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TRX Price Prediction: How High Will TRX Price Go? Bullish Signals Align for Breakout Above Resistance

TRX Price Prediction: How High Will TRX Price Go? Bullish Signals Align for Breakout Above Resistance

TRX News
Author:
TRX News
Release Time:
2026-06-24 09:30:17
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

#TRX

  • TRX trades above its 20-day moving average at 0.331 USDT, with analyst William noting this as a strong support floor.
  • MACD indicators show a potential bullish crossover as the negative gap narrows, while price tests the upper Bollinger Band at 0.333.
  • Positive news catalysts, including the Stabliq wallet launch and whale accumulation, reinforce the bullish technical outlook for TRX.

TRX Price Prediction

TRX Technical Analysis: Bullish Momentum Builds Above Key Moving Average

TRX is currently trading at 0.331000 USDT, holding above its 20-day moving average of 0.323225. According to BTCC financial analyst William, this level acts as a strong support floor. The MACD histogram shows a narrowing negative gap at -0.007118, with the signal line at 0.009315 converging toward the MACD line at 0.002198, suggesting a potential bullish crossover. Bollinger Bands place the upper band at 0.333190 and the middle band aligned with the 20-day MA. Price action testing the upper band indicates upward pressure, with William noting that a clean break above 0.333 could trigger acceleration toward the next resistance.

TRXUSDT

Market Sentiment Firmly Bullish: Stabliq Wallet Launch and Whale Accumulation Signal Confidence

The positive news flow reinforces technical strength. Virell Trade’s launch of the Stabliq wallet for stablecoin management on Ethereum and TRON directly expands TRX ecosystem utility. Meanwhile, reports of whales accumulating three altcoins—including TRX—during market downturns reflect institutional conviction. BTCC analyst William remarks that MyTonWallet’s rebrand to My Wallet after multi-chain expansion further validates TRON’s growing infrastructure. This news backdrop aligns with the bullish technical setup, suggesting strong fundamental support for continued upside.

Factors Influencing TRX’s Price

Virell Trade Launches Stabliq Wallet for Stablecoin Management on Ethereum and TRON

Fintech developer Virell Trade has unveiled Stabliq Wallet, a non-custodial solution designed for stablecoin management across Ethereum and TRON networks. The wallet targets both institutional and retail users, offering secure storage, transfers, and exchanges for major stablecoins like USDT and USDC.

Key features include gasless Ethereum token swaps, eliminating the need for users to hold ETH for gas fees, and a non-custodial security framework reinforced by biometric authentication. The platform supports multi-account management and cross-network integration, simplifying DeFi accessibility.

3 Altcoins Defying Market Downturn as Whales Accumulate

Crypto markets bled $2.13 trillion in valuation amid a 3.9% daily drop, with fear gripping traders as the Crypto Fear and Greed Index hit 19. Bitcoin wobbled near $62,400 while Ethereum stalled at $1,650—both down 5-7% weekly. Yet beneath the surface, three altcoins flashed resilience.

LiquidChain (LIQUID) emerges as a Layer 3 contender stitching together Bitcoin, Ethereum, and Solana liquidity. TRON (TRX), the battle-tested L1, continues absorbing volume despite macro headwinds. Meanwhile, Bitcoin Hyper (HYPER) quietly advances its Bitcoin-scaling ambitions for DeFi integration.

Presales for infrastructure projects siphoned capital from blue chips, underscoring a market pivoting toward early-stage bets. 'When tides recede, builders keep laying bricks,' remarked a Singapore-based hedge fund manager deploying fresh capital into LIQUID.

MyTonWallet Rebrands to My Wallet After Multi-Chain Expansion

MyTonWallet, the open-source self-custodial wallet originally launched on The Open Network (TON) in 2022, has rebranded to My Wallet following its expansion to 11 blockchains. The platform now supports TON, TRON, Solana (SOL), Ethereum (ETH), Base, BNB Chain, Polygon, Arbitrum, Monad, Avalanche, and Hyperliquid—with Bitcoin (BTC) integration forthcoming.

The wallet serves over 9 million users with unified portfolio tracking across all supported chains. Unlike competitors like MetaMask (which offloads analytics to a separate web app) or Phantom (limited to Solana), My Wallet integrates net-worth tracking, P&L dashboards, and asset allocation breakdowns directly into its interface. Persistent multi-chain connectivity enables real-time balance updates without third-party tools.

How High Will TRX Price Go?

Based on current data, TRX appears positioned for a move toward the upper Bollinger Band at 0.333190 USDT. A successful breakout above this level could target the next psychological resistance near 0.340 USDT. Below is a table summarizing key technical levels:

IndicatorValueSignal
Current Price0.331000 USDTBullish above 20-day MA
20-day MA0.323225 USDTKey support level
MACD Histogram-0.007118Narrowing, approaching bullish crossover
Bollinger Upper Band0.333190 USDTImmediate resistance
Bollinger Middle Band0.323225 USDTSupport floor
Key Resistance0.340 USDTNext target after breakout

BTCC analyst William emphasizes that sustained volume and positive news flow—especially the Stabliq wallet and whale activity—could drive TRX beyond 0.333 in the near term. However, a failure to hold above the 20-day MA might invite a retest of the lower band at 0.313.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

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