TRX news live: tight trading range forecast with 80% chance of further price upside

TRX news live: tight trading range forecast with 80% chance of further price upside
Tron Slips 0.46% Today to $0.35

Tron (TRX) is trading at $0.3482, slipping 0.46% on the day after a steady open near the previous close. The asset sits above its MA-20 ($0.3393), MA-50 ($0.3417), and MA-200 ($0.2821), confirming bullish structures across all major timeframes.

TRX price prediction
24H 0.54%
$0.3337
48H 0.84%
$0.3347
7D 4.58%
$0.3471
1M -11.63%
$0.2933
3M 16.57%
$0.3869
6M 6.66%
$0.354
12M 15.13%
$0.3821
Current price: $ 0.3319 0.002 0.61%
Real-time Data 07:58
Daily range 0.331 Arrow from to Icon 0.3342
Weekly range 0.3167 Arrow from to Icon 0.3341
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Highlights

  • TRON (TRX) trades at $0.3482, down 0.46%, and remains bullish above its MA-20 ($0.3393), MA-50 ($0.3417), and MA-200 ($0.2821).
  • TRON has slashed blockchain transaction fees by 60%, achieving the lowest gas costs since 2021 to boost user activity and USDT transaction competitiveness.
  • TRX is projected to consolidate between $0.3467 and $0.3542 with over 80% probability of price appreciation, barring a close below Ichimoku support at $0.3332.

Transaction fee cuts fuel user growth amid USDT demand and regulatory pressures

TRON slashed blockchain transaction fees by 60%, lowering gas costs to the lowest level since 2021 in an effort to boost user activity and counter the rising expense of TRX transfers. This strategic move aims to strengthen USDT transaction competitiveness and support the rapid growth of real-world payment applications such as retail and DApps. The network's consistently high USDT transfer volumes, growing active addresses, and a surge in average block size signal expanding on-chain utility, highlighting its importance for global remittances and commerce. Stable Total Value Locked and lower fees than Ethereum reinforce the asset's appeal, even as regulatory scrutiny remains a backdrop.

Mixed momentum signals as TRX trades above supports with shrinking volatility

Technically, TRX maintains its bullish trend above all key moving averages, with the Ichimoku Kijun at $0.3332 providing dynamic support and immediate resistance near the MA-50. Momentum signals are mixed: ADX at 36.6 reflects some trend strength, but the MACD highlights strong selling pressure. The RSI (57.7) and CCI (96.8) show buyers remain active, though the Stochastic RSI points to overbought conditions — a warning for possible pullback. The price now trades mid-range between today's high ($0.3516) and low ($0.3478), with low volatility and mild selling pressure after the open.

Sideways consolidation likely as bullish breakout risks counter limited downside

Over the next five days, TRX is expected to fluctuate between $0.3467 and $0.3542, averaging near $0.3505. There is a strong probability (over 80%) for further price appreciation, while the likelihood of decline remains low. The primary scenario sees TRX consolidating in a tight sideways band at current levels, but a bullish breakout above $0.3517 could extend gains to the $0.3542 region. If the price closes below Ichimoku support at $0.3332, a deeper correction toward the lower weekly range may unfold.

Viktoras Karapetjanc, analyst at Traders Union, sees TRX maintaining a broadly bullish structure above key moving averages with realistic upside potential, but notes mixed momentum and overbought signals suggest caution. He believes the base case is tight consolidation between $0.3467 and $0.3542, as long as support at $0.3332 holds — only a close below this level would open the door to deeper correction. "While broader fundamentals and range trading signal stability, I’m focusing on capital protection and will only consider breakout trades with confirmed strength above $0.3517 — until then, I remain patient and defensive."

Last time we reported that Decentralized Physical Infrastructure Networks (DePIN) built on blockchain are rapidly expanding and offering users new real-world services. The project XPIN Network was highlighted for its ability to provide 4G–5G communication services across 149 countries through eSIM activation and its integration with AI-powered solutions.

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.
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