TRON is a decentralized blockchain network focused on content distribution, gaming, identity management, and DeFi services. This TRX piece prediction will consider the blockchain’s fundamentals, tokenomics, key on-chain metrics, and TRX’s technical analysis. Is TRX a good investment option in the short and long term? Let’s take a look.
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- TRON price forecast and the related fundamental analysis
- Tron’s DeFi outlook
- TRON price forecast and tokenomics
- Key TRON metrics
- TRX price prediction and technical analysis
- TRON (TRX) price prediction 2023
- TRON (TRX) price prediction 2025
- TRON (TRX) price prediction 2030
- TRON (TRX’s) long-term price prediction (up to 2035)
- Is the TRX price prediction model accurate?
- Frequently asked questions
TRON price forecast and the related fundamental analysis
The Tron ecosystem is the brainchild of Justin Sun — one of the more active yet controversial names in the crypto space. Tron Foundation manages the Tron Network. Both entities were founded in 2017.
Here is what TRON looks like in terms of use cases and uniqueness:
- TRON — the blockchain — supports DApps, smart contracts, and development activity to make content distribution seamless, creator-focussed, and decentralized.
- The ecosystem can support multiple DeFi protocols and is currently only behind the DeFi OG Ethereum in regards to Total Value Locked.
- TRON boasts excellent scalability and supports close to 2,000 transactions per second.
- Its native crypto TRX is meant for paying transaction fees, staking, and governance.
Note: TRON even launched its native stablecoin USDD in 2022. However, the interest in it has dampened post the Terra-UST crash.
Overall, TRON focuses on decentralizing the web by being the new-gen Internet for users. Also, here is the overall market performance of TRX, which is currently listed on 130+ exchanges.
Tron’s DeFi outlook
Data released by TronDAO revealed interesting figures in regard to TRON’s TVL.
If we head over the Defillama, the current TVL standing for TRON is $5.29 billion, which is up 3.17% month-on-month. JustLend — a lending protocol — holds the most weightage among TRON’s 16 DeFi protocols.
With just 16 protocols, TRON’s DeFi supremacy is spectacular. For anyone eyeing TRX as an investment option, continued DeFi growth is a key driver.
TRON price forecast and tokenomics
Even though TRON began as a platform for content creators, it has rapidly evolved into something bigger. Still, the supply cap of 100 billion coins remains, and currency almost 91.5% of that makes the circulating supply.
However, there was some criticism concerning the initial distribution, with almost 45% of the initial supply earmarked for the founders and the project itself. Only 55% went to investors. Yet, TRON has been trying to quell these apprehensions by adopting an aggressive coin-burning approach to keep the supply in line with the demand.
Here is a chart showing how rapidly the coin-burning activities increased over the past week or so.
However, we are still far from the mid-2022 highs if we look at the yearly coin-burning trend. If the burning activity increases, we might see some more price-specific robustness in the short term.
Key TRON metrics
Let us start with the transaction trend. Notice how the overall transactions, smart contract-based transactions, and even TRX transfers peaked towards the end of December 2022. That is when the prices started showing strength.
The transactions are down almost 30% from the December highs at press time. This decline could lead to a short-term consolidation at TRON’s counter.
Let’s turn to the performance of TRON DApps and games over the past seven days (as of Feb. 25, 2023). The most prominent, such as SunSwap, Bridgers, and HunnyPlay, have seen drops in the UAWs (Unique Active Wallets). However, the monthly UAW count for Bridgers and SunSwap is still positive, showing no imminent, worrying signs for the network.
BIC metrics
Our in-house evaluation metrics put TRX’s liquidity score at a decent 67.924 as of Feb. 24, 2023. This shows that TRX is very much tradeable across multiple exchanges. Now let’s move to the monthly chart showing the market cap and trading volume.
Even though the prices have peaked, the trading volume is still significantly lower than what it was on Feb. 10, 2023. And a drop in trading volume might signify slowed-down trading activities.
Although the metrics look positive for the long-term TRON price forecast levels, there might be some incoming consolidation.
TRX price prediction and technical analysis
Let us start with a short-term technical analysis of TRX. Notice how the price of TRX breached the upper trendline of an ascending channel pattern. It even failed to break past the immediate resistance of $0.074. Also, the price action has been making higher highs as opposed to the RSI, hinting at a clear bearish divergence.
Hence, we might see the price correcting a bit in the short term, with $0.06 being a crucial support level.
Let us now move to the weekly chart to locate the broader crypto market patterns.
Pattern identification
On the weekly TRX-USDT chart, a clear pattern is visible. Notice how the left side of the chart is symmetrical with the right side. We start with highs, reach a peak, and then start seeing lower highs.
Notice that the chart’s extreme right has a slope similar to the extreme left, validating the supposed near-term conclusion of this pattern and the start of a new one. We have encircled the areas for your reference.
Also, notice that a bullish RSI divergence is in the works, showing that a new pattern might soon start, or TRX might chart a few new highs to have as many points on the right side of the chart as the left.
Let us locate all the crucial highs and lows on the chart to help us predict the next TRON price forecast levels.
Price changes
Considering that the right side of the chart will continue progressing as B1, M1, and A1, we shall now locate the price changes across two paths: E to A and E to N1.
This will help us locate the next TRX price forecast levels.
Now using the negative and non-negative column values, we can find out the average price percentage change between the next high-to-low and low-to-high movements.
We won’t take out the average distance as the timeframe might vary depending on the broader crypto market sentiments, developments at TRON, and even the macroeconomic factors.
Yet, here are some reference points based on the data from the tables above:
High-to-low distance range can be 49 days to 196 days.
Low-to-high distance range can be 14 days to 287 days.
High-to-low: -69.65% (might drop to a low of 51.32% during strong market conditions).
Low-to-high: 216.06% (might increase by 81.36% during weak market conditions).
Now let us locate the TRON (TRX) price prediction levels.
TRON (TRX) price prediction 2023
Outlook: Neutral to Moderately bullish
Our short-term technical analysis shows TRX has a chance at a quick consolidation. Therefore, from the last low N1, we can expect the price only to go as high as 81.36% — the lowest hike value from the tables above.
The timeframe can be anywhere between 14 days and 287 days — 150 days approximately. Hence, the next high could be at $0.08198 by April 2023.
We can mark this level as B1. The next low, or M1, could respect the lowest drop percentage of 51.32%, as the positive weekly RSI divergence might stall the price of TRX to drop lower than a certain level. This puts the minimum price of TRX in 2023 at $0.0395.
Projected ROI from the current level: 17%
TRON (TRX) price prediction 2025
Outlook: Bullish
The last low, or $0.0395, could be M1. From this level, we expect the price of TRX to move up 216.06% (previously calculated average), as by 2024, the broader crypto market is expected to show signs of bullishness.
However, the move can take 287 days (max distance) to materialize. This puts the TRON (TRX) price prediction for 2024 at $0.125. We can mark this A1.
Notice that by now, the pattern will be complete. Also, A1 existing above B1 would also put the price of TRX in an uptrend. Hence, the next low, from A1, could again end up dropping 51.32% instead of the average of 69.65%.
Therefore, the next low for TRX could surface at $0.060. This point could be X and mark the start of a new “high-peak-high” pattern. Also, note that following the 196-day timeframe could push this low to 2025. Hence, we could expect the low in 2024 to surface before the A1 high comes to fruition.
The high in 2025, or A2, could surface exactly in 287 days and at the peak of 216.06%. This puts the TRX price prediction level for 2025 at $0.1914.
Projected ROI from the current level: 174%
TRON (TRX) price prediction 2030
Outlook: Bullish
From the high A2, the next low could finally respect the average drop of 69.65% as a new pattern might see some more selling and a deeper correction. Therefore, the 2026 low could surface at $0.05837. This low is projected, keeping anticlimactic crypto market conditions in mind.
From this low, buyers might again try to push the prices of TRX higher, making the peak growth of 216.06% possible. Therefore, the next high or B2, preferably by 2026 (using 150 days), could therefore surface at $0.185.
With 2026 low and 2026 high in sight, we can extrapolate the price of TRX till 2030. This puts the TRX price prediction for 2030 at $1.289, provided TRX manages to keep growing in regards to content creators and DeFi.
Projected ROI from the current level: 1746%
TRON (TRX’s) long-term price prediction (up to 2035)
Outlook: Bullish
Now that we have the price forecast levels for TRON (TRX) till 2030, we can extrapolate the technical analysis to help predict the future of this project. However, for the future price levels mentioned in the table to hold, this ecosystem must continue to see steady growth in trading volume, market cap, and even DeFi TVL.
You can easily convert your TRX to USD here
| Year | | Maximum price of TRX | | Minimum price of TRX |
| 2023 | $0.08198 | $0.0395 |
| 2024 | $0.125 | $0.049 |
| 2025 | $0.1914 | $0.060 |
| 2026 | $0.185 | $0.05837 |
| 2027 | $0.30 | $0.23 |
| 2028 | $0.46 | $0.30 |
| 2029 | $0.686 | $0.42 |
| 2030 | $1.289 | $0.799 |
| 2031 | $1.54 | $1.20 |
| 2032 | $2.01 | $1.56 |
| 2033 | $2.71 | $2.11 |
| 2034 | $4.34 | $3.38 |
| 2035 | $5.64 | $3.49 |
Is the TRX price prediction model accurate?
Our TRX price prediction model takes all the important metrics into consideration. These include fundamentals, technical analysis, and key network-specific metrics. Throughout this piece, we have also focused on short-term and long-term price analysis of TRX. It also considers market downturns, making the model as accurate as possible in the context of a dynamic crypto market.
Frequently asked questions
Will the TRX coin reach $1?
Who is behind Tron?
Is Tron a stablecoin?
What was Tron’s highest price?
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