TRX Price Prediction: How High Will TRX Go in Current Market Conditions?

#TRX

• TRX is trading above its 20-day moving average, indicating bullish momentum
• Binance's fee waiver for TRX trading pairs could increase liquidity and trading volume
• The MACD shows weakening downward momentum, potentially signaling a trend reversal

TRX Price Prediction

TRX Technical Analysis: Bullish Signals Emerging

TRX is currently trading at 0.35800000 USDT, above its 20-day moving average of 0.332615, indicating a bullish trend. The MACD histogram shows a near-zero value (-0.000002), suggesting weakening downward momentum. Bollinger Bands show the price touching the upper band at 0.354155, which could signal overbought conditions but also strong upward momentum.

"TRX is showing strong technical signals," says BTCC financial analyst Robert. "The price holding above the 20-day MA and testing the upper Bollinger Band suggests potential for further upside if buying pressure continues."

Positive Market Sentiment for TRX Amid Binance Fee Waiver

The crypto market is seeing positive developments for TRX, with Binance waiving fees for TRX trading pairs to boost liquidity. Additionally, the growing adoption of crypto in gaming and Vietnam's Web3 ambitions are creating a favorable environment for altcoins like TRX.

"The Binance fee waiver is particularly significant," notes BTCC's Robert. "When combined with TRX's current technical setup, this could lead to increased trading volume and price appreciation in the NEAR term."

Factors Influencing TRX's Price

Betplay.io Emerges as a Leading Crypto Casino with 100% Welcome Bonus

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Binance Waives Fees for XRP, ADA, BNB, and TRX Trading Pairs to Boost Liquidity

Binance is eliminating trading fees for four major cryptocurrency pairs—XRP/USDC, ADA/USDC, BNB/USDC, and TRX/USDC—from August 12 to October 11, 2025. The promotion targets spot liquidity providers and VIP 2–9 users, removing both maker and taker fees to enhance market depth.

The move underscores Binance's aggressive strategy to maintain dominance in a competitive exchange landscape. By incentivizing high-volume traders, the platform aims to solidify its position as a liquidity hub for stablecoin markets.

Fee structures typically differentiate between makers (those providing limit orders) and takers (executing against existing orders). This temporary waiver disrupts that model entirely for selected pairs, creating arbitrage opportunities while reducing transaction costs for institutional participants.

GM Vietnam 2025 Draws 20,000 Participants, Bolstering Vietnam's Web3 Ambitions

Hanoi hosted the GM Vietnam 2025 conference on August 1-2, attracting over 20,000 global participants. Organizers framed the event as a pivotal moment in Vietnam's ascent as a digital economy leader, with ambitions to spearhead Southeast Asia's Web3 transformation.

The conference, co-hosted by Kyros Ventures and SSI Digital with support from Vietnam's National Cyber Security Association, showcased the country's regulatory progress, including its National Blockchain Strategy and Digital Technology Law. Sponsors included major blockchain players like Sui, Aptos, Polkadot, and Tether.

Discussions centered on regulatory frameworks, capital flows, and blockchain innovation. The event's scale signals growing institutional confidence in Vietnam's potential to become a regional Web3 hub.

How High Will TRX Price Go?

Based on current technical indicators and market sentiment, TRX shows potential for further upside. Here's a summary of key levels:

"In the current market environment," says BTCC's Robert, "we could see TRX test the $0.38 level in the coming weeks if the bullish momentum continues. The combination of positive technicals and supportive news creates a favorable setup."