TRX Price Prediction: Technical Breakout Potential Meets Fundamental Crosscurrents

TRX Technical Analysis: Bullish Signals Emerge Amid Consolidation

BTCC financial analyst Michael notes TRX is currently trading at $0.2739, slightly above its 20-day moving average of $0.271095. The MACD histogram has turned positive (0.004169), suggesting building bullish momentum. Prices are testing the upper Bollinger Band at $0.277746, which could act as immediate resistance. The technical setup indicates potential for further upside if TRX maintains above the key $0.271 support level.

Mixed Sentiment Surrounds TRX Despite Institutional Interest

BTCC’s Michael observes conflicting signals in TRON’s news flow. While whale selling and bearish sentiment (evidenced by 2.7% price decline) create headwinds, significant developments like Tether’s $10B USDT minting on TRON and the staked TRX ETF filing provide fundamental support. The market appears to be digesting both the retail exit and major ecosystem growth simultaneously.

Binance Coin Vs TRON: Which Comes Out On Top By April-End?

The cryptocurrency market has faced another slight correction. Bitcoin (BTC) has fallen to the $83,000 price level after climbing to $85,000. The global crypto market cap has fallen 4.5% in the last 24 hours to $2.72 trillion. Binance’s BNB coin has also faced a stark correction, dipping 1.8% in the daily charts, 4% in the 14-day charts, and 9.3% over the previous month. Despite the dip, BNB has rallied 4% over the last week and 6% since April 2024. TRON (TRX), on the other hand, is trading in the green zone across the board.

TRX Declines 2.7% as Large Holders Sell

TRX, the native token of Tron, has seen a significant market decline in the last 24 hours, falling by 2.77% despite positive trading activity over the past three weeks. The decline has been driven by large holders selling their holdings, which has forced the price to trend lower. However, AMBCrypto’s analysis suggests that this market movement could be a two-way event, with the asset potentially rallying to the upside after the initial price decline. Despite the fall, the overall market structure seemed bullish as on-chain fees and other market sentiments hinted at positive activity.

TRON Whale Activity and Retail Exit Impact on TRX

TRON’s Open Interest (OI) surged as its price increased, with top trader positions going up and retail accounts going down. Whale activity could signal a potential bullish reversal for TRX, but retail traders could keep the market in correction. TRX saw an intense surge of contracts reaching 316,072. Top Trader Position (TTP) traders increased their long positions, while True Retail Accounts (TRA) traders decreased their long exposure. The price movement indicated a substantial TRX whale was positioned long, while retail traders took short positions. When the price revisited the $0.248–$0.250 range, OI moved inversely, and the TTP decreased, suggesting the whale closed its position. Source: Hyblo

Canary Files for Staked TRX ETF, But TRON Faces Bearish Sentiment

Canary Capital has filed with the SEC to list a staked TRX ETF called Canary Staked TRX ETF. The ETF aims to hold spot TRX and stake it to generate added yield, providing investors with regulated access to staking rewards and market exposure. Despite this, Tron is facing strong bearish sentiment. Over the past four months, there has been an increase in ETF submissions to capitalize on a pro-crypto SEC in the United States.

Tron (TRX) and Ruvi AI (RUVI) Make Waves in Crypto Space

Tron (TRX) has made headlines with its ambitious plans, but Ruvi AI (RUVI) is capturing the attention of forward-thinking investors. Ruvi AI is a blockchain-AI integration platform that offers tangible solutions to real-world problems through its superapp, which automates workflows and optimizes operations for businesses, developers, and creators. The platform’s $RUVI token, available during the presale for just $0.01 per token, is set to power the ecosystem. With an 18,900% potential ROI, Ruvi AI stands out as a practical and lucrative investment opportunity in the crypto market.

Tether Mints $10B USDT on TRON in 2025

Tether has minted $10B USDT on TRON since the start of 2025, with the latest 1B tokens moved to the Tether Treasury wallet. TRON remains a top network for USDT transfers, with over 64M wallets holding over 69.71B USDT tokens.

Tron Price Prediction 2025–2031

Tron price predictions anticipate a high of $0.420 by 2025, ranging between $0.982 and $1.12 in 2028, and between $1.68 and $1.82 in 2031. TRX is the native token of the TRON network used for governance and transaction fees.