TRX Price Prediction: How High Will the Rally Go?

#TRX

• TRX shows bullish technical signals with MACD crossover and middle Bollinger Band position
• Market sentiment is positive with identification of cup-and-handle pattern suggesting 60% upside potential
• Key resistance at $0.29 needs to be broken to confirm bullish scenario

TRX Price Prediction

TRX Technical Analysis: Bullish Signals Emerge

TRX is currently trading at $0.2746, slightly below its 20-day moving average of $0.275865. The MACD indicator shows a bullish crossover with a positive histogram reading of 0.001539, suggesting growing momentum. Bollinger Bands indicate the price is in the middle range, with potential to test the upper band at $0.289609 if bullish pressure continues.

"The technical setup shows TRX is building momentum for a potential breakout," says BTCC financial analyst Michael. "The MACD turning positive while price holds above the lower Bollinger Band creates a favorable risk-reward scenario for bulls."

Market Sentiment Turns Bullish for TRX

Positive news FLOW is supporting TRX's technical outlook. The identification of a bullish cup-and-handle pattern suggests potential for significant upside, while exchange-related news appears to be having limited impact on TRX specifically.

"The cup-and-handle pattern mentioned in recent reports could indeed signal a 60% rally if confirmed," notes BTCC's Michael. "While the Nobitex hack is concerning for the broader market, TRX seems to be developing its own bullish narrative separate from these events."

Factors Influencing TRX's Price

4 Cryptos You Can’t Ignore in 2025: Shiba Inu’s (SHIB) Replacement Unveiled

The memecoin sector continues to dominate cryptocurrency discussions, with new tokens like Little Pepe (LILPEPE) emerging as potential successors to Shiba Inu (SHIB). Unlike traditional memecoins, LILPEPE operates on its own Layer 2 blockchain, reducing susceptibility to pump-and-dump schemes. Its presale surged, attracting $300,000 within 48 hours at an initial price of $0.001, now climbing to $0.0011 in Stage 2.

Tron (TRX), Toncoin (TON), and Ripple (XRP) round out the list of notable contenders. Each offers distinct value propositions, from smart contract platforms to cross-border payment solutions. Market curiosity around these assets often precedes price momentum, making them worth monitoring regardless of short-term volatility.

TRON (TRX) Forms Bullish Cup-and-Handle Pattern, Eyes 60% Rally

TRON's native token TRX is exhibiting a classic cup-and-handle formation on technical charts, with a decisive breakout above $0.2958 potentially propelling prices toward $0.4497. The network's fundamentals appear equally robust, with daily transactions quadrupling since 2021 to over 9 million while maintaining a 96% success rate.

The cryptocurrency briefly surged 9% following news of its indirect public market debut through a SPAC merger with Nasdaq-listed SRM Entertainment. Currently trading around $0.273, TRX maintains crucial support above its 50-day moving average at $0.268, suggesting sustained bullish momentum.

TRON's blockchain continues demonstrating enterprise-grade reliability, with consistent block production and cost-efficient transactions fueling developer adoption. This technical strength complements the token's chart pattern, creating a rare confluence of favorable indicators for TRX investors.

Iran’s Nobitex Exchange Loses $81 Million in Pro-Israel Cyberattack

Iran’s largest cryptocurrency exchange, Nobitex, suffered a devastating cyberattack resulting in the loss of over $81 million. The breach, attributed to pro-Israel hackers using vanity wallet addresses, marks one of the most significant crypto thefts in recent months. The hacker group "Gonjeshke Darande" claimed responsibility, threatening to release the exchange’s source code within 24 hours.

The stolen funds spanned multiple blockchain networks, including Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Solana (SOL), TRON (TRX), and Toncoin. Blockchain investigator ZachXBT first exposed the breach on June 16, 2025, tracing the movement of $81.7 million from Nobitex’s hot wallets across TRON and Ethereum-compatible chains.

In response, Iran’s Central Bank imposed restrictions on crypto exchange operating hours, limiting them to 10 AM–9 PM. The same hacker group had previously targeted Iran’s state-owned Bank Sepah earlier in the week, escalating tensions in the region.

How High Will TRX Price Go?

Based on current technicals and market sentiment, TRX shows potential for significant upside. The cup-and-handle pattern suggests a possible 60% rally from current levels, which would target approximately $0.44.

"The $0.29 level is the first key resistance to watch," says BTCC's Michael. "A confirmed breakout there could open the path to much higher levels, especially if the broader crypto market remains supportive."

Cryptocurrency investments are volatile and all trading involves risk. Only invest what you can afford to lose.