The TRON (TRX) coin has shown exceptional performance, recording a 66% weekly gain and reaching an all-time high (ATH) of $0.44.
Although the TRON price has since corrected by over 20% to $0.33, it continues to test the crucial support zone, indicating potential for a bullish bounce. With a 105% increase over the past month, TRX crypto remains a top contender in the altcoin market.
Technical indicators strongly support a bullish outlook. The MACD level at 0.03 and trading above the 20-day EMA of $0.23 signal favorable entry points for traders. Analysts predict a retest of TRX's ATH, with speculation that the Tron crypto price could eventually rally to $1 this cycle.
Institutional interest has added momentum, with TRX potentially being included in Grayscale’s portfolio. Founder Justin Sun's strategic moves, including a $30 million investment in WLFI tokens, have further bolstered TRX price confidence.
Also Read: Algorand Price Prediction 2024, 2025 – 2030
Looking ahead, Tron price prediction 2024 points to sustained growth, while Tron price prediction 2025 forecasts TRX breaking the $0.78 barrier. Despite market volatility, analysts remain optimistic about Tron coin, with projections of $0.65–$0.78 by the end of 2025. TRX’s trajectory continues to excite traders and investors alike.
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