TRON (TRX) Price Forecast: Technical Breakout Signals 20% Upside Ahead

TRON’s recent price action suggests a potential breakout is imminent as TRX consolidates near key technical levels. With current momentum indicators showing early signs of bullish divergence, our TRX price forecast points to a physical upward move targeting the $0.35 resistance zone.

TRX Price Prediction Summary

• TRX short-term goal (1 week): $0.31 – $0.33 (+7% to +14%) • TRON medium-term forecast (1 month): Range $0.33 – $0.40 (+14% to +38%) • Key level to break for bullish continuation: USD 0.33 (upper border of the Bollinger Bands) • Critical bear case support: $0.28 (immediate support and lower Bollinger Bands)

The latest TRON price predictions from analysts

Current analyst sentiment around TRON’s forecast indicates cautious optimism with price targets aligned. TRX Brave Fresh Coin’s medium-term price target of $0.40 is consistent with our technical analysis indicating powerful resistance at this level. Meanwhile, Blockchain.News forecasts a more conservative near-term upside to $0.302, although it recognizes the potential for an upside to the $0.33-$0.35 range within two weeks.

The consensus among analysts suggests that TRX is poised for a breakout, although bearish MACD signals warrant caution. This divergence in technical signals creates an engaging setup where the direction of the next move will likely determine whether TRX hits bullish targets or tests lower support levels.

TRX Technical Analysis: Preparing for a Bullish Breakout

TRON’s current technical analysis reveals several critical factors supporting a potential upward move. With TRX trading at $0.29, the token is right at the intersection of its SMA 7 and EMA 12, both at $0.29, suggesting short-term balance.

An RSI reading of 41.61 puts TRON in neutral territory with plenty of room to grow before reaching overbought levels. More importantly, the MACD histogram at 0.0000 indicates that bullish momentum is beginning to emerge, potentially signaling the end of the latest phase of consolidation.

TRON’s position in the Bollinger Bands provides additional insight, and the %B reading of 0.3498 shows TRX trading in the lower half of the band range. This setting typically suggests oversold conditions compared to recent price action, as evidenced by a bounce towards the upper Bollinger Band at $0.33.

Binance’s significant 24-hour trading volume of $123.4 million demonstrates vigorous market interest, providing the liquidity base necessary for a sustained breakout move.

TRON Price Targets: Bull and Bear Scenarios

Bullish case for TRX

In a bullish scenario, our TRX price forecast sees initial resistance at $0.33 (the upper Bollinger Band) giving way to a test at $0.35, which represents both a key psychological level and the next 52-week high. A decisive break above $0.35 would target the $0.40 level forecast by analysts, which would represent a 38% upside from current levels.

The technical setup supports this bullish case, with TRX trading above the critical support of $0.28 and showing signs of stabilizing momentum. The convergence of multiple moving averages around current price levels suggests a coiling pattern that often precedes significant directional moves.

Bearish risk for TRON

The bearish scenario for our TRON forecast focuses on failure to maintain the support level at USD 0.28. A break below this level would point to the next major support at $0.25, which would represent a 14% decline from current levels. The negative MACD reading of -0.0095 remains concerning as continued selling pressure may overshadow emerging growth momentum signals.

Additionally, TRX trading below most key moving averages (SMA 20, SMA 50) indicates that the broader trend remains under pressure, making any upside vulnerable to profit-taking.

Should you buy TRX now? Entry strategy

Based on our TRON technical analysis, the layered entry approach offers the best risk-reward profile. For aggressive traders, the current levels around $0.29 represent an attractive entry point with a stop-loss below $0.27 to limit the risk of loss.

Conservative investors should wait for a decisive break above USD 0.31 to confirm upside momentum before opening a position. This approach sacrifices the gains from early entry but provides greater certainty about the direction of the move.

For those considering “buy or sell TRX”, the technical setup favors accumulation on any declines towards the $0.28 support, with initial profit-taking recommended around $0.33-0.35. Due to mixed technical signals, position size should remain modest, with no more than 2-3% of portfolio allocation recommended.

TRX price prediction conclusions

Our comprehensive TRX price forecast suggests that there is a 70% probability of hitting the $0.33-$0.35 target range over the next 4-6 weeks provided the $0.28 support level is maintained. The technical setup is showing early signs of bullish momentum, although investors should monitor the MACD for confirmation of a trend reversal.

Key indicators to watch include a sustained move above $0.31 confirming bullish momentum, an augment in volume on any breakout attempts, and a rise in the RSI above 50 signaling increased momentum. Failure to maintain support at $0.28 would invalidate TRON’s bullish outlook and likely lead to a $0.25 level.

The timeline for this TRX price forecast extends through December 2025, with initial targets expected within 2-4 weeks and the full upside scenario expected within 4-8 weeks, assuming continued favorable market conditions.

Image source: Shutterstock