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Cryptopolitan 2024-12-19 17:51:00

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

Key Takeaways: Our Tron price predictions anticipate a high of $0.2332 by the end of 2024. In 2027, TRX will range between $0.6718 and $0.8074, with an average price of $0.6955. In 2030, TRX will range between $2.10 and $2.53, with an average price of $2.17. 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? Let’s get into the TRX price prediction to answer these questions and more. Overview Cryptocurrency Tron Ticker TRX Current price $0.261 Market cap $22.1B Trading volume $2B Circulating supply 86.22B TRX All-time low $0.001091 on Sep 15, 2017 All-time high $0.4313 on Dec 04, 2024 24-hour low $0.2762 24-hour high $0.253 Tron price prediction: Technical analysis Metric Value Volatility (30-day variation) 9.71% 50-day SMA $ 0.176253 200-day SMA $ 0.145541 Sentiment Bullish Fear and greed index 80 (Extreme Greed) Green days 18/30 (60%) Tron price analysis TL;DR Breakdown Tron price analysis confirmed an upward trend at $0.261. Cryptocurrency has devalued up to 4.48% during the day. TRX coin prices are targeting next resistance at $0.3862. On December 19, 2024, Tron price analysis revealed an increasing market trend for the cryptocurrency. TRX/USD value has recovered up to $0.261 during the past 24 hours. The overall market sentiment remained on the bearish side, resulting in a 4.48% loss. Despite the bearish swing this week, today the bulls remained successful in making a comeback. TRX/USD 1-day chart analysis The one-day price chart of Tron coin confirmed an upward market trend for the currency. Tron coin value has increased up to $0.261 high through the day. Side by side, the decreasing volatility signifies low chances of reversal in the current market trends. TRX/USD price chart. Image source: TradingView The gap between the Bollinger bands determines the market volatility. As this gap is converging, this refers to a decreasing market volatility. Moving on, the upper limit of the Bollinger Bands indicator, acting as the resistance band, has shifted to $0.3862. Whereas, its lower limit, serving as the support band, has moved to a $0.1891 low. The Relative Strength Index (RSI) indicator is present within the neutral area. Its value has stepped up to index 49.47 in the past 24 hours. This increasing movement confirms a rising bullish action. The buying activities remained relatively higher as compared to the selling activities. If the bulls remain persistent, the market can enter a prolonged period of stability. TRX/USD 4-hour chart analysis: TRX experiences descent below $0.261. The four-hour price analysis of Tron coin confirmed a decreasing market trend for the cryptocurrency. TRX/USD value has dropped down to a $0.2616 low in the past few hours. As the volatility is increasing, there is a high possibility of a reversal soon. TRX/USD price chart. Image source: TradingView The Bollinger bands are expanding, resulting in an increasing volatility. This rise in the volatility refers to a relatively higher market unpredictability during the coming hours. Moreover, the upper Bollinger band has shifted to a $0.3020 high, indicating the resistance point. Whereas, the lower Bollinger band has moved to $0.2539 low, securing the support. The RSI indicator is hovering below the neutral region for now. Its value has receded to index 36.47 amidst the rising bearish pressure. The decreasing curve on the RSI graph marks an increasing selling activity. The bears remained on the winning side during the past four hours, leading to a considerable loss. This declining movement marks an unbalanced trading environment. TRX technical indicators: Levels and actions Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.191072 BUY SMA 5 0.195533 BUY SMA 10 0.199564 BUY SMA 21 0.194912 BUY SMA 50 0.176253 BUY SMA 100 0.165005 BUY SMA 200 0.145541 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.189844 BUY EMA 5 0.182159 BUY EMA 10 0.173058 BUY EMA 21 0.165607 BUY EMA 50 0.157905 BUY EMA 100 0.149581 BUY EMA 200 0.138597 BUY What can we expect from Tron price analysis next? Tron price analysis gives out a bullish prediction with regards to the current price movements. TRX/USD value has stepped up to a $0.261 high over the past 24 hours. Side by side, the cryptocurrency devalued up to 4.48 percent considering the earlier downside. The overall market sentiment remains negative; however, the bulls secured victory today. Technical indicators are giving out a neutral signal regarding the ongoing market trends. However, the price charts are presenting a relatively bullish outlook of the market. 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 up? Tron is bullish during the day. 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 In Hong Kong, Justin Sun confirmed that TRON has become a participant in the Chainlink SCALE program and will leverage Chainlink Data Feeds for its Oracle needs. Throwback to @Chainlink 's #SmartCon ! In Hong Kong, @justinsuntron announced that TRON has joined the Chainlink Scale Program and is adopting Chainlink Data Feeds as TRON's official oracle solution. pic.twitter.com/nEU6Quy25B — TRON DAO (@trondao) November 30, 2024 Tron price prediction December 2024 A break of resistance will result in a mini bull run, with the next target at $ 0.2243. This month, TRX will trade at an average of $ 0.2213 and drop to $ 0.2172 at its lowest. Month Potential low ($) Potential average ($) Potential high ($) December 0.2172 0.2213 0.2243 Tron price prediction 2024 The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.2073 and $0.2332, with an average price of $0.2267. Year Potential low ($) Potential average ($) Potential high ($) 2024 0.2073 0.2267 0.2332 Tron price prediction 2025-2030 Year Potential low ($) Potential average ($) Potential high ($) 2025 $0.3213 $0.3327 0.3883 2026 $0.4574 $0.4740 $0.5587 2027 $0.6718 $0.6955 $0.8074 2028 $0.9633 $0.9911 $1.16 2029 $1.46 $1.50 $1.68 2030 $2.10 $2.17 $2.53 Tron price prediction 2025 The Tron price forecast for 2025 sets the high at $0.3883. The lowest price for the year will be $0.3213, and the average price will be $0.3327. Tron price prediction 2026 TRON will experience more bullish momentum in 2026. According to the predictions, it will range between $0.4574 and $0.5587, with an average price of $0.4740. Tron price prediction 2027 The TRX prediction climbs even higher in 2027; according to the prediction, it will range between $0.6718 and $0.8074, with an average price of $0.6955. 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 $0.9633 and a maximum price of $1.16. The average price for the year will be $0.9911. Tron price prediction 2029 According to the Tron forecast for 2029, TRX price will reach a maximum and minimum of $1.68 and $1.46, respectively, with a year-round average of $1.50. Tron price prediction 2030 The Tron TRX price prediction for 2030 indicates a price range of $2.10 and $2.53 and an average price of $2.17. TRX price prediction 2024 – 2030 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 $0.2332 in the second half of 2024. In 2025, it will range between $0.3213 and $0.3883, with an average of $0.3327. Note the predictions are not investment advice. Seek independent professional consultation or do your own research. Tron historic price sentiment TRON price history 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 touched $0.2130 in late November. At the start of December, TRX is trading near $0.228.

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