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Tron Price Prediction 2024–2030: Will Tron reach $10?

Key Takeaways:

  • Our Tron price predictions anticipate a high of $0.1896 by the end of 2024.
  • In 2027, TRX will range between $0.5494 and $0.6118, with an average price of $0.5639.
  • In 2030, TRX will range between $1.62 and $1.95, with an average price of $1.66.

In retrospect, Tron (TRX) has performed better than most mega-altcoins. The coin has consistently registered higher highs over the last 365 days, rising by 76%. Over the long term, TRX is set to trend higher.

TRX is the native token of the Tron network used to govern and settle transaction fees. You can purchase TRX on Binance, Bybit, OKX, Kraken, and KuCoin. It is also listed on decentralized exchanges like Uniswap V2 and PancakeSwap V2 (BSC).

Is TRX a good investment? Will it go up? Where will it be in three years? Our Cryptopolitan Price Prediction answers these questions and more.

Overview

CryptocurrencyTron
TickerTRX
Current price$0.1566
Market cap$13,546,728,975
Trading volume$235,185,373
Circulating supply86,621,564,791 TRX
All-time low$0.001091 on Sep 15, 2017
All-time high$0.3004 on Jan 5, 2018
24-hour low$0.1564
24-hour high$0.1545

Tron price prediction: Technical analysis

MetricValue
Volatility (30-day variation)10.74%
50-day SMA$ 0.138395
200-day SMA$ 0.127315
SentimentBullish
Fear and greed index26 (Fear)
Green days20/30 (67%)

Tron price analysis: Coin value revives up to $0.1566

TL;DR Breakdown

  • Tron price analysis confirms an upward trend at $0.1566.
  • Coin value has gained up to 1.34% of boost during the day.
  • TRX prices are seeking support around the $0.1564 border.

On September 29, 2024, Tron’s price analysis revealed a bullish trend for the cryptocurrency. Coin value has increased up to $0.1566 in the last 24 hours. The continual ascent has also led to an overall recovery of 1.34%. This creates a favorable scenario for investors, as the bulls have been ruling the market for the past two days.

TRX/USD 1-day chart analysis

The 1-day price chart of Tron coin confirmed an increasing trend for the cryptocurrency. Coin value has sought a bullish recovery above the $0.1566 marker in the past 24 hours. Side by side, the overall market sentiment also remains in favor of the bulls. However, considering the increasing volatility, the market events have a high chance of reversal.

The gap between the Bollinger bands determines market volatility. As this gap is expanding, this refers to a rise in volatility levels. Moreover, the upper limit of the Bollinger bands indicator, acting as the support band, has moved to $0.1564. The lower limit of the Bollinger bands indicator, serving as yet another support band, has shifted to $0.1468.

TRX/USD price chart. Image source: TradingView

The Relative Strength Index (RSI) indicator is close to the overbought market. Its overall value has increased to 61.80, considering the constant upswing since the past few weeks. This increasing movement confirms a bullish trend and, therefore, a positive market sentiment. The ascending curve on the RSI graph signifies intensifying buying activity for the day.

TRX/USD 4-hour chart analysis

The four-hour price analysis of the Tron coin revealed an upward trend for the currency. Coin value has advanced to a high of $0.1566 in the past four hours. The green candlesticks on the four-hour price chart mark an upward swing. Considering the upturn, the coin value has surpassed its average value.

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The area between the Bollinger bands is converging, leading to declining volatility. This decline refers to lower market unpredictability. Moreover, the upper limit of the Bollinger Bands indicator, serving as the resistance band, has moved to $0.1569. Meanwhile, the lower limit of the Bollinger bands indicator, acting as support, has shifted to $0.1527.

TRX/USD price chart. Image source: TradingView

The RSI indicator is situated close to the overbought limit. Its value has spiked up to 66.21 amidst the growing bullish momentum. The rising curve on the RSI graph signifies a strong turnover and a buying influx. If the current trend continues, the market can enter a prolonged period of stability. 

TRX technical indicators: Levels and actions

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3 0.141594BUY
SMA 5 0.147554BUY
SMA 10 0.153418SELL
SMA 21 0.148532BUY
SMA 50 0.138395BUY
SMA 100 0.12965BUY
SMA 200 0.127315BUY

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 3 0.151689SELL
EMA 5 0.146953BUY
EMA 10 0.140468BUY
EMA 21 0.135498BUY
EMA 50 0.131578BUY
EMA 100 0.127874BUY
EMA 200 0.122253BUY

Is TRX a good investment

TRX is a coin with utility that continues to trade higher, indicating growing adoption among crypto investors. Despite this, the coin remains a victim of uncertainties and volatility. Our Cryptopolitan price prediction explores its expected movements from 2024 to 2030.

What can we expect from Tron price analysis next?

Tron price analysis for the day gives out a highly bullish prediction regarding the ongoing market events. Coin value has hiked up to $0.1566 during the day considering the rising bullish momentum. Moreover, overall, the currency has received up to 1.34% of a boost in the past 24 hours. This creates favorable circumstances for the investors regarding future price increases. Technical indicators are giving out a positive signal, whereas the price charts continue to favor the bulls as well.

Why is Tron up?

Tron is bullish this week. However, Tron reached its all-time high Total Value Locked (TVL) of $10 billion this year, and the TRX price is well above its all-time high. However, this month, the blockchain is one of the currencies most affected by the bullish cloud.

Will Tron reach $0.5?

Yes, Tron should rise above $0.5 in 2027. During that period, its price will range between $0.4581 and $0.5714.

Will Tron reach $1?

Yes, Tron should rise above $1 in 2029. During that period, its price will range between $0.9668 and $1.17.

Will Tron reach $10?

Per the Cryptopolitan price prediction, Tron will unlikely reach $10 before 2030.

Does Tron have a good long-term future?

According to Cryptopolitan price predictions, Tron is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news/ opinion on Tron

  • The Founder of Tron, Justin Sun, blasted Coinbase’s freshly released cbBTC, claiming it is the start of a dark era for the original cryptocurrency.
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  • Tron announced that HackaTRON season 7 submissions will end on October 8, while the winners will be announced on November 13. Those who qualify will get their projects live on mainnet by December 3, 2024.

Tron price prediction September 2024

A break of resistance will result in a mini bull run, with the next target at $0.1734. This month, SNX will average at $0.1524 and drop to $0.1315 at its lowest.

MonthPotential low ($)Potential average ($)Potential high ($)
September0.13150.15240.1734

Tron price prediction 2024

The technical indicators are bullish on TRX in the second half of 2024. It is anticipated to trade between $0.1656 and $0.1896, with an average price of $0.1718.

YearPotential low ($)Potential average ($)Potential high ($)
20240.16560.17180.1896

Tron price prediction 2025-2030

YearPotential low ($)Potential average ($)Potential high ($)
2025$0.2386$0.2472$0.2877
2026$0.3527$0.3626$0.4253
2027$0.5494$0.5639$0.6118
2028$0.7580$0.7806$0.9452
2029$1.15$1.18$1.32
2030$1.62$1.66$1.95

Tron price prediction 2025

The Tron price forecast for 2025 sets the high at $0.2877. The lowest price for the year will be $0.2386, and the average price will be $0.2472.

Tron price prediction 2026

It will experience more bullish momentum in 2026. According to the predictions, it will range between $0.3527 and $0.4253, with an average price of $0.3626.

Tron price prediction 2027

The TRX prediction climbs even higher into 2027; according to the prediction, it will range between $0.5494 and $0.6118, with an average price of $0.5639.

Tron price prediction 2028

The analysis suggests a further acceleration in TRX’s growth by 2028. According to the Tron price prediction, the price of Tron will range between a minimum price of $0.7580 and a maximum price of $0.9452. The average price for the year will be $0.7806.

Tron price prediction 2029

According to the Tron forecast 2029, the TRX price will reach a maximum and minimum of $1.32 and $1.15, respectively, with a year-round average of $1.18.

Tron price prediction 2030

The TRX price prediction for 2030 indicates a price range of $1.62 and $1.95 and an average price of $1.66.

Tron market price prediction: Analysts TRX price forecast

Platform202420252026
Digitalcoinprice$0.28$0.33$0.46
Changelly$0.12$0.23$0.33
Gate.io$0.14$0.14$0.16

Cryptopolitan’s Tron price prediction

At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.1896 in the second half of 2024. In 2025, it will range between $0.2386 and $0.2877, with an average of $0.2472. Note the predictions are not investment advice. Seek independent professional consultation or do your own research.

Tron historic price sentiment

  • Jutin Sun founded Tron in 2017.
  • The Tron Foundation raised $70 million from an initial coin offering (ICO) the same year.
  • In January 2018, TRX reached its all-time high of $0.3004, and a month later, it reversed to levels below $0.05.
  • The Tron mainnet launched in May 2018. A month later, they migrated TRX from Ethereum to Tron. The news pushed it to a high of $0.09.
  • TRX consistently traded below $0.05 until the last quarter of 2020, when it began rising.
  • In 2021, it reached a high of $0.16. Tron was also reorganized as a DAO as Justin stepped down as CEO of Tron Foundation.
  • TRX was in a bear trend for the best part of 2022. 
  • In 2023, TRX maintained a consistent bull run, rising from a low of $0.05.
  • In March  2023, the SEC sued Justin for allegedly selling unregistered securities and promoting Tron and Bittorent tokens.
  • In February 2024, Circle announced the cessation of USDC stablecoin on the Tron ecosystem. This news forced TRX to correct from the year’s high of $0.1429.
  • TRX maintained its price above $0.1234 till the middle of May but stepped down to $0.1113 by the end of the month.
  • Tron’s price started to improve by June, and in July, it reached $0.1398.
  • By the end of July 2024, TRX’s value started to decrease again, and on August 5, it came down near $0.1213. Following a brief recovery, the token is trading near $0.1511 in September.

FAQs

Is Tron a good investment?

Yes, Tron is a profitable long-term investment.

Where can I buy Tron?

You can buy Tron on  Huobi global, Kucoin, and Binance.

Can Tron be mined?

You can earn TRX by staking your coins and making an annual yield. For further reading on TRX mining, see our comprehensive guide: cryptopolitan.com/how-to-mine-tron/

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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