TRX Price Prediction: Technical Analysis Points to $0.40 Target Amid Bullish Cross-Chain Momentum

#TRX

• TRX trading above 20-day MA indicates underlying bullish momentum
• MACD convergence suggests potential momentum shift to the upside
• Cross-chain expansion news driving positive sector sentiment

TRX Price Prediction

TRX Technical Analysis: Bullish Momentum Building Above Key Moving Average

TRX is currently trading at $0.3528, positioned above its 20-day moving average of $0.3393, indicating underlying strength. The MACD reading of -0.00328 shows slight bearish momentum, but the narrowing gap between the MACD line (0.006452) and signal line (0.009732) suggests potential momentum shift. Price action NEAR the upper Bollinger Band at $0.3566 indicates increased buying pressure, while the middle band at $0.3393 provides immediate support.

According to BTCC financial analyst Sophia, 'The technical setup favors upward movement, with a clear path toward testing the $0.40 resistance level if current support levels hold.'

Market Sentiment: TRX Faces Mixed Signals Amid Cross-Chain Expansion News

Recent market developments show NEAR Protocol's 5.16% surge driven by cross-chain expansion, creating positive spillover effects across the ecosystem. TRON's current test of key resistance levels aligns with broader sector momentum, though technical indicators present mixed signals.

BTCC financial analyst Sophia notes, 'The cross-chain narrative is driving bullish sentiment across interoperable protocols. While TRX faces technical resistance, the underlying fundamentals supported by ecosystem expansion provide constructive backdrop for price appreciation.'

Factors Influencing TRX's Price

NEAR Protocol Surges 5.16% as Cross-Chain Expansion Drives Bullish Momentum

NEAR Protocol's price surged to $2.85, marking a 5.16% gain within 24 hours, fueled by its recent cross-chain integrations with Aptos and Tron. The move underscores NEAR's growing dominance in blockchain interoperability, with its Intents system now connecting 20 blockchains for seamless swaps.

Technical indicators reinforce the bullish sentiment. The MACD histogram shows momentum at 0.0522, while the RSI sits at 64.46—neither overbought nor oversold. Market response has been immediate, with a 1.69% price jump following the September 10 announcement.

This expansion builds on earlier partnerships, including Aptos for cross-chain transfers and Shelby for decentralized storage. NEAR’s ecosystem growth reflects a strategic push toward scalability and cross-chain functionality, positioning it as a key player in the next wave of blockchain adoption.

TRON (TRX) Tests Key Resistance Amid Mixed Technical Signals

TRON's TRX token climbed 1.32% to $0.35, approaching a critical resistance level at $0.37 as technical indicators present conflicting signals. The move comes without fundamental catalysts, suggesting algorithmic traders and chartists are driving the action.

Binance spot markets recorded $91.19 million in TRX volume—moderate participation that lacks the conviction of a decisive breakout. The price now tests the upper Bollinger Band while the RSI remains neutral, leaving traders divided on near-term direction.

Market structure appears technically driven, with TRON's ecosystem remaining quiet on development updates or partnership news. The absence of fresh catalysts shifts focus squarely to chart patterns, where a clean break above $0.37 could trigger momentum plays.

TRX Price Prediction: Technical Momentum Signals $0.40 Target in 30 Days

TRON's native token TRX shows bullish technical formation, with MACD divergence and neutral RSI suggesting imminent breakout potential. The cryptocurrency currently trades at $0.35, testing resistance near its 52-week high of $0.37.

Analysts identify $0.40 as the primary target within the next month, with CoinCu's forecast range of $0.4206-$0.6126 aligning with current momentum. The $0.30 level remains critical support, while a decisive move above $0.37 could accelerate gains toward the $0.42 upper boundary.

Market observers note unusual consensus among prediction platforms, with CoinCodex's conservative $0.33823 estimate contrasting PricePredictions.com's ambitious $1.06 long-term projection. This convergence around the $0.33-$0.42 range underscores growing institutional confidence in TRON's underlying blockchain activity.

How High Will TRX Price Go?

Based on current technical analysis and market sentiment, TRX shows strong potential to reach $0.40 within the next 30 days. The cryptocurrency is trading above its 20-day moving average with bullish Bollinger Band positioning, indicating sustained buying interest.

BTCC financial analyst Sophia emphasizes that 'the combination of technical momentum and positive cross-chain developments creates favorable conditions for TRX to challenge the $0.40 resistance level, representing a potential 13.4% upside from current levels.'