1.09 | $1.13 | $1.29 |
| 2030 | $1.52 | $1.58 | $1.90 |
Tron price prediction 2025
The Tron price forecast for 2025 sets the high at $0.2881. The lowest price for the year will be $0.2500, and the average price will be $0.2587.
Tron price prediction 2026
It will experience more bullish momentum in 2026. According to the predictions, it will range between $0.3729 and $0.4297, with an average price of $0.3832.
Tron price prediction 2027
The TRX prediction climbs even higher into 2027; according to the prediction, it will range between $0.5202 and $0.6474, with an average price of $0.5356.
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 $0.7589 and a maximum price of $0.9107. The average price for the year will be $0.7857.
Tron price prediction 2029
According to the Tron forecast 2029, the TRX price will reach a maximum and minimum of $1.29 and $1.09, respectively, with a year-round average of $1.12.
Tron price prediction 2030
The Tron TRX price prediction for 2030 indicates a price range of $1.52 and $1.90 and an average price of $1.58.
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 $0.1792 in the second half of 2024. In 2025, it will range between $0.2500 and $0.2881, with an average of $0.2587. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.
Tron historic price sentiment
- Tron, founded by Justin Sun in 2017, raised $70 million through an ICO the same year; it launched its mainnet in May 2018 and migrated TRX from Ethereum to Tron in June, which temporarily boosted TRX’s price to $0.09.
- TRX reached an all-time high of $0.3004 in January 2018 before dropping below $0.05 a month later; it consistently traded under $0.05 until late 2020, when it began to rise again.
- 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’s announcement to cease USDC on Tron led TRX to correct from $0.1429. TRX held above $0.1234 until mid-May, then dropped to $0.1113. The price rebounded to $0.1398 in July but fell again to $0.1213 in early August. By late September, TRX recovered to $0.166, reaching $0.1691 in October and trading near $0.1640 in early November.
