Tron: major fee reduction led to a price prediction upgrade as TRX outperforms averages

Traders Union
All News
Crypto
Tron Rises 1.52% Today to $0.353

Highlights

Tron (TRX) trades at $0.353, up 1.52% intraday and above its 20-day, 50-day, and 200-day moving averages, signaling technical strength.
Network activity and large whale transactions surged after the August 29 gas fee cut, with record daily active addresses and ongoing Nasdaq and U.S. Department of Commerce developments bolstering adoption.
TRX is projected to consolidate between $0.3637 and $0.3805 over the next five days, with an 80%+ likelihood of further price increases barring a drop below $0.34.

Record network activity as gas fees drop and institutions join

Large-scale TRX transactions surged after a major fee reduction by Tron’s founder, with daily active addresses hitting record levels following the gas fee cut implemented on August 29 through Proposal #789. This expansion in network activity coincides with a sharp decline in daily revenue for block producers but supports TRX’s dominance in stablecoin transactions and strong engagement despite the earnings challenge. Additional drivers include significant whale accumulation, Nasdaq listing, and the U.S. Department of Commerce building on Tron’s blockchain, signaling institutional adoption and ecosystem credibility.

Mixed signals as overbought momentum meets firm trend support

The technical picture remains bullish, with TRX trading above all major moving averages and dynamic support identified near $0.3407 – $0.3393. Resistance lies around the psychological $0.36 level. Momentum indicators present a mixed view: the daily MACD signals negative momentum, while the strong ADX at 41 confirms a clear trend. Stoch RSI and CCI indicate overbought conditions, suggesting near-term exhaustion, but an RSI of 59 remains positive for buyers. Bull/Bear Power is neutral, and current volatility is moderate, with the session stronger near highs despite divergence in momentum and oscillators.

High probability of gains amid tight consolidation risk

Over the next five trading days, TRX is projected to fluctuate between $0.3637 and $0.3805, averaging around $0.3721. There is a very high likelihood — above 80% — of further price increases, while a downside move is less likely. The base scenario is for TRX to consolidate sideways within recent support and resistance. A breakout above $0.36 could see a move toward $0.38, but a drop below $0.34 would expose the asset to a deeper pullback.

Viktoras Karapetjanc, analyst at Traders Union, sees TRX maintaining bullish structure above key moving averages and dynamic support near $0.3393 — $0.3407, but notes momentum signals are mixed and overbought oscillators warrant caution. The base scenario remains consolidation below the psychological $0.36 level, with a strong probability — above 80% — of further gains unless $0.34 support fails. "As long as TRX holds above $0.34, I see room for cautious upside, but I prefer to avoid overexposure until we see structure above $0.36."

Previously it was noted that Decentralized Physical Infrastructure Networks (DePIN) built on blockchain are rapidly expanding, offering real-world services in telecommunications and cloud computing. Last time we reported that the project’s tokenomics caps total supply at 100 billion XPIN, with current distribution at 6 billion, and that XPIN users gain simultaneous access to telecommunications, cross-border transactions, and earning opportunities.

Source of Data: TRX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.