TRX Price Prediction: Can the ETF Hype Overcome Technical Resistance?
#TRX
- Technical Edge: TRX price hovering near upper Bollinger Band with 20MA support suggests accumulation phase
- ETF Catalyst: SEC filing could drive institutional interest but remains speculative
- Network Utility: Tether's TRON dominance provides fundamental floor for valuation
TRX Price Prediction
TRX Technical Analysis: Bullish Signals Emerge
TRX is currently trading at 0.27750000 USDT, slightly above its 20-day moving average (0.272950), indicating short-term bullish momentum. The MACD histogram shows a slight bearish crossover (-0.001132), but the price remains comfortably within the Bollinger Bands (Upper: 0.279332, Lower: 0.266568), suggesting consolidation with upside potential. BTCC analyst William notes: 'TRX is testing resistance NEAR the upper Bollinger Band—a breakout could trigger a rally toward 0.285 USDT.'
Mixed Sentiment for TRX Amid ETF Buzz and Competitive Pressure
While Justin Sun's TRX ETF filing with the SEC signals institutional ambition, analysts highlight concerns about limited upside potential in 2025. Tether's $1B USDT mint on TRON underscores network utility, but headlines about RUVI AI outperforming TRX in analyst rankings create competitive pressure. William observes: 'The ETF narrative is bullish long-term, but short-term price action may stall until TRX clears 0.28 USDT resistance.'
Factors Influencing TRX’s Price
Ruvi AI (RUVI) Gains Analyst Favor Over Tron (TRX) with AI-Blockchain Fusion
Ruvi AI emerges as a formidable challenger to Tron's dominance in decentralized applications, leveraging artificial intelligence to deliver real-world utility. The project has already secured $2 million in funding and sold over 170 million tokens, attracting a dedicated community of 1,700+ holders.
Unlike Tron's entertainment-focused approach, Ruvi AI targets concrete industry pain points. Its AI-powered solutions for marketing optimization demonstrate measurable ROI potential, creating inherent token demand. Analysts highlight this utility-driven model as the foundation for projected 104x returns.
The integration of blockchain and AI positions Ruvi AI at the convergence of two transformative technologies. Early adoption metrics suggest market recognition of its value proposition, with performance indicators outpacing many established tokens at similar development stages.
Justin Sun’s Bold Bet: TRX ETF Filing With SEC Signals a New Era for Web3
Canary Capital, a U.S. asset management firm, has filed an S-1 registration statement with the SEC for a TRX ETF. This marks TRON's first attempt to enter the U.S. capital markets through a fully compliant pathway, representing a high-stakes regulatory bet and strategic rebranding move for the network. Unlike other cryptocurrency projects that have gained traction through meme coin hype or circumvented SEC oversight, Justin Sun has upheld the principles of inheritance, perseverance, and building for over a decade.
TRON Price Forecast for 2025: Analysts See Limited Upside
TRX is trading at $0.2426 with a slight daily decline and a 5.48% drop over the past week. Analysts forecast a limited upside for TRX in April 2025 with a projected average price of $0.224. BNB Chain has surpassed TRON in active USDT wallets, highlighting a shift in stablecoin usage.
Tether Mints $1 Billion USDT on TRON Amid Bitcoin Surge
Tether has minted $1 billion worth of USDT on the TRON blockchain, bringing the year-to-date total to $10 billion. The move aligns with growing demand for stablecoins, possibly triggered by Bitcoin's surge past $87,000.
Tron Coin’s Price Action Takes An Interesting Turn
TRON (TRX) price broke above a descending trendline resistance that had held since the start of 2025. The filing for a staked ETF combined with increasing active addresses could see TRON price maintain its position above this trendline. The TRX market demonstrated new bullish momentum by crossing a long-standing descending line which served as resistance since late 2024. Price action reached the $0.2430 level during this crucial breakout. A period of bullish momentum enabled TRX price to rise towards $0.2600 but faced immediate resistance. The upcoming price action may find support at $0.2384 and $0.2428, which stands as a major technical level.
Tether Revenue Soars Near $1.5 Billion, Outpacing Ethereum and Others
Tether (USDT), the largest stablecoin in the cryptocurrency industry, has generated $1.46 billion this year, with expectations to surpass $1.5 billion soon. This figure significantly outpaces other stablecoins and major crypto players like Tron (TRX), Circle (parent company of USD Coin or USDC), Solana (SOL), and Ethereum (ETH). Ethereum, which was historically one of the most profitable players, has made just $157 million this year. Circle has earned $620 million as it prepares for its IPO, while Solana has generated $159 million largely due to meme coins within its ecosystem. Tron is also mentioned as a significant player but without specific revenue figures provided in this context.
Tron Price Stalls Despite Surge in Fees Towards $1 Billion
The TRON price has stagnated between $0.2210 and $0.2595. Tron (TRX) is currently trading at $0.2430, giving it a market capitalization of $23 billion and making it the ninth-largest coin. Tron has generated over $985 million in fees this year, making it the second most profitable player in the cryptocurrency industry after Tether (USDT). Tron has outperformed Ethereum (ETH) and Solana (SOL) in profitability, processing a significant amount of Tether transactions. On Friday, Tron processed $33 billion in Tether transactions, making it the largest processor of the largest stablecoin in the industry.
White House Redirects COVID.gov to Endorse Lab Leak Theory
The White House has redirected its official COVID-19 information portal, COVID.gov, to a new landing page titled “Lab Leak: The True Origins of COVID-19.” This move is seen as an endorsement of the theory that the pandemic began with a laboratory accident in Wuhan, China.
Cryptos and Tech Stocks Impacted by Trump-China Trade Tensions
The escalation of trade tensions between the United States and China is disrupting global financial markets. Cryptocurrencies and tech stocks are feeling the full impact of new tariff measures announced by the Trump administration, with duties reaching up to 245% on certain Chinese imports. This geopolitical tension has led to a strong correlation in the performance of cryptos and tech stocks. Investors are awaiting the Federal Reserve's next decisions on May 6 amidst this uncertain market environment. Notably, coins such as BTC, ETH, LTC, and others in the list are likely to be affected by these broader market movements, while exchanges like bybit, mexc, coinbase, and others will continue to closely monitor the situation.
Is TRX a good investment?
TRX presents a high-risk, high-reward opportunity in Q3 2025. Key considerations:
Metric | Value | Implication |
---|---|---|
Price vs 20MA | +1.67% above | Short-term bullish |
Bollinger Band Position | Upper band: 0.279332 | Near-term resistance |
MACD | -0.001132 | Potential momentum shift |
William advises: 'TRX could reward investors willing to stomach volatility, especially if the ETF materializes. A stop-loss below 0.2665 is prudent.'
Regulatory uncertainty around ETF approval
Competition from AI-blockchain projects like RUVI
Dependence on Tether's TRON network usage