James Ding
Aug 24, 2025 08:15
TRX shows strong bullish signals with RSI at 67.44 and price near 52-week highs. Technical analysis suggests $0.40 target achievable within 4-6 weeks if $0.37 resistance breaks.
TRX Price Prediction: TRON Eyes $0.40 Target as Technical Indicators Signal Continued Bullish Momentum
TRON (TRX) continues to demonstrate impressive strength as it trades near its 52-week high of $0.37, with multiple technical indicators pointing toward further upside potential. Recent analyst predictions and technical analysis suggest TRX could target the $0.40 level in the coming weeks, representing a significant milestone for the blockchain platform.
TRX Price Prediction Summary
• TRX short-term target (1 week): $0.38 (+2.7% from current levels)
• TRON medium-term forecast (1 month): $0.35-$0.42 range with bias toward upper end
• Key level to break for bullish continuation: $0.37 (current strong resistance)
• Critical support if bearish: $0.33 (Bollinger Band lower boundary and immediate support)
Recent TRON Price Predictions from Analysts
The latest TRX price prediction data reveals a notably bullish consensus among cryptocurrency analysts. CoinLore’s most recent TRON forecast on August 24th targets $0.3519 in the short term, representing a modest but consistent upward trajectory from their August 21st prediction of $0.343. This progressive increase in price targets demonstrates growing confidence in TRX’s technical setup.
CoinCodex’s August 22nd analysis proved particularly insightful, with their $0.325288 TRX price target already exceeded as the token climbed to current levels. Their reasoning cited a Fear & Greed Index reading of 71 (Greed), which aligns with the current bullish momentum we’re observing in TRON technical analysis.
Changelly’s August 20th forecast of $0.341 has also been surpassed, with their prediction of “gradual upward trend with minor daily fluctuations” playing out almost exactly as anticipated. The convergence of these predictions around the $0.34-$0.35 range, which TRX has now moved beyond, suggests the next logical TRX price target lies in the $0.38-$0.40 zone.
TRX Technical Analysis: Setting Up for Breakout
The current TRON technical analysis presents a compelling case for continued bullish momentum. With TRX trading at $0.37, the token sits precisely at a critical inflection point. The RSI reading of 67.44 indicates TRX remains in neutral territory with room to move higher before reaching overbought conditions, typically around 70-80.
The MACD histogram reading of 0.0002 confirms bullish momentum is building, while the MACD line at 0.0103 trading above the signal line at 0.0101 provides additional confirmation of the upward trend. This technical setup is particularly significant as it occurs near the 52-week high, suggesting TRX is poised for a genuine breakout rather than a false move.
Volume analysis reveals robust participation with $97,061,871 in 24-hour trading volume on Binance, providing the liquidity necessary to support a sustained move higher. The Bollinger Bands position shows TRX at 0.9003, indicating the token is approaching the upper band but hasn’t yet reached extreme overbought levels that might trigger immediate selling pressure.
TRON Price Targets: Bull and Bear Scenarios
Bullish Case for TRX
The primary bullish scenario for this TRX price prediction centers on a clean break above the $0.37 resistance level. Should TRX successfully clear this hurdle with strong volume, the next logical target sits at $0.38, followed by the psychologically important $0.40 level.
The technical foundation supporting this TRON forecast includes the strong alignment of moving averages, with the SMA 7 at $0.36, SMA 20 at $0.35, and SMA 50 at $0.33 all trending upward. This creates a supportive backdrop for any momentum-driven advance. The distance between the current price and the SMA 200 at $0.27 also provides substantial cushion, indicating the broader trend remains firmly bullish.
For the bullish case to fully materialize, TRX needs to maintain trading above $0.36 while building volume on any push through $0.37. A successful breakout could see TRON challenge the $0.42 level within 4-6 weeks.
Bearish Risk for TRON
The primary risk to this optimistic TRX price prediction lies in a failure to break above $0.37, which could trigger profit-taking and a retest of lower support levels. The immediate support at $0.33 aligns with both the Bollinger Band lower boundary and previous consolidation levels, making it a critical level to monitor.
Should TRX break below $0.33, the next significant support doesn’t appear until $0.28, representing the strong support level identified in the technical analysis. Such a decline would invalidate the current bullish thesis and potentially signal a deeper correction toward the $0.27 area where the SMA 200 provides longer-term support.
The Stochastic readings of %K at 86.83 and %D at 85.24 do present some near-term risk, as these elevated levels suggest TRX could experience short-term selling pressure even within an overall bullish trend.
Should You Buy TRX Now? Entry Strategy
The current technical setup presents a compelling buy or sell TRX decision point. For aggressive traders, purchasing TRX at current levels around $0.37 with a stop-loss below $0.35 offers an attractive risk-reward ratio targeting the $0.40 level.
More conservative investors might wait for either a pullback to the $0.35-$0.36 support zone or a confirmed breakout above $0.37 with strong volume before establishing positions. The key is maintaining strict risk management given TRX’s position near 52-week highs.
Position sizing should remain moderate given the proximity to resistance, with suggested allocation of 2-3% of portfolio value for this trade setup. The stop-loss at $0.35 provides reasonable protection while allowing room for normal price fluctuations.
TRX Price Prediction Conclusion
This comprehensive TRON forecast suggests TRX remains well-positioned for further gains over the next 4-6 weeks, with a primary TRX price target of $0.40 representing approximately 8% upside from current levels. The technical indicators supporting this prediction include bullish MACD momentum, supportive moving average alignment, and RSI levels that allow for additional upward movement.
The confidence level for this TRX price prediction is MEDIUM-HIGH, based on the convergence of multiple technical factors and the recent track record of analyst predictions being exceeded. Key indicators to monitor for confirmation include a volume-supported break above $0.37 and continued MACD histogram expansion.
The timeline for this TRON forecast to materialize extends through September 2025, with initial confirmation expected within the next 7-10 trading days. Failure to break $0.37 within this timeframe would require reassessment of the bullish thesis and potentially lead to a more neutral short-term outlook for TRX.
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