Tron declines 1.13% after strong DeFi activity fuels bullish price prediction

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Tron Slips 1.13% Today to $0.35

Highlights

Tron (TRX) trades at $0.3488, down 1.13% on the session, but maintains a bullish structure above its MA-20, MA-50, and MA-200 moving averages.
TRX led blockchain revenue with a record $1.42 million in 24 hours, outpacing Ethereum and Solana as robust on-chain activity and DeFi expansion drive network utility.
Technical indicators show mixed momentum for TRX, with strong trend (ADX 37.87), some overbought signals, and probable price range of $0.3597–$0.3766 into next week barring a break below $0.3332.

Network revenue surge and USDT flows drive ecosystem momentum

TRX recently led blockchain revenue generation with a record $1.42 million earned over a 24-hour period, outpacing networks like Ethereum and Solana and highlighting strong on-chain activity. Robust transaction volume driven by USDT settlement, ongoing network scalability with over 2,000 TPS, and more than 3,000 DApps continue to reinforce ecosystem strength. Strategic collaborations with major partners and growth in DeFi tools further support adoption and network activity. These developments have underpinned solid fee income and rising utility for the network.

Mixed momentum signals as bullish structure meets resistance boundaries

Technical analysis shows TRX trading above all key moving averages, confirming a bullish structure across timeframes. The Ichimoku Kijun at $0.3332 acts as the closest dynamic support, while the MA-50 at $0.3412 serves as the nearest resistance. Momentum indicators are mixed — the ADX stands firm at 37.87, flagging trend strength, but the MACD points to bearish momentum. Oscillators like RSI (55.89) are mildly bullish, yet Stoch RSI and CCI indicate overbought conditions and possible exhaustion, with the Awesome Oscillator confirming intraday selling pressure and BBP signaling neutral balance between buyers and sellers.

High probability of sideways action as resistance and support converge

Next week, TRX is likely to fluctuate between $0.3597 and $0.3766, with more than 80% probability favoring price appreciation and a much lower chance of a decline. The baseline expectation is for the price to move sideways within this established range. If bulls push a decisive break above $0.3512, further gains up to the weekly high near $0.3766 are possible. In contrast, a drop below Kijun support at $0.3332 could accelerate selling pressure and test medium-term supports.

Viktoras Karapetjanc, expert at Traders Union, sees TRX maintaining its bullish structure across all timeframes, supported by strong network metrics and robust fee generation. He believes the technical setup favors sideways to higher movement within the $0.3597–$0.3766 range, as long as dynamic support at $0.3332 holds, but remains cautious given mixed momentum signals and signs of overbought exhaustion. "Until we see a decisive break above $0.3512, I remain neutral and focused on capital protection, watching for either a confirmed upside extension or a breakdown below key support before taking action."

Previously it was noted that Decentralized Physical Infrastructure Networks built on blockchain are expanding, offering services including telecommunications and cloud computing. Last time we reported that XPIN was listed on major exchanges, reaching a wide global telecom user base.

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.