![]() However, if there is any bearish environment in the market the minimum price level of Tron can be around $0.34. The year can end with a maximum price of $0.53 if there is any bullish event. As per our price forecast, the price of Tron can hit an average price level of the $0.41 mark by 2024. There are strong possibilities that Tron can get again its position if there is a positive environment in the market. In the next bull rally, the prices of Tron may surge more than our long-term price prediction. And if there is any bearish trend the minimum price of a Tron can be down up to $0.082. However, the average price of Tron can be around $0.15 if current growth continues. As per our Tron token price prediction, it can reach a maximum price level of $0.32 by 2023. Tron has great potential if you’re going to hold it for the long term. Tron (TRX) Price Prediction 2023Īs all cryptos are down in 2023, Tron’s performance can be slow this year. There are strong possibilities that the next bull run may help Tron to recover some value in 2023. As all cryptos are showing bearish growth in 2023, Tron’s performance has been also affected negatively. Since then Tron has been showing a bearish performance.Īs per our analysis, the prices of Tron will continue to grow in the next 10 years by surpassing $2 in 2030. ![]() Tron prices rallied to an all-time high (ATH) of $0.3 in January 2018. TRX Token gave a great return to its initial investors in 2018 when it hits a new ATH level. Since its launch date, Tron has shown extensive growth in the crypto market. Tron is an established crypto project in the market that has 1 million plus holders. With listings on popular exchanges and the response from the investors, Tron looks strong. As we found through CoinMarketCap, Tron is listed in premium exchanges like Binance and Kraken. The real use cases of the Tron blockchain make TRX Coin a promising project in the long term. Tron has also acquired BitTorrent in 2018. The Tron project is a decentralized platform that is focused on content sharing and entertainment.Īs one of the growing blockchain projects, Tron is working on many initiatives. This ROI is absolutely worth investing in the crypto market. Since its ICO launched the overall ROI of the Tron Coin is around 900%. Here we will try to analyze the potential of Tron (TRX) in the long term.Īs data was gathered from the coin tracking websites, TRX is one of the most popular cryptocurrencies in the market. Tron is a top-20 crypto project by market cap. Our price forecast is based on a deep technical analysis and the past performance of the TRX coin. Investing in or trading crypto assets comes with a risk of financial loss.If you’re looking for the Tron Price Prediction or finding the potential of TRX Coin, this price forecast can be helpful for you. The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. At this point of time, there are no clear signs in the price as it has been consolidating for too long. The price action as well as the market structure of TRX is bullish, but investors should wait for better confirmation before entering the markets. If the bulls have pushed the price upward through the resistance, it is possible for the price to stay on the upper band. The price has reached the upper band of the bollinger. In 4 hours the ADX has absorbed the current price action as +DI has reached above the -DI with ADX of 6.26, which is low as price reaches primary resistance. The ADX is gradually increasing for the price and would reach higher if we are able to break the $0.065 level. The price might be bullish but the -DI is currently above the +DI with an ADX of 22.72 on the daily basis. Since the beginning of April, the price has been consolidating between the price range of $0.065 and $0.067. ![]() The price is consolidating on the 4 hour and has not shown any confirmation for any bearish or bullish move. On a 4 hour basis, the RSI curve crossed the median line with a strength of 56.17. The RSI curve crossed the median line positively indicating bullish sentiment in the market. The price took support at $0.06500 level to again retest the $0.0672 level. The RSI curve is currently at 53.78 on a daily basis as bulls started to push prices up.
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