Tron Price Prediction 2024–2030: Will Tron Reach $10?
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Key Takeaways
- Our Tron price predictions anticipate a high of $0.133 by the end of 2024.
- In 2025, it will range between $0.22 and $0.26, with an average price of $0.23.
- In 2030, it will range between $1.51 and $1.81, with an average price of $1.55.
In retrospect, Tron (TRX) has performed better than most mega-altcoins. The coin has consistently registered higher highs for the last year. Over the last 30 days, it has risen 11.30%. Over the long term, EOS is set to trend higher.
TRX is the native token of the Tron network used for governance and settling 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).
Also read: Tron challenges SEC in legal battle over TRX and BTT
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 |
Abbreviation | TRX |
Current Price | $0.1235 |
Market Cap | $10,802,933,947 |
Trading Volume | $444,736,904 |
Circulating Supply | 87,429,671,922 |
All-time High | $0.3004, on Jan 5, 2018 |
All-time Low | $0.001091, on Sep 15, 2017 |
24-hour Low | $0.1221 |
24-hour High | $0.1246 |
Tron Price Prediction: Technical Analysis
Metric | Value |
Volatility (30-day Variation) | 3.69% |
50-day SMA | $0.119 |
100-day SMA | $0.115 |
Sentiment | Bullish |
Fear & Greed Index | 76 (Extreme Greed) |
Green Days | 17/30 (57%) |
Tron Price Analysis: TRX is in a Gradual Bull Run
TL;DR
- TRX was overbought in March, mainly due to FOMO.
- There is plenty of room for price movement in either direction.
TRX/USD 1-day Chart: TRX has immediate support at the 50% Fibonacci
TRX was overbought in March mainly because of Fear Of Missing Out (FOMO) leading to the Bitcoin halving. A reversal sent TRX back to its previous trajectory, a gradual bull run. Currently, it has immediate support at the 50% Fibonacci; a correction to a higher high will send it to the $0.133 resistance level.
TRX/USD 4-hour Chart: TRX positive momentum slows
TRX positive price momentum has slowed in the last four hours as it approaches the peak over the current cycle. The RSI is in neutral territory, so there is plenty of room for price movement in either direction.
Tron Technical Indicators: Levels and Action
Daily Simple Moving Average
Period | Value ($) | Action |
SMA 3 | 0.121 | BUY |
SMA 5 | 0.123 | BUY |
SMA 10 | 0.124 | SELL |
SMA 21 | 0.123 | BUY |
SMA 50 | 0.119 | BUY |
SMA 100 | 0.125 | SELL |
SMA 200 | 0.115 | BUY |
Daily Exponential Moving Average
Period | Value ($) | Action |
EMA 3 | 0.123 | BUY |
EMA 5 | 0.122 | BUY |
EMA 10 | 0.122 | BUY |
EMA 21 | 0.120 | BUY |
EMA 50 | 0.119 | BUY |
EMA 100 | 0.119 | BUY |
EMA 200 | 0.113 | BUY |
What to Expect from Tron Price Analysis Next?
Per our technical indicators, Tron’s price is Bullish, while the Fear & Greed Index shows 76 (Extreme Greed). TRON recorded 17/30 green days with 3.69% price volatility over the last 30 days. The charts indicate that it will continue trading higher.
Is Tron a Good Investment?
TRX is a coin with utility that continues to trade higher indicating growing adoption among crypto investors. Despite this, the market remains victim to uncertainties and volatility. Our Cryptopolitan price prediction explores its expected movements from 2024 to 2030.
Recent News/ Updates
- The Tron DAO added Google as a super representative on the Tron blockchain. Super representatives are responsible for processing transaction blocks on the blockchain.
Tron Price Prediction May 2024
A break of resistance will result in a mini bull run, with the next target at $0.133. This month, it will average at $0.125 and drop to $0.11 at its lowest.
Month | Potential Low ($) | Potential Average ($) | Potential High ($) |
May | $0.11 | 0.125 | 0.133 |
Tron Price Prediction 2024
The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.11 and $1.15, with an average price of $0.13.
Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
2024 | 0.11 | 0.13 | 0.15 |
Tron Price Prediction 2025- 2030
Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
2025 | 0.22 | 0.23 | 0.26 |
2026 | 0.32 | 0.34 | 0.40 |
2027 | 0.48 | 0.50 | 0.57 |
2028 | 0.69 | 0.72 | 0.84 |
2029 | 1.02 | 1.06 | 1.19 |
2030 | 1.51 | 1.55 | 1.81 |
Tron Price Prediction 2025
The Tron price forecast for 2025 set the high at $0.26. In the event of a reversal, it will drop to a low of $0.22. It will average at $0.23 throughout the year.
Tron Price Prediction 2026
The year 2026 will experience more bullish momentum. According to the TRX price prediction, it will range between $0.32 and $0.40, with an average trading price of $0.34.
Tron Price Prediction 2027
The TRX prediction even climbs higher into 2027; according to the prediction, it will range between $0.48 and $0.57, with an average of $0.50.
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 TRX will reach between a minimum of $0.69 and a maximum of $0.84 with an average of $0.72.
TRX Price Prediction 2029
According to the Tron forecast 2029, the TRX price will reach a maximum and minimum price of $1.19 and $1.02, respectively, with a year-round average of $1.06.
TRX Price Prediction 2030
The TRX price prediction for 2030 indicates a price range of $1.51 and $1.81 and an average price of $1.55.
Tron Market Price Prediction: Analysts’ TRX Price Forecast
Firm | 2024 | 2025 |
Changelly | $0.155 | $0.117 |
DigitalCoinPrice | $0.25 | $0.30 |
CryptoPredictions | $0.150 | $0.152 |
Cryptopolitan’s Tron (TRX) Price Prediction
According to Coinmarketcap, TRX has risen 5,920% from its historical listing price. At current levels, it remains bullish.
Also Read: Tron blockchain leads in 45% of illicit crypto transactions
It will achieve a high of $0.133 in the second half of 2024. In 2025, it will range between $0.22 and $0.26, with an average of $0.23. 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. The news forced TRX into brief a correction from $0.14, the highest recorded year-to-date.
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