Join Our Telegram channel to stay up to date on breaking news coverage
TRON (TRX) is trading at $0.2566, showing signs of renewed strength after recovering from recent lows. Momentum is building as buyers push the price closer to key resistance levels, with market sentiment leaning bullish. Will this upward move be enough to drive TRX toward the critical $0.3000 mark? Would there be a calm?
TRX Key Statistics
- Current Price: $0.2566
- Market Cap: $24 billion
- Trading Volume (24h): $734 million
- Circulating Supply: 94.9 billion TRX
- Total Supply: 94.9 billion TRX
- CoinMarketCap Ranking: #8
When measured from its recent lows, TRX has surged by 21.23% and 15.78%, indicating a strong rebound and upward momentum. This suggests that TRON has bounced back from its lows and is currently trading with a positive bias.
TRX/USD Market
Key Levels
- Resistance: $0.2630, $0.2780, $0.3000
- Support: $0.2394, $0.2270, $0.2120
TRXUSD has been performing impressively not just recently but consistently over time, even when we zoom out and examine the broader historical picture. The daily chart reveals a disciplined uptrend that has respected structure while gradually climbing. Price action remains comfortably above the midline of the Keltner Channel, suggesting steady bullish control. If this upward pressure continues, TRXUSD may aim for resistance at $0.2630, followed by $0.2780, and with enough volume, a push toward the $0.3000 mark could come into play. The RSI flirting with the 70-level hints at strong momentum, yet it also warns of a potential cooling if bulls don’t maintain their pace.
Should the rally pause or retrace, the market could seek support at $0.2394, $0.2270, and $0.2120, each aligning with previous consolidation zones and the lower Keltner boundary. Historically, TRX has shown resilience in similar conditions, often bouncing from these zones with vigor. If bulls can secure a close above $0.2630, the momentum may awaken fresh optimism among traders. On the flip side, any break below $0.2270 could invite short-term caution. With the RSI reaching 68.05 and the price near the upper band, the coming days may be decisive—but history suggests that TRXUSD knows how to hold its ground.
Can TRON (TRX) Reach the $0.3000 Milestone? A Momentum-Fueled Possibility and Probability
TRON (TRX) has been climbing with steady intent, drawing attention from traders who see promise in its recent strength. The price action reflects a market that is warming up, yet not overheated—suggesting that a potential move toward the $0.3000 psychological level might be within reach, though not guaranteed. Whether TRX can gather enough momentum to break through depends on how the coming sessions unfold. The market remains cautious, and while the pace is encouraging, it’s still a matter of “if” rather than “when.” The road ahead is open, but not without its twists.
In another similar point of view a popular analyst Alex Meurer shared on X that TRX is holding up well, even as many altcoins have dropped to new lows. He pointed out that TRX is maintaining support around the $0.2 level and indicated that, if the market momentum stays positive, the token might reach the $0.35 to $0.4 range in the coming weeks.
$TRX is holding up really well.
Many alts made a new low, but TRX is holding a $0.2 level.
If the market momentum remains positive, TRX could hit $0.35-$0.4 in the coming weeks. pic.twitter.com/iEsDK2cy3d
— AMCrypto (@AMCryptoAlex) April 14, 2025
On the fundamentals side, TRON continues to build a compelling case. Its dominance in stablecoin activity, particularly USDT transfers, highlights a strong and engaged user base. The ecosystem boasts a high total value locked, which hints at deep liquidity and network utility. Meanwhile, ongoing developments in DeFi, NFT infrastructure, and strategic partnerships offer potential catalysts. Yet, broader market conditions and investor sentiment will also play key roles. If these fundamentals continue to align, TRX may find itself with a clear path—but as always in crypto, certainty remains elusive.
TRX/BTC Performance Insight
The TRXBTC daily chart shows a steady upward trend since early February 2025, supported by higher lows and consistent interaction with the upper Keltner Channel band, suggesting bullish momentum. TRXBTC is currently trading at 0.00000302, slightly below the upper KC band at 0.00000316, indicating mild resistance. The RSI at 58.99 remains below overbought territory, reflecting room for further upside without signaling exhaustion. Notably, previous bullish and bearish divergences on the RSI have aligned well with local price reversals, and the current RSI trajectory suggests continued strength unless momentum weakens.
Fueling this bullish performance, Crypto Patel shared on X several reasons behind the bullish outlook on TRX. He pointed to investment from Trump-backed World Liberty Financial as a major catalyst. He also highlighted Justin Sun’s active role in building and promoting TRON’s global adoption. According to him, the project’s ambitious vision supports the belief that reaching $2 isn’t just a dream.
🚨 #TRON is already up 180% from our entry — and I’m still not done.
This bull run, my target for $TRX is $1… and anything above $1 is pure bonus. 🔥
Why so bullish?
▪️ Trump's-backed World Liberty Financial is investing in TRON
▪️ Justin Sun is active, building, and pushing… https://t.co/b5C1ZQxPrg pic.twitter.com/HpQfNeq6vD— Crypto Patel (@CryptoPatel) April 13, 2025
Alternatives to TRX
TRON continues to strengthen its position in the crypto space, with a notable lead in stablecoin transactions—especially USDT—demonstrating high user engagement and robust activity. Building on this momentum, Best Wallet emerges as a versatile multi-chain platform that supports TRX alongside a wide range of other assets. It offers secure digital asset management, seamless transactions, and a built-in DEX aggregator. With added features such as fiat conversion and compatibility with leading payment systems, it caters to both newcomers and experienced users.
The platform Is powered by its native token, $BEST, which provides a cost-effective alternative to TRX. Token holders enjoy reduced transaction fees, governance participation, and access to high-yield staking opportunities. Additionally, $BEST enables cross-chain functionality across multiple decentralized exchanges, further expanding its utility within the DeFi ecosystem.
Best Wallet Utility Coin to Launch Soon
With nearly $12 million raised during its presale, $BEST is quickly gaining traction as a promising player in the crypto arena. Best Wallet is now available for download, offering users a secure and flexible gateway for storing TRX and other digital assets while exploring the growing landscape of decentralized finance.
Related News
- Tron Price Prediction: TRX Jumps 4% As Founder Justin Sun Hints On Integration With Solana, While Traders Buy This Crypto Index With Time Running Out
-
Aergo Price Prediction: AERGO Surges 24% As The Best Wallet Presale Charges Towards $12 Million
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
