TRON (TRX) is showing stable positive signals amid growing interest in cryptocurrencies. Analyzing current trends and price movements suggests a potential breakout in the next 30 days.
Current TRX Price Structure
Currently, TRX price is around $0.248, which is above the 50-day and 100-day simple moving averages at $0.238 and $0.230, respectively. The 20-day SMA is trending upward and is at $0.246, acting as near-term support.
Potential Golden Cross
A key technical signal to watch is a possible golden cross — when the 50-day SMA crosses above the 200-day SMA. This event has historically been a strong bullish indicator that precedes sharp rallies.
TRX Price Prediction
If TRX breaks above $0.26 with volume confirmation, the next target zone may lie between $0.28 and $0.30. Conversely, if TRX fails to hold $0.238, a drop back to the $0.21–$0.22 range may occur.
TRON (TRX) shows solid technical indicators, leaving the possibility of a breakout in the coming days. It is advisable to monitor volume levels and set alerts.
