TRON (TRX) Price Forecast: Signs Point to a Potential 10% Upsurge
In recent days, TRON (TRX) has outpaced Bitcoin’s performance, showcasing a short-term bullish trend that has caught the attention of traders. While Bitcoin struggled to reclaim the $108,000 mark, TRX demonstrated resilience by carving out higher price levels and establishing a more consistent upward trajectory.
Unlike many altcoins currently entangled in sideways movement and erratic volatility, TRX stands out for its clearer market structure. Over the past five days, the altcoin has formed a modest yet steady uptrend, offering potential entry points for short-term trades. If this momentum continues, a 10% rally could be on the horizon, especially if TRX breaks above key resistance levels.
Key Resistance Levels to Watch
The price action over the past week has shown TRX repeatedly testing the $0.3 threshold, a zone that has acted as a firm resistance barrier. Based on liquidity data, two significant levels to monitor are $0.303 and $0.328. These price points represent liquidity clusters, where a large volume of stop-loss orders and leveraged positions are likely concentrated. A surge into these zones could be triggered by increased buying pressure, pushing TRX closer to the $0.328 mark.
Daily Chart Analysis: Bullish Structure Forming
A closer look at the daily TRX/USDT chart reveals a potential shift in market structure. Since late August, TRX has followed a series of lower highs and lower lows. However, the current price level of $0.299 is slightly above the previous swing low at $0.298, suggesting the possibility of a bullish breakout. A daily close above this level would confirm a structural reversal, opening the path for further gains.
Despite a brief candlewick movement past $0.298 earlier in the week, the price failed to hold above it on a closing basis. If buyers can sustain momentum, a decisive close above this level could set the stage for the next leg upward.
Momentum Indicators Signal Building Strength
The On-Balance Volume (OBV) on the daily chart has been climbing, hinting at accumulating buying interest. However, it has yet to surpass the lower highs of the prior downtrend, which would provide stronger confirmation of a bullish reversal. The Relative Strength Index (RSI) also remains just below the 50 threshold, signaling a lack of clear momentum but hovering near a potential breakout point.
Short-Term Outlook: Hourly Chart Presents Bullish Momentum
On the 1-hour timeframe, the picture is more optimistic. Both the OBV and RSI indicate strong bullish sentiment, with a visible uptrend supported by higher lows. Notably, TRX recently flipped the $0.29 level from resistance into support, reinforcing the bullish case. This move was followed by a minor retracement to $0.296—now viewed as a potential accumulation zone.
If the price remains above $0.296, the bullish scenario remains intact. However, a drop below this level could negate the current setup and invite renewed selling pressure.
Heatmap Insights: Liquidity Clusters Offer Clues
According to recent liquidation heatmap data, the areas around $0.303 and $0.328 are rich in liquidity. These levels are likely to attract price movement as traders’ stop-loss and liquidation levels cluster there. If bulls can drive the price into these zones, it would likely trigger a cascade of buy orders, helping to propel the price higher in the short term.
What’s Driving TRX’s Relative Strength?
Several factors may be contributing to TRON’s relative strength. Unlike many other Layer 1 blockchain projects, TRON continues to maintain a high level of on-chain activity, largely due to its widespread use in stablecoin transfers and DeFi protocols. This steady usage base provides fundamental support for TRX’s price, even during broader market uncertainty.
Additionally, TRON’s focus on low transaction fees and scalability makes it an attractive option for developers and users looking to escape Ethereum’s high gas fees. This utility-driven demand can help cushion TRX against broader bearish trends and amplify gains when market sentiment turns positive.
Risks and Challenges for TRX Bulls
Despite the encouraging setup, TRX bulls are not without challenges. The $0.3 psychological resistance remains a formidable barrier, and failure to break above it with significant volume could lead to another rejection. Furthermore, macroeconomic conditions and Bitcoin’s price movements continue to exert influence over altcoin markets. A sharp downturn in BTC could derail any bullish momentum TRX has built up.
Another concern lies in the relatively weak confirmation from daily momentum indicators. Until the OBV and RSI on the daily chart decisively break above their previous levels, the bullish outlook remains tentative.
What Must Happen for a 10% Rally to Materialize?
For TRX to climb by 10% and reach the $0.328 target, several factors need to align:
1. A confirmed daily close above $0.298, signaling a structural shift.
2. Sustained buying volume, especially around the $0.3 level.
3. Continued bullish divergence on lower timeframes.
4. Favorable market sentiment or at least neutral performance from Bitcoin.
5. No unexpected regulatory or macroeconomic shocks affecting the crypto market.
If these conditions are met, TRX could rapidly fill the liquidity gap up to $0.328, representing a 10% gain from its current price.
Final Thoughts
TRON’s recent price action suggests the altcoin is on the cusp of a short-term breakout. While confirmation is still needed on higher timeframes, the combination of technical indicators, liquidity targets, and relative strength compared to Bitcoin points to a favorable setup for bulls. Traders should monitor the $0.296–$0.303 range closely, as these levels will likely determine TRX’s next major move.
While the potential for a 10% rally is real, caution remains essential. Market conditions can change rapidly, and price predictions should always be weighed against broader risk factors. Nevertheless, TRX is currently one of the more promising altcoins in a market searching for direction.