Let’s look at what might happen with the price of TRON (TRX) from 2024 to 2030. To understand these predictions, we need to know how TRON has performed in the past and what experts say based on current market trends.
Current Market Overview
- Current Price: TRON is trading at $0.11708.
- Market Sentiment: The market is positive with a Fear & Greed Index of 74 (greedy).
- Recent Performance: TRON had 14 days of gains in the last 30 days (47%) with a volatility rate of 2.78%.
Short-Term Predictions
- 5-Day Prediction: $0.096471
- 1-Month Prediction: $0.11267 (a decrease of 2.37%)
These short-term predictions suggest a small drop in TRX’s price.
Technical Indicators
- 50-Day Simple Moving Average (SMA): $0.118566 (indicates selling)
- 200-Day Simple Moving Average (SMA): $0.117369 (indicates selling)
- 14-Day Relative Strength Index (RSI): 50.97 (neutral)
These indicators show a mixed signal with a slightly negative short-term outlook.
Long-Term Predictions
- 2025: TRX could be between $0.091525 and $0.573304, which might mean a 389.63% increase from the current price if it reaches the high end.
- 2030: TRX could trade between $0.498038 and $0.715787, suggesting a potential gain of 511.32%.
Here are predictions for each year from 2025 to 2030:
| Year | Yearly Low | Yearly High | Potential Increase |
|---|---|---|---|
| 2025 | $0.091525 | $0.573304 | 389.63% |
| 2026 | $0.19999 | $0.422045 | |
| 2027 | $0.182332 | $0.297172 | |
| 2028 | $0.263343 | $0.503871 | |
| 2029 | $0.391676 | $0.864113 | |
| 2030 | $0.498038 | $0.715787 | 511.32% |
Analysis Based on Technical Indicators
- 50-Day SMA: $0.118566 (Sell)
- 200-Day SMA: $0.117369 (Sell)
- 50-Day EMA: $0.118512 (Sell)
- 200-Day EMA: $0.11425 (Buy)
- RSI (14): 50.97 (Neutral)
- Stochastic RSI (14): 85.71 (Sell)
- Commodity Channel Index (20): 66.67 (Neutral)
Historical Performance
TRON’s price has been quite volatile but generally rising. In the past year, it increased by 68.64%.
| Date | Open | High | Low | Close | Volume | Market Cap |
|---|---|---|---|---|---|---|
| Jun 19, 2023 | $0.070677 | $0.070801 | $0.069508 | $0.070551 | $5.54B | $6.48B |
| Jun 19, 2022 | $0.060875 | $0.062648 | $0.05865 | $0.061391 | $1.90B | $5.64B |
| Jun 19, 2021 | $0.069599 | $0.070162 | $0.068639 | $0.069014 | $1.12B | $4.64B |
Correlation with Other Cryptocurrencies
TRON often moves in the same direction as cryptocurrencies like Jasmy (JASMY), Jupiter (JUP), and Solana (SOL). It tends to move in the opposite direction of Rocket Pool (RPL) and Ethereum Name Service (ENS).
Conclusion
TRON has a promising future with possible significant gains in the coming years. While short-term price changes are expected, the long-term outlook is positive. Always do thorough research and consult with financial advisors before investing.
Read: Lido DAO (LDO) Price Prediction
