Price Analysis View Non-AMP

Tron Price Holds Above $0.34, Will the Rally Sustain for Another Breakout?

Published by
Shrishesh Tanksalkar

Tron is back in the limelight, after a solid breakout above the $0.30 mark, ending months of sideways movement. Over the past 24 hours, TRX price has risen 1.97% to $0.3473, with a 7-day gain of 4.55%. The rally has pushed its market cap to $32.88 billion, while trading volume shot up 37% to $1.06 billion. 

The move comes as bulls target higher resistance levels, but technical indicators suggest a possible cooling period ahead. Wondering what potential targets one should look at? Join me as I give you the possible Tron price targets in this analysis.

TRX Price Analysis

TRX’s recent price action marks a notable shift from its consolidation phase, which felt like forever. The breakout above $0.30 is acting as a strong bullish trigger. The coin has been supported by the middle Bollinger Band near $0.3407.

In the last 24 hours, TRX hit an intraday high of $0.3484, brushing close to immediate resistance at $0.3486. A decisive close above this level could open the gate for a test of the major resistance at $0.3650. Beyond that, the next target sits at $0.3802, with the all-time high of $0.4407 still a distant bullish goal.

Coming to indicators, the RSI stands at 71.61, entering the overbought zone, which may signal short-term profit-taking. However, as long as TRX holds above its key support levels at $0.3329 and $0.30, the broader bullish structure remains intact.

If selling pressure grows louder, Tron price could revisit the $0.30 support zone, with downside limited to $0.2506. Such a pullback could offer buying opportunities for long-term traders, especially if overall sentiment in the crypto market remains positive.

FAQs

What is TRX’s price today and market cap?

TRX is trading at $0.3473 with a market cap of $32.88 billion.

What are the key resistance levels for TRX?

Immediate resistance is at $0.3486, followed by $0.3650 and $0.3802.

Is TRX overbought right now?

Yes, the RSI is at 71.61, suggesting overbought conditions and potential for a short-term pullback.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

Michael Saylor Buys Bitcoin Dip; What Does He Know?

Michael Saylor has continued to accumulate Bitcoin (BTC) quietly amid midterm crypto bull market uncertainty.…

September 2, 2025

Layer Brett Backed To 150x The Gains Of Solana and Cardano Combined Before 2026

The crypto space is abuzz with the launch of Layer Brett, a promising memecoin currently…

September 2, 2025

Wyoming Reserve Partners with Global Gold to Launch First Fully Allocated U.S. Gold On-Chain

Sheridan, Wyo., 2 September 2025 - Global Gold, the modern monetary infrastructure for the world’s…

September 2, 2025

Shiba Inu Weekly News: Can Shiba Inu Still Make Millions? SHIB Rival Pepe Dollar Makes Crypto Headlines

Shiba Inu (SHIB) has remained a household name in the meme coin universe, but in…

September 2, 2025

The Next Shiba Inu: New Meme Coin Nearing $0.0025 Could Transform $800 into a Million for Long-Term Holders

Meme coins have always been unpredictable, but occasionally, a new project makes people pause and…

September 2, 2025

XRP Price Set to Outperform Ethereum? Here’s Why

XRP is trading near $2.82, up about 2% on the day but down over the…

September 2, 2025