TRX Price Prediction: How High Will It Go in the Altcoin Bull Run?
#TRX
- Technical Outlook: TRX tests upper Bollinger Band with MACD hinting at bullish momentum.
- Market Sentiment: Altcoin season and TRX's 40% stock surge fuel optimism.
- Price Target: 0.35–0.38 USDT achievable if key resistance breaks.
TRX Price Prediction
TRX Technical Analysis: Bullish Signals Emerging
TRX is currently trading at 0.31590000 USDT, above its 20-day moving average (0.291340), indicating a potential bullish trend. The MACD histogram shows a slight bullish crossover (-0.002402), though still in negative territory. Bollinger Bands suggest the price is testing the upper band (0.313852), which could signal overbought conditions or continued upward momentum if the band expands.
Market Sentiment: TRX Gears Up for Potential Breakout
Positive market sentiment surrounds TRX as headlines highlight a potential 'monster altcoin season' and a 40% stock uptick. Whale activity in meme coins like Dogecoin may also spill over into TRX, fueling speculative interest. However, technical indicators suggest caution as the MACD remains negative.
Factors Influencing TRX’s Price
Top Crypto Coins Under $1 To Buy Today — Monster Altcoin Season Meets Bull Run
Arthur Hayes, former BitMEX CEO, forecasts a seismic shift in crypto markets as capital rotates from Bitcoin to altcoins. Ethereum, Cardano, XRP, and Dogecoin lead the charge, with institutional inflows and technical breakouts signaling early-stage momentum.
Cardano's recent $200 million smart contract fund injection highlights growing institutional confidence. Meanwhile, Stellar and SYRUP gain traction through real-world payment integrations—a trend mirroring 2017's altcoin frenzy but with substantiated use cases.
Technical analysts note textbook breakout patterns forming across sub-$1 assets. TRON and Hedera exhibit ascending triangle formations, while PENGU's symmetrical triangle suggests imminent volatility. Volume surges confirm retail participation, creating fertile ground for asymmetric returns.
TRX Price Eyes Breakout as Its Stock Up Over 40%
TRX has demonstrated remarkable resilience since April 2025, outpacing major altcoins despite global market turbulence. Investors who missed December 2024's rally—fueled by Trump’s election win—now face a landscape rich with catalysts. A reverse merger acquiring SRM Entertainment, robust on-chain revenue, and technical strength suggest transformative potential for TRON.
The daily chart reveals a steadfast uptrend since April, with TRX weathering May-June volatility better than peers. Even geopolitical tensions between the U.S., Israel, and Iran failed to trigger steep corrections—a testament to its non-speculative fundamentals. The subsequent ceasefire reignited sector-wide momentum, propelling TRX alongside XRP and ADA.
Justin Sun’s strategic acquisition of SRM Entertainment, now trading as TRON Inc. on NASDAQ, adds institutional weight. Market observers note the convergence of bullish sentiment and structural advantages could redefine TRX’s trajectory for traders and long-term holders alike.
Dogecoin Surges as Whale Activity Sparks Meme Coin Rally
Dogecoin's price surged 6.2% to $0.209, peaking at $0.22 during a 24-hour trading frenzy. Trading volume tripled to 1.22 billion tokens, marking the highest activity since March. The rally propelled DOGE past TRX to become the eighth-largest cryptocurrency by market cap at $30 billion.
Technical charts reveal bullish formations, including a double bottom pattern on the 2-week timeframe and an emerging cup-and-handle structure on 4-hour charts. Market conditions suggest growing momentum for altcoins, with stablecoin dominance showing signs of weakening.
How High Will TRX Price Go?
TRX could target 0.35–0.38 USDT if it sustains above the 20-day MA and MACD turns positive. Key resistance levels are:
Level | Price (USDT) |
---|---|
Upper Bollinger Band | 0.313852 |
Next Resistance | 0.330000 |
BTC market dominance and MACD divergence remain risks.