USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

ZWL

Cryptopolitan 2024-11-29 15:44:00

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

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 $0.2073 Market cap $17.76B Trading volume $608.84M Circulating supply 86.31B TRX All-time low $0.001091 on Sep 15, 2017 All-time high $0.3004 on Jan 5, 2018 24-hour low $0.2063 24-hour high $0.2 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 confirms an upward market trend at $0.2073. Cryptocurrency gains up to 2.67% of recovery during the day. TRX coin prices are targeting next resistance around $0.2207. On November 29, 2024, Tron price analysis confirmed an increasing market trend for the cryptocurrency. Coin value has improved up to $0.2073 high in the last 24-hours. Side by side, the cryptocurrency gained up to 2.67% of recovery during the day. The bulls remained on the leading throughout the past week, leading to a stable market. TRX/USD 1-day chart analysis The one-day price chart of Tron coin revealed an upward market trend for the cryptocurrency. TRX/USD value has improved up to $0.2073 high during the day. Moreover, the market sentiment remained positive as well. However, as the volatility is declining, there are relatively lower chances of reversal in the coming days. The gap between the Bollinger bands determine market volatility. As this gap is going under reduction, this refers to a declining volatility. Moreover, the upper limit of the Bolinger bands indicator, acting as the resistance mark, is at $0.2207. Whereas, its lower limit, serving as the support band, is at $0.1684. TRX/USD price chart. Image source: TradingView The Relative Strength Index (RSI) indicator is present above the neutral region. Currently at 64.42, and still moving upward, this indicates a strong bullish trend. The continuous ascending curve on the RSi graph defines a positive sentiment. Moreover, the intensifying buying activities places the market in a period of stability. TRX/USD 4-hour chart analysis: Upward swing leads to recovery above $0.2073 The four-hour price analysis of Tron coin revealed a bullish trend for the cryptocurrency. TRX/USD value has hiked up to $0.2063 high in the past few hours. Green candlesticks on the four-hour price chart mark a rising bullish momentum. As the volatility is rising, there are high chances of reversal in the market events soon. The Bollinger bands are widening, referring to an increasing volatility. This increasing volatility signals a relatively higher market unpredictability for the coming days. Moving on, the upper limit of the Bollinger bands indicator, serving as the resistance band, is at $0.2083 high. Whereas, the lower limit of the Bollinger bands indicator, acting as the support band, is at $0.1909. TRX/USD price chart. Image source: TradingView The RSI indicator is present within the neutral region. Currently at 58.71 and still moving upward, this indicates a bullish market. The increasing curve on the RSI graph signals a rising buying pressure. The ascending price movement in the past four hours refers to a relatively stable market. Despite the bearish attempts for the lead, currently the bulls are ruling the cryptocurrency market. TRX technical indicators: Levels and actions Daily simple moving average (SMA) Period Value ($) 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 price analysis for the day gives out a highly bullish prediction with respect to the ongoing market events. Cryptocurrency value has stepped up to $0.2073 high in the last 24-hours. Moreover, the cryptocurrency received up to 2.67% of boost through the day. The buying activities have been intensifying since the past week, leading to a considerable recovery. Technical indicators as well as the price charts are giving out a favorable verdict for the cryptocurrency buyers. 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 Transaction Dominance (%) Rises to 43% "The #TRON Network is regaining popularity, as seen in its share of total transactions across major altcoin blockchains, shown in red (🔴). Over recent days, $TRON has been the leading alt-chain for transaction processing. On… pic.twitter.com/Ugdk4L6XO8 — CryptoQuant.com (@cryptoquant_com) November 1, 2024 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.

Related News

Ethereum Price Analysis: Here’s Why ETH Can’t Brea...
21 Dec 2024
BONK Price Prediction 2025, 2026-2030: Will BONK P...
21 Dec 2024
U.S. Blacklists China’s Sophgo Amid Huawei AI Chip...
21 Dec 2024
Ethena Price Prediction 2024, 2025 – 2030: Will EN...
21 Dec 2024
Hyperliquid (HYPE) Token Hits $10 Billion Market C...
21 Dec 2024
XRP Lawsuit Faces Delays as SEC Shutdown Looms: Ke...
21 Dec 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

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

Most Read News

Related News