intermediate
TRON is a cryptocurrency and a foundation created by Justin Sun. It was launched on August 28, 2017, and quickly became a huge success later in 2018. TRON has a 3-tier architecture that provides security and growth potential to its investors.
TRON (TRX) Overview
Our real-time TRX to USD price update shows the current Tron price as $0.069330 USD.
Our most recent Tron price forecast indicates that its value will increase by -3.24% and reach $0.067081 by May 11, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 25%, with a Fear & Greed Index score of 51 (Neutral).
Over the last 30 days, Tron has had 15/30 (50%) green days and 2.29% price volatility.
Tron (TRX) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Tron (TRX) Price Prediction For Today, Tomorrow and Next 30 Days
TRON Prediction Table
TRON Historical
According to the latest data gathered, the current price of TRON is $$0.07, and TRX is presently ranked No. 12 in the entire crypto ecosystem. The circulation supply of TRON is $6,236,424,484.41, with a market cap of 90,505,721,411 TRX.
In the past 24 hours, the crypto has increased by $0.0005 in its current value.
For the last 7 days, TRX has been in a good upward trend, thus increasing by 0.31%. TRON has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of TRX has increased by 3.82%, adding a colossal average amount of $0.0026 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
TRON Price Prediction 2023
According to the technical analysis of TRON prices expected in 2023, the minimum cost of TRON will be $0.060287004. The maximum level that the TRX price can reach is $0.0673067853. The average trading price is expected around $0.0743265666.
TRX Price Forecast for May 2023
Based on the price fluctuations of TRON at the beginning of 2023, crypto experts expect the average TRX rate of $0.0693600633 in May 2023. Its minimum and maximum prices can be expected at $0.0670742919 and at $0.0716458347, respectively.
June 2023: TRON Price Forecast
Cryptocurrency experts are ready to announce their forecast for the TRX price in June 2023. The minimum trading cost might be $0.0660533673, while the maximum might reach $0.0743265666 during this month. On average, it is expected that the value of TRON might be around $0.070189967.
TRX Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of TRON in 2023 and in previous years, so the average TRX rate they predict might be around $0.0655492044 in July 2023. It can drop to $0.0650765517 as a minimum. The maximum value might be $0.0660218572.
August 2023: TRON Price Forecast
In the middle of the year 2023, the TRX price will be traded at $0.0645723888 on average. August 2023 might also witness an increase in the TRON value to $0.0650450415. It is assumed that the price will not drop lower than $0.0640997361 in August 2023.
TRX Price Forecast for September 2023
Crypto experts have analyzed TRON prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.0636113282. The lowest and peak TRX rates might be $0.0631544306 and $0.0640682259.
October 2023: TRON Price Forecast
Crypto analysts expect that at the end of summer 2023, the TRX price will be around $0.0626502677. In October 2023, the TRON cost may drop to a minimum of $0.0621776149. The expected peak value might be $0.0631229204 in October 2023.
TRX Price Forecast for November 2023
Having analyzed TRON prices, cryptocurrency experts expect that the TRX rate might reach a maximum of $0.0621461048 in November 2023. It might, however, drop to $0.0612323095. For November 2023, the forecasted average of TRON is nearly $0.0616892071.
December 2023: TRON Price Forecast
In the middle of autumn 2023, the TRON cost will be traded at the average level of $0.0607281466. Crypto analysts expect that in December 2023, the TRX price might fluctuate between $0.0602554938 and $0.0612007993.
TRON Price Prediction 2024
After the analysis of the prices of TRON in previous years, it is assumed that in 2024, the minimum price of TRON will be around $0.129987. The maximum expected TRX price may be around $0.149985. On average, the trading price might be $0.129987 in 2024.
TRON Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of TRON, in 2025, TRX is expected to have the following minimum and maximum prices: about $0.189981 and $0.229977, respectively. The average expected trading cost is $0.189981.
TRON Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of TRON and their fluctuations during the previous years. It is assumed that in 2026, the minimum TRX price might drop to $0.259974, while its maximum can reach $0.329967. On average, the trading cost will be around $0.269973.
TRON Price Prediction 2027
Based on the analysis of the costs of TRON by crypto experts, the following maximum and minimum TRX prices are expected in 2027: $0.449955 and $0.359964. On average, it will be traded at $0.379962.
TRON Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of TRON. Based on their predictions, the estimated average TRX price will be around $0.559944. It might drop to a minimum of $0.549945, but it still might reach $0.629937 throughout 2028.
TRON Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of TRON. It is estimated that TRX will be traded between $0.819918 and $0.959904 in 2029. Its average cost is expected at around $0.839916 during the year.
TRON Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the TRON’s price. The year 2030 will be determined by the maximum TRX price of $1.45. However, its rate might drop to around $1.22. So, the expected average trading price is $1.25.
TRON Price Prediction 2031
After years of analysis of the TRON price, crypto experts are ready to provide their TRX cost estimation for 2031. It will be traded for at least $1.75, with the possible maximum peaks at $2.15. Therefore, on average, you can expect the TRX price to be around $1.82 in 2031.
TRON Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the TRON’s price. The year 2032 will be determined by the maximum TRX price of $3.02. However, its rate might drop to around $2.60. So, the expected average trading price is $2.69.
What Is the TRON Coin?
TRON is a blockchain-based project designed to build a platform for digital entertainment. The idea behind the crypto is that the current digital content platforms like YouTube or iTunes have too much control over their developers and content creators.
Blockchain technology enables a fast and secure decentralized data distribution platform that is free from censorship. The Tron (TRX) cryptocurrency was created to power the network and to incentivize content creators. The platform seeks to provide its participants with a fair and reasonable distribution of the income generated by the platform’s content.
The TRON cryptocurrency is developed and maintained by the TRON foundation. Justin Sun is the current CEO of the organization. He is also a Permanent Representative of Grenada to the WTO, a Geneva-based Chinese-Grenadian diplomat, entrepreneur, and business executive.
The TRX coin is widely dependent on the decentralized application market. All the price predictions are ultimately coming from two anticipations: the anticipation of the future financial results of the dApps market and the possibility of the success of the TRON competitors — for example, Ethereum, EOS, and NEO. All these platforms not only have a strong focus on the digital entertainment industry but also provide a successful framework for dApp development and smart contracts deployment.
This real-time widget will help you understand the technical analysis of TRON and TRX prices. The summary is based on the most popular technical indicators, such as moving averages, oscillators, and pivot points.
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FAQ
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Does Tron have a future?
With 2,000 transactions per second, 67 million accounts, and 2.72 billion transactions up from 1.41 billion, TRON is one of the fastest-growing public chains right now. TRON has many high-profile partners, including Samsung. This crypto definitely has a future, and that future is bright!
Is TRON a good investment?
In general, investing in the TRON network today looks promising. While the growth of the TRX price cannot be called explosive, positive movement can be observed. So, it can be a good choice for long-term investment. However, when working with volatile cryptocurrency markets, it is important to conduct your own research on coins or tokens to determine if an asset is suitable for your portfolio.
Will TRON’s price go up or down?
As of April 2022, the TRON price/TRX price is quickly stabilizing its price after the collective drop of crypto at the beginning of the year. Though it’s still too early to make a solid price prediction, it seems like nothing stops the TRON/TRX price from growing in value, judging by the way things look right now.
Can the TRON coin reach $1?
Yes, but it will take time. As of April 2022, the most bullish forecast from Price Prediction expects the TRX price to reach $1 by 2029.
Is the TRON coin safe?
Network users can block their tokens for a while to gain the “power of TRON.” Although users cannot use tokens if they are blocked, this ensures that they will not be used by anyone else. That ability adds to the security of TRON. However, you should do your own research on the TRX price to determine if this coin can be considered a safe investment.
Is TRX a good investment in 2022?
TRON has its advantages over other coins. For example, the TRON blockchain is faster than Ethereum, the major and stable top-3 crypto. Overall, it can make a good investment in 2022 if you follow the current TRON price predictions.
Is TRX worth buying?
TRON has been around for some time now, and statistically, it’s doing good. Of course, TRON’s price dropped in January 2022, but the same thing happened to all cryptos. Some Internet users say that TRON borrowed parts of the Ethereum code, so it’s not unique and safe enough to be a good long-term investment, but who is to say for sure? The CEO of TRON, Justin Sun, objects to this critique. As of April 2022, the TRX price is slowly going up and, according to most TRON price predictions, will continue to do so.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/tron-trx-price-prediction/