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$TRX
Tron Price Breakout Coming? TRX Charts Say Yes!

Will TRX explode past $0.28 soon?

After a weekend of high volatility, the crypto market has cooled, with Tron (TRX) holding steady near $0.24. Despite a modest 0.91% dip in the last 24 hours, TRX remains among the top 10 cryptocurrencies, with a market cap of $23.46 billion.

Price action shows consolidation between $0.21 and $0.2551, with support at the 50-day EMA — a key technical indicator suggesting strength building at current levels. This consolidation phase is drawing attention from traders and analysts alike, especially as discussions around Tron price prediction 2025 continue to gain traction amid strengthening fundamentals.

The EMAs (50, 100, and 200-day) are in bullish alignment, increasing the probability of a breakout toward the 23.6% Fibonacci level at $0.28. If momentum strengthens, TRX could retest the 50% Fibonacci mark at $0.3988, aligning with a potential move to reclaim the psychological $0.40 level. However, failure to hold the $0.24 level could lead to a retest of the 200-day EMA at $0.2243.

MACD and signal lines are closely tracking in the positive zone, hinting at a possible bullish crossover — often a precursor to upward trend shifts. While price indicators suggest strength, on-chain data paints a different picture.

New wallet creation has stagnated, and gas usage has declined — signals of slowed retail participation. Yet, these trends often mirror historical accumulation phases, where long-term holders quietly increase positions before the next major move.

Backing this thesis is a spike in DEX activity. According to DefiLlama, TRX DEX volume hit a 2024 high of $751.08 million, signaling renewed liquidity and interest.

The TRX stablecoin market cap also hit an ATH of $71.93 billion, underscoring strong DeFi and payment demand on the network.
Despite a lull in user growth, the fundamentals support a bullish outlook — with a breakout potentially closer than the charts reveal.
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