TRX Price Prediction: Can Bulls Overcome the $0.27 Resistance?

TRX Price Prediction

TRX Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Ava, TRX is currently trading at $0.2683, slightly below its 20-day moving average of $0.271035. The MACD histogram shows a bullish crossover with a value of 0.003467, suggesting potential upward momentum. However, the price remains within the Bollinger Bands (Upper: $0.277663, Lower: $0.264407), indicating a period of consolidation. ’The technical setup shows TRX is in an accumulation phase,’ says Ava. ’A breakout above the 20-day MA could trigger a MOVE toward $0.277.’

TRX Market Sentiment: Mixed Signals Amid Record USDT Growth

BTCC’s Ava notes conflicting signals in TRX fundamentals: ’While Tron’s USDT supply hit a record $71B and shows dominant stablecoin inflows ($993M weekly), price stagnation and weak demand create near-term uncertainty. The social engineering attack on TRON’s X account and legal disputes with First Digital Trust add bearish pressure, but the ecosystem’s strong DEX volume ($750M yearly high) and narrowing gap with ethereum in Tether circulation suggest underlying strength.’

Factors Influencing TRX’s Price

Justin Sun Accuses First Digital Trust of Misusing $500 Million via Dubai Banks

Tron founder Justin Sun has leveled serious allegations against First Digital Trust (FDT), claiming the firm misappropriated $500 million through multiple Dubai-based financial institutions. In a May 3 social media post, Sun identified Mashreq Bank, Emirates NBD, Abu Dhabi Islamic Bank, and EFG as recipients of the disputed funds.

Sun called on Dubai authorities to investigate FDT executives including CEO Vincent Chok and five other named individuals. The accused allegedly exploited their positions to divert customer assets, according to Sun’s claims. The allegations emerge as Dubai intensifies efforts to establish itself as a cryptocurrency hub, potentially complicating regulatory discussions.

TRON Blames Social Engineering Attack for Hacked X Account

TRON’s official X account was compromised on May 2, with the team attributing the breach to a social engineering attack. The hackers promoted a fraudulent contract address and engaged users through direct messages before TRON regained control.

TRON DAO warned users to disregard any direct messages sent from its account on the day of the attack, emphasizing that the hackers aimed to spread malicious information. The breach originated from a team member’s compromised account, highlighting vulnerabilities in personal security practices.

TRON Faces Potential 5% Dip Amid Weak Demand Despite Bullish Structure

TRON’s market structure appears bullish on the surface, but recent weakness in demand suggests a looming 4%-5% price correction. The TRX/USDT pair is testing mid-range resistance at $0.248—a level that, if flipped to support, could trigger a 10% rally. However, Bitcoin’s short-term bearish momentum and TRON’s fading bullish strength present immediate obstacles.

Fibonacci analysis reveals critical support at $0.222, corresponding to the 78.6% retracement of TRON’s November-December rally. This level also marks the lower boundary of TRX’s 2025 trading range. Market participants are watching whether the current retest of resistance will fail, potentially confirming the predicted dip.

TRON Nears Ethereum’s USDT Dominance as Supply Hits Record $71B

TRON’s USDT circulation has surged to a historic $71 billion, narrowing the gap with Ethereum’s $74.5 billion stablecoin supply. The layer-1 blockchain now boasts over 2.66 million long-term holder addresses, signaling robust retail confidence in its ecosystem.

Analysts suggest TRON could overtake Ethereum in USDT adoption, with CryptoQuant data revealing consistent supply growth. "This cements TRON’s position as a DeFi heavyweight," remarked Darkfost, noting its potential to surpass major competitors.

Tron’s USDT Supply Hits All-Time High Amid TRX Price Stagnation

Tron’s ecosystem demonstrates robust growth as its USDT supply nears $71 billion, closing in on Ethereum’s $75 billion dominance. Long-term TRX holders now exceed 2.66 million, signaling deepening conviction in the network’s utility.

Despite these fundamental strengths, TRX remains trapped below $0.273 resistance, with exchange flows reflecting market caution. The divergence between on-chain metrics and price action suggests external market forces are overriding Tron’s improving liquidity position.

Tron’s DEX Trading Volume Hits $750M Yearly High as TRX Eyes $0.26

Tron’s TRX demonstrates resilience, holding steady above its weekly support level of $0.244 while eyeing a potential climb to $0.260. The network’s decentralized exchanges have processed over $750 million in trades this week—a yearly peak signaling robust liquidity and user engagement.

Stablecoin adoption on Tron continues its upward trajectory, with market capitalization approaching $72 billion. This growth reflects deepening trust in the ecosystem’s infrastructure as both traders and institutions increasingly utilize its low-cost, high-speed blockchain for dollar-pegged transactions.

TRON Accumulation Phase Detected—Major Price Surge Coming

TRON (TRX) is bucking the trend of broader crypto market consolidation with a steady upward trajectory. The token has gained 2.6% over two weeks, currently trading at $0.2495 amid muted altcoin performance.

On-chain analysis by CryptoQuant’s BorisVest identifies an accumulation phase for TRON, noting decreased network activity often preceding significant price movements. The network’s stability during market volatility has drawn heightened scrutiny from traders.

Tron Narrows Gap with Ethereum in Tether Circulation After $1B Mint

Tether’s latest $1 billion USDT mint on the Tron network brings its total circulation to $71.4 billion, just $1.4 billion shy of Ethereum’s $72.8 billion. The move signals a potential resurgence for Tron, which previously led Ethereum in USDT circulation from July 2022 to November 2024.

The stablecoin issuer’s strategic allocation across blockchains reflects evolving liquidity preferences in crypto markets. Tron’s lower transaction costs and faster settlements continue attracting institutional stablecoin activity, while Ethereum maintains its dominance in decentralized finance applications.

Tron Dominates Stablecoin Inflows with $993M Weekly Surge as TON Faces $150M Outflow

Tron’s blockchain has emerged as the clear leader in stablecoin liquidity, attracting $993 million in USDT and USDC inflows over the past week. The network’s advantage in low-cost, high-speed transactions continues to draw users away from competing platforms.

Meanwhile, The Open Network (TON) suffered a $150.21 million outflow during the same period, highlighting the market’s preference for established networks with proven infrastructure. This liquidity shift underscores the importance of transaction efficiency in the current stablecoin landscape.

How High Will TRX Price Go?

TRX shows a bullish technical structure with MACD crossover and record USDT adoption, but faces resistance at the 20-day MA ($0.271). Key levels to watch:

Ava concludes: ’The 5% dip risk from weak demand may present buying opportunities, with a potential 15% surge likely if TRX holds $0.26 support and capitalizes on its USDT dominance growth.’