Curious about the future of TRON? Our technical analysis provides you with the latest TRON price prediction for 2025 and beyond. We study market trends and analyze sentiment to help you make informed decisions about investing in cryptocurrencies.
TRON Price Prediction
TRX traders use a wide range of trading signals and technical indicators to forecast the price. While not all methods are necessary for accurately forecasting market direction, some key indicators carry more weight. Identifying TRON support and resistance levels gives traders insight into the supply and demand in the market while helping to determine trend reversals. In addition, traders commonly use chart patterns to create trend lines that help predict the next movement of a candlestick.
Various indicators, such as RSI, moving averages, and MACD, can be used to determine the direction of the long-term trend and try to predict future price movement. Price action on the bearish side, the price has broken below the $0.2443 horizontal resistance area after earlier moving below. Such deviations are considered signs of bearishness. Despite this dive, TRX price remains 132.51% negative year-to-date.
RSI
The RSI offers additional insight into market dynamics by measuring the magnitude of TRON’s price movements to determine whether it is overvalued or undervalued. Market traders use the RSI as a momentum indicator to identify overbought or oversold conditions and decide whether to accumulate or sell an asset. Readings above 50 and an uptrend indicate that bulls continue to have the upper hand, while readings below 50 suggest the opposite.
According to the RSI, on the 1 week timeframe, TRON is currently showing a Bearish trend with an actual RSI reading of 0.00. The 50 line can act as resistance if the indicator returns to it.
Moving Averages
Moving averages are an important analytical tool that provides traders with a broader picture of what is happening on the charts by calculating the average closing price of TRON over a set period. The relationship between short-term and long-term moving averages is crucial for determining trend direction. When the short-term moving average moves above the long-term one, it is a sign that the trend is gradually turning bullish.
On the 1 week time frame, TRON is in a neutral trend since neither the bullish nor the bearish condition is met based on the 50-x and 200-x MA relationship with price.
Alternatively, the trend is neutral if the 50-day moving average has crossed above the 200-day moving average but price is below them (and vice versa).
- MACD
Finally, the MACD uses a simple moving average (SMA) and an exponential moving average (EMA) to make more accurate predictions about the trend. Similar to simple moving averages, the relationship between them is helpful in determining trend direction.
For all of these indicators, the weekly timeframe is used to determine the long-term trend, the daily timeframe is used for the intermediate trend, and the six-hour timeframe is used for the short-term trend.
According to the MACD, on the 1 week timeframe, TRON is currently in a Bearish trend since the MACD signal line moved below 50 periods ago and the histogram has been negative for 50 periods.
- TRON Price Live
TRON currently costs PLN 1 (TRX/PLN), and its market capitalization is PLN 86.17 billion. The 24-hour trading volume is PLN -1.32 billion, which is -1.58966% negative. With a circulating supply of 86.14 billion, the price of TRON is currently forecast to turn negative.
TRON Fundamental Analysis
Fundamental analysis aims to assess the inherent value of an asset, while technical analysis involves the study of statistical patterns in the price and volume of that asset. Both techniques are used to analyze and predict potential changes in the future price of an asset. In the case of TRX, the easiest way to conduct fundamental analysis is to look at the dynamics of supply and demand. Additionally, you can look at market capitalization ($86.17 billion) and circulating supply ($86.14 billion) to make reasonable price assumptions for the future. On the demand side, you can look at on-chain data related to the number of active and new addresses and the number of transactions.
What drives the price of TRON?
There are many variables in the cryptocurrency market that can affect the rise or fall of the price of TRON. The main force behind the value of TRON is the demand and supply in the market. Whether demand for TRX increases or decreases depends largely on growing adoption. Furthermore, major events such as protocol upgrades or hard forks can also have a significant impact on TRON’s price. Another major factor to consider is whale activity. Large TRON holders can greatly affect the price, as one large sell order can significantly lower it. In addition, the power of institutional adoption and political regulation on the value of TRON should never be underestimated.
It is important to note that some price predictions may seem contradictory. There is no definitive method for determining the future value of any cryptocurrency. This is because there are many factors involved in price forecasting. It’s not uncommon for a single announcement to significantly change the trajectory of a coin’s price at any given time. The entire market as a whole can affect the movement of one coin, as well as any updates to the project’s technology. Always do your own research before investing in any cryptocurrency.
