TRX Price Forecast: Testing Support at $0.29 Before Potential Rise to $0.33 Target

Published on:

Tony Kim
November 1, 2025 06:29

TRX faces a critical test of support at $0.29, with analyst targets around $0.295. Technical indicators suggest consolidation before a potential breakout to resistance at $0.33.


TRON (TRX) is at a key technical moment as November 2025 begins, with the cryptocurrency trading at $0.30 amid mixed signals from technical indicators. The latest analyst predictions and TRON technical analysis suggest that a period of consolidation is upon us, with key support and resistance levels defining the next substantial price move.

TRX Price Prediction Summary

TRX short-term goal (1 week): $0.295 (-1.7% from current levels) • TRON medium-term forecast (1 month): Range $0.29-0.33 trending towards $0.31 • Key level to break for bullish continuation: $0.33 (immediate resistance) • Critical bear case support: $0.29 (powerful support convergence)

The latest TRON price predictions from analysts

The latest TRX price forecast data from CoinLore shows a cautiously bullish outlook with near-term pressure expected. Analyst forecasts for the last three days show a gradual decline in price targets, moving from $0.2970 on October 28 to $0.2930 this week, representing a -3.87% adjustment from the highest forecast for this week.

This TRON forecast consensus around the $0.295 level is closely in line with current technical support zones, suggesting that analysts are considering the cryptocurrency’s proximity to the lower Bollinger Band at $0.29. The average confidence level of all forecasts indicates uncertainty in the immediate direction of TRX, reflecting the currently developing mixed technical picture.

What’s particularly noteworthy is how recent forecasts have converged around the $0.29-$0.297 range, creating a narrow band coinciding with the critical technical support levels identified in our analysis.

TRX Technical Analysis: Preparing for Consolidation

TRON’s current technical analysis reveals that the cryptocurrency is in a transitional phase, with indicators pointing to a period of sideways consolidation before another directional move. An RSI reading of 33.92 places TRX at a neutral level but closer to oversold conditions, suggesting narrow downside momentum at current levels.

The MACD histogram at -0.0009 confirms that bearish momentum remains unchanged, but the relatively diminutive magnitude indicates that selling pressure is easing. This technical setup often precedes consolidation phases in which price action stabilizes and then trends upward or downward.

TRX’s position in Bollinger Bands tells a compelling story for our price predictions. At 0.1958 on the %B indicator, TRON is trading much closer to the lower band ($0.29) than the upper band ($0.33), historically the zone where oversold bounces form. The mid-band at $0.31 represents the 20-period SMA and serves as our primary resistance target for any support increases.

Volume analysis shows Binance’s 24-hour trading volume is $55.6 million, which indicates sufficient liquidity for the TRX target price scenarios outlined below.

TRON Price Targets: Bull and Bear Scenarios

Bullish case for TRX

The bullish TRX price prediction scenario predicts that TRON will defend the support zone at $0.29 and begin a rebound towards the immediate resistance at $0.33. This bullish case requires adjustments to several technical conditions:

First, TRX needs to hold above the lower Bollinger Band support at $0.29, which coincides with the powerful support identified in our analysis of key trading levels. A successful defense can trigger miniature coverage and attract buyers looking for an oversold bounce.

The primary price target for TRX in this scenario is $0.33, which represents the upper Bollinger Band and immediate resistance level. This target offers approximately 10% upside from current levels and coincides with the SMA 50 resistance zone. A break above $0.33 would open the door to testing stronger resistance at $0.35, our secondary bullish target.

An escalate in daily volume above 70 million on Binance would confirm the bullish momentum and support movement towards these growth targets.

Bearish risk for TRON

TRON’s bearish forecast scenario assumes a break below the critical support level at $0.29, which could potentially trigger accelerated selling towards the powerful support zone identified at $0.29. However, with both immediate and powerful support converging at this level, a breakout would likely result in TRX testing a 52-week low near $0.21.

Key risk factors supporting this bearish situation include a further escalate in the negative MACD histogram, a failure of the RSI to rebound from current levels, and any broader cryptocurrency market weakness that could put pressure on altcoins like TRON.

TRX’s primary negative price target would be $0.27, which represents a -10% downside from current levels and the midpoint between current price and the 52-week low.

Should you buy TRX now? Entry strategy

Our technical analysis of TRON shows that the current setup favors a wait-and-see approach rather than aggressive accumulation. The question of whether to buy or sell TRX depends largely on your risk tolerance and time horizon.

Conservative entry strategy: Wait for a clear rebound from the $0.29 support level with volume confirmation before entering long positions. This approach reduces the risk of catching a falling knife while maintaining position for an evacuation scenario.

Aggressive entry strategy: Start diminutive accumulations in the $0.295 to $0.30 range, planning to add any weakness towards $0.29. This strategy requires strict risk management with stop-losses below $0.28.

Risk management: Any TRX positions should include a stop-loss below $0.28 to limit downside exposure. Position size should not exceed 2-3% of the portfolio value given mixed technical signals.

Goal management: Take partial profits at $0.32 and full profits at $0.33 unless broader market conditions allow a break higher.

TRX price prediction conclusions

Our comprehensive TRX price forecast points to a period of consolidation in the $0.29-$0.33 range over the next month, with a slight shift towards the lower end of this range in the miniature term. The convergence of analyst forecasts around USD 0.295 and technical support at USD 0.29 creates a zone of high probability of price stabilization.

Trust Level: Medium (65%) for the consolidation scenario, with a higher level of confidence (75%) for the $0.29 support package.

Key indicators to monitor:
– RSI rebounds from current levels towards 50 – MACD histogram begins to narrow – Daily volume exceeds 70 million – Stability of Bitcoin and the broader cryptocurrency market

Timeline: The next 7-14 days will be crucial in determining whether TRX can establish $0.29 as a recovery point or if further weakness develops. Our TRON forecast suggests that resolution of the current technical situation should occur before mid-November 2025.

The ultimate direction will depend on TRX’s ability to defend the $0.29 support level while broader market conditions continue to support risky assets.

Image source: Shutterstock


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