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

9d ago
bullish:

0

bearish:

0

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Key Takeaways:

  • Our Tron price predictions anticipate a high of $0.157 by the end of 2024.
  • In 2025, TRX will range between $0.203 and $0.241, with an average price of $0.210.
  • In 2030, TRX will range between $1.18 and $1.42, with an average price of $1.21.

In retrospect, Tron (TRX) has performed better than most mega-altcoins. The coin has consistently registered higher highs over the last year, rising 64%. Over the long term, EOS 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

CryptocurrencyTron
AbbreviationTRX
Current Price$0.1168
Market Cap$10,196,264,806
Trading Volume$310,638,705
Circulating Supply87,275,327,640
All-time High$0.3004, on Jan 5, 2018
All-time Low$0.001091, on Sep 15, 2017
24-hour Low$0.115
24-hour High$0.118

Tron price prediction: Technical analysis

MetricValue
Volatility (30-day Variation)3.06%
50-day SMA$0.1186
200-day SMA$0.1173
SentimentNeutral
Fear & Greed Index71 (Greed)
Green Days14/30 (47%)

Tron price analysis: TRX is in a gradual bull run

Key takeaways:

  • TRX is registering positive momentum as it rises from a recent drop.
  • The coin recently achieved the month’s high at $0.118

TRX/USD 1-day chart: TRX registers positive momentum

TRX/USD 1-day chart

Tron’s correction from the annual high in the first quarter of 2024 was not as steep as most other mega-altcoins. The coin is actually registering positive momentum as it rises from a recent drop. The RSI is neutral, hinting at plenty of room for price movement in either direction.

TRX/USD 4-hour chart: TRX registers month’s high

TRX/USD 4-hour chart

The 4-hour chart highlights Tron’s rise this month. The coin recently achieved the month’s high at $0.118 and will achieve a higher record as it continues to register higher highs and higher lows. The rise is, however, gradual, the RSI is neutral at 57.02.

Tron technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.1139BUY
SMA 50.1149BUY
SMA 100.1160BUY
SMA 210.1156BUY
SMA 500.1186SELL
SMA 1000.1196SELL
SMA 2000.1173SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 30.1146BUY
EMA 50.1140BUY
EMA 100.1143BUY
EMA 210.1163BUY
EMA 500.1185SELL
EMA 1000.1190SELL
EMA 2000.1142BUY

What can you expect from Tron price analysis next?

Per our technical indicators, Tron’s price is neutral, while the Fear & Greed Index shows 71 (Greed). TRON recorded 14/30 green days with 3.06% price volatility over the last 30 days. Chart analysis show a gradual rise.

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

Singapore’s national goalkeeper, Hassan Sunny, has been appointed spokesperson and Chief Security Officer for HTX Global and TRON. Justin Sun first announced the news on social media. 

Tron price prediction June 2024

A break of resistance will result in a mini bull run, with the next target at $0.121. This month, it will average at $0.117 and drop to $0.112 at its lowest.

MonthPotential Low ($)Potential Average ($)Potential High ($)
May0.1120.1170.121

Tron price prediction 2024

The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.112 and $1.157, with an average price of $0.144.

YearPotential Low ($)Potential Average ($)Potential High ($)
2024$0.112$0.144$0.157

Tron price prediction 2025-2030

YearPotential Low  ($)Potential Average ($)Potential High ($)
20250.2030.2100.241
20260.2830.2940.356
20270.4120.4270.492
20280.5750.5970.714
20290.7960.8261.020
20301.1801.2101.420

Tron price prediction 2025

The Tron price forecast for 2025 set the high at $0.2409. In the event of a reversal, it will drop to a low of $0.2030. Throughout the year, it will trade at an average of $0.2102.

Tron price prediction 2026

The year 2026 will experience more bullish momentum. According to the TRX price prediction, it will range between $0.2833 and $0.3561, with an average trading price of $0.2938.

Tron price prediction 2027

The TRX prediction even climbs higher into 2027; according to the prediction, it will range between $0.4122 and $0.4923, with an average of $0.4269.

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 $0.5753 and a maximum of $0.7141 with an average of $0.5967.

Tron price prediction 2029

According to the Tron forecast 2029, the TRX price will reach a maximum and minimum price of $1.19 and $0.7959, respectively, with a year-round average of $0.8258.

TRX price prediction 2030

The TRX price prediction for 2030 indicates a price range of $1.18 and $1.42 and an average price of $1.21. 

Tron price prediction 2025-2030

Tron market price prediction: Analysts’ TRX price forecast

Firm20242025
Changelly$0.146$0.119
DigitalCoinPrice$0.24$0.28
Gate.io$0.1293$0.1285

Cryptopolitan’s Tron (TRX) price prediction

At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.157 in the second half of 2024. In 2025, it will range between $0.203 and $0.241, with an average of $0.210. 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.
TRX/USD Price Chart. Image Source: Coinstats

9d ago
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bearish:

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