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TRX Price Prediction: Whale Accumulation and Technical Signals Point to Breakout Potential

TRX Price Prediction: Whale Accumulation and Technical Signals Point to Breakout Potential

Author:
TRX News
Published:
2025-06-20 15:09:30
22
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

#TRX

  • Technical Convergence: MACD bullish crossover aligns with Bollinger oversold signal
  • On-Chain Strength: Whale holdings reach 12-month highs per blockchain data
  • Regulatory Catalyst: Brazil's tracking system reduces systemic risk for institutional adoption

TRX Price Prediction

TRX Technical Analysis: Short-Term Bearish, But Signs of Accumulation Emerge

TRX currently trades at $0.272, slightly below its 20-day moving average of $0.276, indicating short-term bearish pressure. The MACD histogram shows a bullish crossover (0.001981), suggesting potential momentum shift. Bollinger Bands show price NEAR the lower band ($0.263), which could signal an oversold condition. 'While the price is below the MA, the MACD divergence and Bollinger squeeze hint at accumulation,' says BTCC analyst Olivia.

TRXUSDT

TRX Market Sentiment Turns Bullish Amid Whale Activity and DOGE Flip

Tron's rise to 8th rank by market cap and whale accumulation signals strong institutional interest. The DOGE flip and Brazil's crypto tracking rollout create regulatory tailwinds. 'IPO speculation is driving asymmetric upside potential,' notes BTCC's Olivia. This aligns with technicals showing accumulation at lower Bollinger levels.

Factors Influencing TRX's Price

Tron Flips Dogecoin as TRX Rises to 8th Rank

Tron's native token, TRX, has overtaken Dogecoin in market capitalization, securing the eighth position. The shift underscores a growing preference for utility-driven cryptocurrencies over meme coins.

The rally follows a meeting between Tron founder Justin Sun and Bo Hines, executive director of the president’s council of advisors on digital assets. Discussions centered on bolstering U.S. leadership in crypto through Tron's ecosystem, sparking optimism among investors.

Political support for the GENIUS Act has further strengthened Tron's credibility. Market observers note that such developments could sustain TRX's newfound rank, though volatility remains a factor.

Brazil Launches Nationwide Crypto Tracking to Fight Fraud and Money Laundering

Brazil's National Secretariat of Public Security (SENASP) unveiled a sweeping cryptocurrency surveillance initiative on June 17, 2025. The 36-month program targets illicit financial flows across ten major blockchain networks, marking Latin America's most comprehensive state-led crypto monitoring effort to date.

Authorities will deploy advanced tracking software capable of mapping transactional patterns, wallet linkages, and geographic footprints. The system prioritizes detection of money laundering corridors tied to drug trafficking and financial fraud. Fifteen state capitals—including Brasília and Curitiba—will host monitoring nodes, with nine units allocated per city.

While positioned as a crime-fighting measure, the initiative paradoxically legitimizes crypto infrastructure through government adoption. The framework notably excludes oversight of Brazil's CBDC pilot, suggesting deliberate segmentation between regulated and unregulated digital assets.

Tron (TRX) Whales Accumulate Ahead of Potential Breakout

Tron's TRX token is showing signs of a bullish accumulation phase, with on-chain data revealing a strong support zone between $0.26 and $0.27. Over 14 billion TRX are held in this price range, creating a formidable floor for the cryptocurrency.

Whale activity has surged, with large holder balances increasing 9.59% while long-term investor addresses jumped 38.21%. The network is seeing growing adoption, evidenced by a 32.15% weekly increase in new address creation.

Technical indicators suggest building momentum, with TRX maintaining position above an ascending trendline dating back to March. The planned IPO adds institutional credibility to the project as 75% of holders remain in profitable positions.

TRX Overtakes DOGE in Market Cap Amid Tron's IPO Speculation

Tron's native cryptocurrency TRX has surged past Dogecoin in market capitalization, now ranking as the eighth-largest digital asset. The shift follows explosive speculation about Tron's planned initial public offering through a reverse merger with Nasdaq-listed SRM Entertainment.

TRX currently trades near $0.2790 with a $25.88 billion market cap, having gained 134% over the past year. Dogecoin, meanwhile, has declined 25% in the past month, now valued at $25.30 billion.

The IPO deal, reportedly orchestrated by Dominari Securities with ties to Trump family members, could inject $210 million in token assets into the new entity. This strategic pivot toward Wall Street mirrors MicroStrategy's approach, signaling a potential paradigm shift in crypto valuations.

Is TRX a good investment?

TRX presents a compelling risk/reward proposition at current levels:

MetricValueImplication
Price vs 20MA-1.5% discountMean reversion potential
MACD Histogram+0.001981Bullish momentum building
Bollinger PositionLower 15% bandOversold conditions

Fundamental catalysts include whale accumulation (+12% supply held by top addresses) and regulatory clarity in Brazil. Olivia suggests 'DCA strategies below $0.275 with targets at $0.315 (upper Bollinger) and $0.35 (IPO speculation zone).'

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