The post TRON Price Prediction 2023, 2024, 2025: Will This Retest Pump TRX To $0.11? appeared first on Coinpedia Fintech News
The crypto landscape in 2023 is buzzing with talk of a continued bull market, and amid this optimistic atmosphere, TRON (TRX) is making its presence known. With its ecosystem thriving and the TRON coin price mirroring the uptrend that began earlier this year, TRX is a beacon of hope in a market that is gradually becoming more greedy.
TRON, a decentralized operating system, was created with the goal of providing a scalable and efficient platform for decentralized applications. Notably, TRX has shown an impressive year-to-date growth of 56% in 2023, reflecting the market’s positive sentiment.
With the larger framework turning bullish, questions like: “Is TRX a good investment?” are rising in the crowd.
To address these pressing queries, we’ve crafted a comprehensive Tron price prediction for 2023 – 2025.
Join us as we dive into the TRX price prediction for 2023 – 2025 and beyond.
The TRX coin price has displayed a phenomenal uptrend in recent months. The TRX price action displays a descending triangle pattern breakout and challenges the 50% Fibonacci level at $0.083. Currently, the uptrend continues after retesting the broken triangle pattern but faces opposition at the 50% Fibonacci level.
At present, with a trading value of $0.0855, TRX has registered a 0.15% growth in the past 24 hours, showcasing the ongoing positive momentum with breakout.
Furthermore, the price action displays a potential double bottom reversal from $0.067 with a neckline coinciding with the 50% Fibonacci level. Upon the 50% Fibonacci breakout, the TRX price is expected to continue the uptrend and exceed the $0.10 mark.
However, on the flip side, a reversal from the 50% Fibonacci level will test the bottom support level at $0.067.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
October 2023 | 0.067 | 0.076 | 0.10 |
In 2023, TRX has charted an impressive uptrend, boasting a year-to-date increase of 42.97%. It even touched its 52-week pinnacle at $0.085. This upward momentum in Tron’s valuation has seen periodic corrections, especially when compared to Bitcoin, resulting in the formation of a robust support trendline.
Trading 17.59% below its 2023 zenith of $0.094, TRX is currently priced around $0.076. Intriguingly, TRX has managed to maintain a positive alignment between the 50 and 200-day EMA post their golden crossover, a commendable achievement in 2023’s altcoin landscape.
Additionally, the TRON ecosystem is seeing a big increase in its Total Value Locked (TVL), which is now at $5.305 billion. That’s getting close to its all-time high of $6.8 billion, which shows that the platform is being used increasingly and securing more and more assets.
This surge in demand and the platform’s robust performance could potentially trigger a bullish TRON (TRX) market price spike.
Considering the TRX price shot up by the end of 2023, with a post-retest reversal, the TRX crypto can end the year at $0.11. However, an excessive selling spree can force the Tron prices to retest $0.049 and end the year at $0.0804.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 0.049 | 0.0745 | 0.11 |
If the TRON ecosystem continues to gain momentum in 2024, the TRX coin price is expected to reach the height of $0.11. On the downside, if the TRON ecosystem faces regulatory pressure and fails to gain momentum in the adoption race, the TRX price might slide down to $0.080. Therefore, traders can expect an average price of $0.095 for TRON in 2024.
Considering the growth of the Defi ecosystem, the TRX coin price is expected to boom. Investors can find the TRX coin price sustaining above the psychological barrier of $0.20 and create another swing high at $0.217.
In case of a bearish correction, the TRX prices might slide down to $0.076, making an average price of $0.1465.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.093 | 0.1765 | 0.26 |
2027 | 0.114 | 0.237 | 0.36 |
2028 | 0.234 | 0.337 | 0.44 |
2029 | 0.297 | 0.4435 | 0.59 |
2030 | 0.4167 | 0.57335 | 0.73 |
By 2026, the TRX coin price is expected to hit a high of $0.26, surpassing the next crucial psychological level of $0.15. In case of an economic slowdown, the TRX price is expected to make a low of $0.093, with an average of $0.1765.
With a potential recovery in 2027, the TRX price is expected to continue the bull run and retest the high of $0.36. On the flip side, the TRX crypto can bottom out at $0.114, with an average of $0.237.
With continued bullish momentum in 2028, the TRX price can form a range between $0.234 and $0.44, with an average price of $0.337.
Coming a step closer to its all-time high of $0.30 in 2029, the TRX price is expected to surpass the psychological barrier of $0.25. Creating a new swing high at $0.297, the TRX crypto might form a low at $0.22, with an average of $0.4435.
TRX coin price is expected to create a new all-time high of $0.73 in 2030. With a potential low of $0.4167, the crypto will have an average price of $0.57335.
The overall point of view for the TRX price prediction remains bullish as the TRON ecosystem is getting ahead in the adoption race. Moreover, the recovering price trend in 2023 projects bullish growth for TRX crypto in the coming years.
Based on Coinpedia’s TRON price forecast, the anticipated price of the TRON cryptocurrency could potentially peak at $0.011 this year. However, should bearish trends prevail, the value of TRON might plummet to a low of $0.049. Consequently, the expected average price stands at approximately $0.0745.
We expect the TRX coin price to reach the height of $0.11 by the end of 2023.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 0.049 | 0.0745 | 0.11 |
TRX Price Prediction | 2023 | 2024 | 2025 |
Trading Beasts | $0.10 | $0.10 | $0.116 |
SwapSpace | $0.038 | $0.078 | $0.0826 |
DigitalCoinPrice | $0.17 | $0.19 | $0.27 |
Long Forecast | $0.089 | $0.129 | $0.111 |
Historical Price Sentiments
Yes, Tron coin is a profitable investment, if considered for the long term.
The Ethereum ecosystem is currently facing a serious problem of huge gas fees. Therefore, addressing the issue, Tron blockchain claims to lower the transaction fees.
According to our TRX price prediction. The digital asset could possibly close its trade with a maximum price tag of $0.131 by the end of 2025.
TRX’s price could possibly hit its potential high of $0.084 by the end of 2023.
Considering you invested in TRON in January 2020, you would have made a 500% return. In simple terms, you would have made 5 times the profit on your investment. Therefore, the $100 invested in Tron in January 2020 will be worth $500 today.
At present, the analysis projects a potential high of $0.34 for the TRX coin price in 2030, however, with increased adoption and rising demands, it is possible for the TRON price to reach $1.
TRON’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken.
The post TRON Price Prediction 2023, 2024, 2025: Will This Retest Pump TRX To $0.11? appeared first on Coinpedia Fintech News
The crypto landscape in 2023 is buzzing with talk of a continued bull market, and amid this optimistic atmosphere, TRON (TRX) is making its presence known. With its ecosystem thriving and the TRON coin price mirroring the uptrend that began earlier this year, TRX is a beacon of hope in a market that is gradually becoming more greedy.
TRON, a decentralized operating system, was created with the goal of providing a scalable and efficient platform for decentralized applications. Notably, TRX has shown an impressive year-to-date growth of 56% in 2023, reflecting the market’s positive sentiment.
With the larger framework turning bullish, questions like: “Is TRX a good investment?” are rising in the crowd.
To address these pressing queries, we’ve crafted a comprehensive Tron price prediction for 2023 – 2025.
Join us as we dive into the TRX price prediction for 2023 – 2025 and beyond.
The TRX coin price has displayed a phenomenal uptrend in recent months. The TRX price action displays a descending triangle pattern breakout and challenges the 50% Fibonacci level at $0.083. Currently, the uptrend continues after retesting the broken triangle pattern but faces opposition at the 50% Fibonacci level.
At present, with a trading value of $0.0855, TRX has registered a 0.15% growth in the past 24 hours, showcasing the ongoing positive momentum with breakout.
Furthermore, the price action displays a potential double bottom reversal from $0.067 with a neckline coinciding with the 50% Fibonacci level. Upon the 50% Fibonacci breakout, the TRX price is expected to continue the uptrend and exceed the $0.10 mark.
However, on the flip side, a reversal from the 50% Fibonacci level will test the bottom support level at $0.067.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
October 2023 | 0.067 | 0.076 | 0.10 |
In 2023, TRX has charted an impressive uptrend, boasting a year-to-date increase of 42.97%. It even touched its 52-week pinnacle at $0.085. This upward momentum in Tron’s valuation has seen periodic corrections, especially when compared to Bitcoin, resulting in the formation of a robust support trendline.
Trading 17.59% below its 2023 zenith of $0.094, TRX is currently priced around $0.076. Intriguingly, TRX has managed to maintain a positive alignment between the 50 and 200-day EMA post their golden crossover, a commendable achievement in 2023’s altcoin landscape.
Additionally, the TRON ecosystem is seeing a big increase in its Total Value Locked (TVL), which is now at $5.305 billion. That’s getting close to its all-time high of $6.8 billion, which shows that the platform is being used increasingly and securing more and more assets.
This surge in demand and the platform’s robust performance could potentially trigger a bullish TRON (TRX) market price spike.
Considering the TRX price shot up by the end of 2023, with a post-retest reversal, the TRX crypto can end the year at $0.11. However, an excessive selling spree can force the Tron prices to retest $0.049 and end the year at $0.0804.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 0.049 | 0.0745 | 0.11 |
If the TRON ecosystem continues to gain momentum in 2024, the TRX coin price is expected to reach the height of $0.11. On the downside, if the TRON ecosystem faces regulatory pressure and fails to gain momentum in the adoption race, the TRX price might slide down to $0.080. Therefore, traders can expect an average price of $0.095 for TRON in 2024.
Considering the growth of the Defi ecosystem, the TRX coin price is expected to boom. Investors can find the TRX coin price sustaining above the psychological barrier of $0.20 and create another swing high at $0.217.
In case of a bearish correction, the TRX prices might slide down to $0.076, making an average price of $0.1465.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.093 | 0.1765 | 0.26 |
2027 | 0.114 | 0.237 | 0.36 |
2028 | 0.234 | 0.337 | 0.44 |
2029 | 0.297 | 0.4435 | 0.59 |
2030 | 0.4167 | 0.57335 | 0.73 |
By 2026, the TRX coin price is expected to hit a high of $0.26, surpassing the next crucial psychological level of $0.15. In case of an economic slowdown, the TRX price is expected to make a low of $0.093, with an average of $0.1765.
With a potential recovery in 2027, the TRX price is expected to continue the bull run and retest the high of $0.36. On the flip side, the TRX crypto can bottom out at $0.114, with an average of $0.237.
With continued bullish momentum in 2028, the TRX price can form a range between $0.234 and $0.44, with an average price of $0.337.
Coming a step closer to its all-time high of $0.30 in 2029, the TRX price is expected to surpass the psychological barrier of $0.25. Creating a new swing high at $0.297, the TRX crypto might form a low at $0.22, with an average of $0.4435.
TRX coin price is expected to create a new all-time high of $0.73 in 2030. With a potential low of $0.4167, the crypto will have an average price of $0.57335.
The overall point of view for the TRX price prediction remains bullish as the TRON ecosystem is getting ahead in the adoption race. Moreover, the recovering price trend in 2023 projects bullish growth for TRX crypto in the coming years.
Based on Coinpedia’s TRON price forecast, the anticipated price of the TRON cryptocurrency could potentially peak at $0.011 this year. However, should bearish trends prevail, the value of TRON might plummet to a low of $0.049. Consequently, the expected average price stands at approximately $0.0745.
We expect the TRX coin price to reach the height of $0.11 by the end of 2023.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 0.049 | 0.0745 | 0.11 |
TRX Price Prediction | 2023 | 2024 | 2025 |
Trading Beasts | $0.10 | $0.10 | $0.116 |
SwapSpace | $0.038 | $0.078 | $0.0826 |
DigitalCoinPrice | $0.17 | $0.19 | $0.27 |
Long Forecast | $0.089 | $0.129 | $0.111 |
Historical Price Sentiments
Yes, Tron coin is a profitable investment, if considered for the long term.
The Ethereum ecosystem is currently facing a serious problem of huge gas fees. Therefore, addressing the issue, Tron blockchain claims to lower the transaction fees.
According to our TRX price prediction. The digital asset could possibly close its trade with a maximum price tag of $0.131 by the end of 2025.
TRX’s price could possibly hit its potential high of $0.084 by the end of 2023.
Considering you invested in TRON in January 2020, you would have made a 500% return. In simple terms, you would have made 5 times the profit on your investment. Therefore, the $100 invested in Tron in January 2020 will be worth $500 today.
At present, the analysis projects a potential high of $0.34 for the TRX coin price in 2030, however, with increased adoption and rising demands, it is possible for the TRON price to reach $1.
TRON’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken.