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

Key Takeaways:

• Our Tron price predictions anticipate a high of $0.1896 by the end of 2024.
• In 2027, TRX will range between $0.5494 and $0.6118, with an average price of $0.5639.
• In 2030, TRX will range between $1.62 and $1.95, with an average price of $1.66.

In retrospect, Tron (TRX) has performed better than most mega-altcoins. The coin has consistently registered higher highs over the last 365 days, rising by 76%. Over the long term, TRX 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

Tron price prediction: Technical analysis

Tron price analysis: Cryptocurrency upgrades to $0.1529 after revival

TL;DR Breakdown

• Tron price analysis confirms an upward trend at $0.1529.
• The cryptocurrency has lost up to 0.20% of its value today.
• Tron prices are seeking resistance around $0.1551 high.

On September 24, 2024, Tron price analysis confirmed an increasing trend for the cryptocurrency. Coin value has recovered up to $0.1529 during the day. However, if we observed the situation overall, then the cryptocurrency has devalued up to 0.20%. Today, the bulls have bounced back, resulting in substantial profit for the cryptocurrency.

TRX/USD 1-day chart analysis

The 1-day price chart of Tron coin revealed an upward trend for the currency today. The day’s rising bullish pressure resulted in a spike above the $0.1529 marker. The buying pressure has been accelerating since yesterday. Considering the recent upside, coin value has climbed above its moving average value.

The gap between the upper and lower limits of the Bollinger bands indicator defines the market volatility. As this gap is currently increasing, this indicates a rising volatility level. Moreover, the upper end of the Bollinger bands indicator has shifted to $0.1551 high, securing the resistance point. Whereas, the lower end of the Bollinger bands indicator has moved towards $0.1471, signifying support.

The Relative Strength Index (RSI) indicator resides within the neutral region. Its value has stepped up to 55.76 during the past 24-hours. This increasing movement of the RSI refers to a bullish trend and an upward price movement. As the RSI value continues to grow, there is a higher chance of further stability within the market.

TRX/USD 4-hour chart analysis: TRX hits $0.1529 amidst growing upside

The four-hour price analysis of Tron coin confirmed an increasing trend for the cryptocurrency. Coin value has ascended up to $0.1529 high during the past few hours. The market trend remained continually in favor of the bulls since the early part of the day. As the buying pressure continues to extend, further rises in the tonne value can be anticipated.

The Bollinger bands are widening, leading towards a subtle rise in volatility. This change refers to higher market unpredictability for now. Moving ahead, the upper boundary of the Bollinger bands indicator has moved towards $0.1531 high, securing the resistance threshold. Conversely, the lower boundary of the Bollinger bands indicator has switched to $0.1510, indicating the support levels.

The RSI indicator resides within the neutral region. Currently at 59.03 and still moving upwards, this indicates an upward trend. The recent turnover has resulted in a considerable improvement within the RSI value. The rising RSI value signifies that the buying activities are going stronger as compared to the selling activities today.

TRX technical indicators: Levels and actions

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

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 its expected movements from 2024 to 2030.

What can we expect from Tron price analysis next?

Tron price analysis for the day gives out a highly bullish prediction for the cryptocurrency today. The price movements remained on the increasing side, earning a substantial recovery for the coin. TRX/USD value has enhanced up to $0.1529 during the past 24-hours. On the other hand, the cryptocurrency has lost up 0.20% of its value from an overall analysis. Today, the market entered a period of stability as reflected from the recent turnover. Technical indicators as well as the price charts continue to support the bulls.

Why is Tron up?

Tron is bullish 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. However, this month, the blockchain is one of the currencies most affected by the bullish 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 the Cryptopolitan price prediction, Tron will unlikely reach $10 before 2030.

Does Tron have a good long-term future?

According to Cryptopolitan price predictions, Tron is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news/ opinion on Tron

• The Founder of Tron, Justin Sun, blasted Coinbase’s freshly released cbBTC, claiming it is the start of a dark era for the original cryptocurrency.

• Tron announced that HackaTRON season 7 submissions will end on October 8, while the winners will be announced on November 13. Those who qualify will get their projects live on mainnet by December 3, 2024.

Tron price prediction September 2024

A break of resistance will result in a mini bull run, with the next target at $0.1734. This month, SNX will average at $0.1524 and drop to $0.1315 at its lowest.

Tron price prediction 2024

The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.1656 and $0.1896, with an average price of $0.1718.

Tron price prediction 2025-2030

Tron price prediction 2025

The Tron price forecast for 2025 sets the high at $0.2877. The lowest price for the year will be $0.2386, and the average price will be $0.2472.

Tron price prediction 2026

It will experience more bullish momentum in 2026. According to the predictions, it will range between $0.3527 and $0.4253, with an average price of $0.3626.

Tron price prediction 2027

The TRX prediction climbs even higher into 2027; according to the prediction, it will range between $0.5494 and $0.6118, with an average price of $0.5639.

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 $0.7580 and a maximum price of $0.9452. The average price for the year will be $0.7806.

Tron price prediction 2029

According to the Tron forecast 2029, the TRX price will reach a maximum and minimum of $1.32 and $1.15, respectively, with a year-round average of $1.18.

Tron price prediction 2030

The TRX price prediction for 2030 indicates a price range of $1.62 and $1.95 and an average price of $1.66.

Tron market price prediction: Analysts TRX price forecast

Cryptopolitan’s Tron price prediction

At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.1896 in the second half of 2024. In 2025, it will range between $0.2386 and $0.2877, with an average of $0.2472. 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 of $0.1429.
• TRX maintained its price above $0.1234 till the middle of May but stepped down to $0.1113 by the end of the month.
• Tron’s price started to improve by June, and in July, it reached $0.1398.
• By the end of July 2024, TRX’s value started to decrease again, and on August 5, it came down near $0.1213. Following a brief recovery, the token is trading near $0.1511 in September.