As the broader market recovers, Tron is preparing for a significant breakout rally. Currently trading at $0.25, TRX is down 1.43% in the past 24 hours
After months of consolidation, the recent price analysis shows increased bullish potential in TRX. Could breakout momentum push TRX towards $0.45?
Tron (TRX) Price Analysis
On the daily chart, the Tron price action shows a significant bullish pullback while testing the $0.25 level. This level is around the top of the consolidation zone that has been formed since February, with the base of the zone around $0.21.
Tron has completed a long correction phase and is attempting a strong breakout above the key resistance level of $0.25; a move above this level could convert former resistance into fresh support. This classic breakout setup is an indication of significant upside momentum.
The bullish structure is intact as long as the price is above the support level of $0.21; holding this level is essential for future gains, also limiting the downside risk.
During the past week, the price has significantly increased from $0.22 to $0.25, which indicates an increase of 13%. Continuous bullish candles show growing interest from the buyers in the past week.
The price is trading above all EMAs, with the 20-day EMA crossing above the 50-day EMA in early April, forming a golden cross. The 100- and 200-day EMAs at $0.23 and $0.21, respectively, are both trending upward, providing strong support for the current price movement.
The MACD indicator values show positive momentum with the MACD line at 0.002143, the signal line at 0.002464, and a histogram value of 0.004607. The recent convergence of these lines with increasing histogram values indicates strengthening bullish momentum.
The MACD crossed above the zero line in early April, confirming the shift from bearish to bullish sentiment.
TRX Price Targets
A breakout from the consolidation zone could face resistance at $0.266. If the price breaks above this level, the uptrend could target a price of $0.35.
On the downside, support at $0.21 will likely hold, making a bearish reversal less likely to happen.
Stablecoins on TRON: Emission Surge & New Record
Over the last 6 months, Tron has been regularly clocking in 7M – 9M daily transactions. That’s not just healthy; it remains one of the more active networks in terms of transaction throughput.
Over the last 6 months, Tron has been regularly clocking in 7M–9M daily transactions.
That’s not just healthy — it remains one of the more active networks in terms of transaction throughput. pic.twitter.com/nGDdoXgA6X
— Nansen 🧭 (@nansen_ai) April 14, 2025
In the past 60 days, TRON has unleashed six $1 billion USDT batches. That’s a whopping total of $6 billion, pushing the overall USDT supply on TRON to a historic $65.7 billion. This surge hints at a revival in the stablecoin scene after a quiet spell.
Tron Founder Justin Sun Claims All-Time Record High for TRX Price
Tron (TRX) founder Justin Sun, one of the most controversial names in the cryptocurrency world, made bold predictions in his statements today.
In his message shared on X, Sun claimed that TRX’s market value will reach an all-time high in the second quarter of the year, that is, in the current months.
The market cap of TRX, USDT on Tron, and USDD on Tron will all hit all-time highs in Q2. Mark my words!
— H.E. Justin Sun 🍌 (@justinsuntron) April 13, 2025
In addition, Sun also argued that the total market value of USDT and USDD on the Tron network will rise to an all-time high this quarter.
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