TRON (TRX) is currently trading at $0.2981, reflecting a 0.94% increase over the last 24 hours. Trading volumes have surged to $584.46 million, marking a notableTRON (TRX) is currently trading at $0.2981, reflecting a 0.94% increase over the last 24 hours. Trading volumes have surged to $584.46 million, marking a notable

TRON Price Alert: Bullish Momentum Could Push TRX to $0.53

TRON (TRX) is currently trading at $0.2981, reflecting a 0.94% increase over the last 24 hours. Trading volumes have surged to $584.46 million, marking a notable 13.75% uptick in daily activity. Over the past week, TRX has demonstrated consistent performance, with its price rising 2.53% to $0.2982.

Source: CoinMarketCap

Crypto analysts attribute this momentum to key technical developments, including the successful flip of the $0.285 level from resistance to support. This shift signals a bullish structural intent and suggests a positive outlook for longer-term price trends.

Traders Monitor Critical TRX Levels Closely

According to crypto analyst Umair Crypto, TRX’s recent performance confirms the significance of the $0.285 support level. “The flip through this level has been clean, and price consolidation above it remains constructive,” Umair stated. However, the analyst warns of a bearish divergence forming during the current consolidation phase.

Should this divergence materialize, TRX could experience a short-term corrective move toward the $0.288 area without disrupting the broader bullish structure. On the other hand, a breakthrough above the $0.30 resistance zone would invalidate the divergence and potentially pave the way for a high-volume retest of the $0.285 support level. Traders are closely monitoring these levels for signs of sustained bullish momentum.

Source: X

Also Read | Is TRON Still Bullish? TRX Weekly Analysis with $0.35 Price Target

TRON Price Prediction for 2026

According to DigitalCoinPrice, TRX could surpass $0.44, its previous all-time high, and ultimately approach the $0.53 mark by the end of the year. This growth is expected to occur gradually, with key milestones around $0.44 to $0.46 before reaching the upper target.

Investor sentiment remains positive, supported by both technical indicators and long-term market optimism. If current trends continue, TRX may establish a stronger foothold in the cryptocurrency market, reinforcing its reputation as a viable digital asset with substantial growth potential.

Also Read | TRON Surpasses 354M Accounts: Could It Push TRX Back Toward $0.288

Market Opportunity
Bullish Degen Logo
Bullish Degen Price(BULLISH)
$0.022
$0.022$0.022
+13.98%
USD
Bullish Degen (BULLISH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
New Cryptocurrency Features Coming to X (Twitter)! Here’s What You Absolutely Need to Know

New Cryptocurrency Features Coming to X (Twitter)! Here’s What You Absolutely Need to Know

The post New Cryptocurrency Features Coming to X (Twitter)! Here’s What You Absolutely Need to Know appeared on BitcoinEthereumNews.com. New Cryptocurrency Features
Share
BitcoinEthereumNews2026/01/12 04:34
REGENXBIO Highlights Key 2026 Catalysts and Announces Positive Long-Term Functional Outcomes in Lead Duchenne Gene Therapy Program

REGENXBIO Highlights Key 2026 Catalysts and Announces Positive Long-Term Functional Outcomes in Lead Duchenne Gene Therapy Program

New Phase I/II RGX-202 functional data demonstrates long-term, durable treatment effect at pivotal dose at 18 months  Robust patient enrollment in confirmatory
Share
AI Journal2026/01/12 04:30