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TRX Price Prediction: Will It Hit $1?

TRX Price Prediction: Will It Hit $1?

Author:
TRX News
Published:
2025-06-03 12:14:56
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

TRX Price Prediction

TRX Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst William, TRX is currently trading at $0.2692, slightly below its 20-day moving average (MA) of $0.270785. The MACD indicator shows a bullish crossover with the histogram at 0.002373, suggesting potential upward momentum. Bollinger Bands indicate a neutral range with the price hovering NEAR the middle band, signaling consolidation. William notes that a break above the upper band at $0.277213 could signal a bullish breakout, while a drop below the lower band at $0.264357 may indicate further downside.

TRXUSDT

Market Sentiment: TRX Shows Resilience Amid Volatility

BTCC financial analyst William highlights that TRX is holding steady at $0.26 despite market volatility and geopolitical uncertainty. News of cold wallet adoption and bullish signals for TRX and ADA are attracting crypto whales. William points out that Meta’s ethereum stablecoin launch could challenge Tron’s USDT dominance, but TRX’s strong community and recent market rotation favoring altcoins like TRX, XRP, and Dogecoin provide a supportive backdrop. CONF3RENCE 2025’s focus on blockchain could further boost sentiment.

Factors Influencing TRX’s Price

Cold Wallet’s Utility Model Gains Crypto Whales’ Attention; TRX and ADA Show Bullish Signals

Market watchers are noting strong bullish formations in TRON (TRX) and Cardano (ADA), with TRX poised for an 11% upward move and ADA eyeing a long-term target of $3.10. Both assets are benefiting from heightened on-chain activity and expanding use cases, reinforcing their market relevance.

Meanwhile, Cold Wallet ($CWT) is capturing investor interest with its real-world utility and structured roadmap. Currently in its second presale stage at $0.00743, the project touts a potential 4900% return, appealing to those seeking grounded utility in an increasingly application-driven crypto landscape.

TRON (TRX) Holds Steady at $0.26 Amid Market Volatility and Geopolitical Uncertainty

TRON (TRX) demonstrates resilience as global economic uncertainty and geopolitical tensions rattle cryptocurrency markets. The asset has maintained its position around $0.26, supported by the rapid expansion of its stablecoin ecosystem, which is attracting traders seeking stability.

Technical analysis reveals TRX climbed from $0.261 to $0.268—a 3.07% gain—before encountering selling pressure. Early trading formed a strong ascending channel, with volume peaking above 125 million during the 00:00–02:00 window. A breakout above $0.264 converted former resistance into support, followed by consolidation.

Selling intensified later, particularly between 05:12 and 05:28, with sell volume exceeding 8–11 million units. The TRX market reflects the broader crypto sector’s struggle to find equilibrium amid macroeconomic crosscurrents.

Meta’s Ethereum Stablecoin Launch Could Reshape Crypto Landscape Amid Tron’s USDT Dominance

Meta’s planned stablecoin launch on Ethereum later this year represents a seismic shift in digital finance, potentially onboarding its 3 billion-strong user base from Facebook, Instagram, and WhatsApp into cryptocurrency. This institutional embrace of blockchain technology aims to reduce settlement costs and bypass traditional payment rails.

The move comes as Tron surpasses Ethereum in USDT circulation, with $73.8 billion of the $150 billion total supply now residing on Justin Sun’s network. Ethereum’s position as the premier smart contract platform faces both challenge and opportunity—while losing ground in stablecoin wars, it stands to gain unprecedented mainstream adoption through Meta’s deployment.

Market observers note this development could trigger a surge in on-chain activity, with Ethereum positioned as the default settlement layer for Meta’s vast digital ecosystem. The stablecoin initiative follows growing institutional demand for blockchain-based financial infrastructure that offers transparency and efficiency.

TRUMP Coin’s Exclusive Dinner Event with Donald Trump Attracts Crypto Elite

Top holders of TRUMP coin are set to dine with former U.S. President Donald Trump on May 22, marking another intersection of cryptocurrency and political celebrity. The event, reserved for the asset’s 25 largest investors, includes VIP receptions and exclusive tours—a testament to the growing clout of tokenized communities.

Tron founder Justin Sun is among the confirmed attendees, underscoring the event’s pull with high-profile industry figures. The gathering reflects a broader trend of crypto projects leveraging celebrity affiliations to bolster credibility and market appeal.

BlockDAG Gains Momentum with 170K Holders as TRON Lags and Ethereum Eyes $3K

BlockDAG’s innovative 25% referral program is driving unprecedented growth, amassing over 170,000 holders and nearing $250 million in presale funding. The project’s unique incentive structure—rewarding both referrers and buyers—has positioned it as a standout crypto gem for 2025.

Meanwhile, Ethereum continues its upward trajectory, breaching $2,600 with clear momentum toward the $3,000 threshold. Its steady climb contrasts sharply with TRON’s lackluster performance, which has sparked renewed debate about the asset’s future prospects.

While established players like Ethereum dominate headlines, BlockDAG’s disruptive approach demonstrates how novel incentive models can rapidly capture market attention. The project’s success highlights shifting investor priorities in an increasingly competitive landscape.

Altcoins Outperform Bitcoin as TRON, XRP, and Dogecoin Lead Market Rotation

After months of Bitcoin dominance, capital is flowing into altcoins as large-cap tokens like TRON (TRX), XRP, and Dogecoin (DOGE) spearhead a market-wide rotation. TRX surged after Tether’s USDT on the TRON network surpassed Ethereum in circulating volume, while XRP and DOGE futures open interest spiked across exchanges.

The shift marks the first sustained altcoin outperformance against Bitcoin in weeks, signaling changing investor sentiment. Analysts interpret rising volatility and altcoin dominance as early indicators of a broader rally, with traders diversifying post-Bitcoin halving.

Tron (TRX) and Mutuum Finance (MUTM) Eye $0.60 Amid Market Rally

Tron (TRX) has surged past the pivotal $0.25 resistance level, fueling speculation of a near-term rally toward $0.60. The network’s robust activity and growing DeFi integration are driving bullish sentiment among analysts.

Mutuum Finance (MUTM), an emerging DeFi project, is gaining traction alongside TRX. With $8.1 million raised and over 9,800 investors participating in its Phase 4 presale, the token is poised for a 20% price increase to $0.03 in its next phase. Market watchers anticipate a $0.06 launch price as demand accelerates.

CONF3RENCE 2025: Europe’s Premier Tech Event to Spotlight Blockchain and Emerging Technologies

CONF3RENCE 2025, Europe’s leading technology forum, will return as a nexus for innovation, bridging industry with cutting-edge technologies like AI, Blockchain, and Web3. The event underscores collaborative solutions for digitalization, decarbonization, and global competitiveness.

With a focus on practical integration, CONF3RENCE 2025 aims to demonstrate how these technologies can drive real-world business transformation. The DACH region’s growing prominence in tech innovation will be highlighted, with participation from key stakeholders across Europe.

North Rhine-Westphalia’s Minister for Economic Affairs emphasized the event’s role in fostering regional and continental innovation. "Technologies like Blockchain are not just theoretical—they’re actionable tools for progress," the Minister noted.

Will TRX Price Hit 1?

BTCC financial analyst William believes that while TRX shows bullish technical signals and positive market sentiment, reaching $1 in the near term is unlikely. Current technical indicators suggest consolidation, and the price would need to break key resistance levels to sustain a rally. Below is a summary of key data:

IndicatorValue
Current Price$0.2692
20-day MA$0.270785
MACD Histogram0.002373 (Bullish)
Bollinger Bands$0.264357 - $0.277213

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