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 | $0.1566 |
| 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 |
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: Coin value revives up to $0.1566 amidst upside
TL;DR Breakdown
- Tron price analysis confirms an upward trend at $0.1566.
- Coin value has gained up to 1.34% of boost during the day.
- TRX prices are seeking support around the $0.1564 border.
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.
TRX/USD 1-day chart analysis
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.
TRX/USD 4-hour chart analysis
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 $0.1527.
The RSI indicator is situated close to the overbought limit. Its value has spiked up to 66.21, amidst the growing bullish momentum. The rising curve on the RSI graph signifies a strong turnover and a buying influx. If the current trend continues, the market can enter a prolonged period of stability.
TRX technical indicators: Levels and actions
Daily simple moving average (SMA)
| Period | Value ($) | 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 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.
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.
