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TRX Price Prediction: TRON Targets $0.358 as Technical Analysis Shows Bullish Momentum Despite Short-Term Consolidation - Blockchain.News

TRX Price Prediction: TRON Targets $0.358 as Technical Analysis Shows Bullish Momentum Despite Short-Term Consolidation

Jessie A Ellis Aug 30, 2025 07:59

TRON price prediction suggests TRX could reach $0.358 within one week as rising moving averages support upward momentum, though current RSI remains neutral at 47.48.

TRX Price Prediction: TRON Targets $0.358 as Technical Analysis Shows Bullish Momentum Despite Short-Term Consolidation

TRON (TRX) is showing compelling technical signals that suggest higher prices ahead, with multiple analysts converging on bullish targets despite recent consolidation. This comprehensive TRX price prediction examines the technical indicators and analyst forecasts pointing toward potential upside in the coming weeks.

TRX Price Prediction Summary

TRX short-term target (1 week): $0.358 (+5.3%) • TRON medium-term forecast (1 month): $0.35-$0.38 range • Key level to break for bullish continuation: $0.37 (Bollinger Band upper resistance) • Critical support if bearish: $0.33 (immediate support level)

Recent TRON Price Predictions from Analysts

The latest TRON forecast data reveals a remarkably consistent bullish outlook among analysts, with Changelly's progressive TRX price prediction showing escalating targets over the past five days. The prediction series demonstrates a clear upward trajectory, starting from $0.343 on August 26 and climbing to $0.358 by August 30.

This sequential increase in price targets reflects growing analyst confidence, with each prediction building upon sustained technical momentum. The consensus revolves around rising moving averages as the primary bullish driver, with both the 50-day and 200-day moving averages supporting the uptrend since late July 2025.

What's particularly noteworthy is the absence of bearish predictions in recent analyst coverage, suggesting a one-sided bullish sentiment that could indicate either strong conviction or potential complacency in the market.

TRX Technical Analysis: Setting Up for Bullish Breakout

The TRON technical analysis presents a mixed but ultimately constructive picture for price appreciation. TRX currently trades at $0.34, positioned strategically between key moving averages that paint a bullish medium-term outlook.

The moving average structure strongly supports the bullish case, with the 200-day SMA at $0.27 providing substantial support nearly 26% below current levels. More importantly, the shorter-term averages (SMA 7 and 20 at $0.35, EMA 12 at $0.35) are positioned above the current price, creating a natural magnet for upward price movement.

However, momentum indicators present a more nuanced picture. The RSI at 47.48 sits in neutral territory, indicating neither overbought nor oversold conditions – a healthy setup for potential upside. The MACD histogram reading of -0.0033 suggests bearish momentum in the very short term, but this could represent a constructive pullback within a larger uptrend.

The Bollinger Bands configuration reveals TRX trading near the lower band with a %B position of 0.1323, indicating the price has room to move toward the middle band ($0.35) and potentially the upper band ($0.37). The relatively tight trading range and low ATR of $0.01 suggest volatility compression that often precedes significant price moves.

TRON Price Targets: Bull and Bear Scenarios

Bullish Case for TRX

The primary TRX price target of $0.358 represents a logical extension of the current technical setup. This level aligns with analyst projections and would represent a break above the near-term resistance cluster around $0.35-$0.357.

For the bullish scenario to unfold, TRX needs to reclaim the $0.35 level (20-day SMA) with conviction, followed by a sustained move above $0.37 (Bollinger Band upper resistance and 52-week high). A break above $0.37 could trigger momentum-driven buying that pushes TRX toward $0.40, representing the next major psychological resistance level.

Volume confirmation will be crucial, as the current 24-hour volume of $182.8 million on Binance needs to expand significantly to support a sustained breakout above resistance levels.

Bearish Risk for TRON

The bearish scenario for this TRX price prediction centers around a failure to hold the $0.33 immediate support level. A break below this level could trigger a retest of the stronger support at $0.30, representing a potential 12% decline from current levels.

The negative MACD histogram and stochastic readings below 20 provide early warning signals that momentum could shift bearish if support levels fail. Additionally, the proximity to Bollinger Band lower support suggests limited downside cushion in the immediate term.

Key risk factors include broader cryptocurrency market weakness, regulatory concerns affecting TRON's ecosystem, or failure to maintain the bullish moving average structure that currently supports higher prices.

Should You Buy TRX Now? Entry Strategy

Based on this TRON technical analysis, the optimal entry strategy involves patience for either a pullback to support or confirmation of breakout momentum. Conservative buyers should consider accumulating TRX on any dips toward $0.33 (immediate support) with a stop-loss below $0.30 (strong support).

More aggressive traders might consider buying TRX above $0.35 on strong volume, targeting the $0.358 level with a stop-loss below $0.33. This approach captures breakout momentum while maintaining reasonable risk management.

Position sizing should remain conservative given the mixed momentum signals, with a recommended maximum allocation of 2-3% of portfolio value until clearer directional signals emerge. The decision to buy or sell TRX ultimately depends on individual risk tolerance and market timing preferences.

TRX Price Prediction Conclusion

This TRX price prediction maintains a constructive outlook with medium confidence, targeting $0.358 within one week based on supportive moving average structure and consistent analyst forecasts. The TRON forecast suggests a higher probability of upside given the technical setup, though short-term momentum indicators warrant caution.

Key indicators to monitor include RSI movement above 50 for momentum confirmation, MACD histogram turning positive, and most importantly, price action around the critical $0.35 resistance level. The prediction timeline of 1-2 weeks allows sufficient time for the technical setup to resolve while maintaining relevance for active traders.

The overall assessment favors patient accumulation of TRX on weakness, with the expectation that the bullish moving average structure will eventually drive prices toward analyst targets near $0.36. However, failure to hold $0.33 support would invalidate this bullish thesis and suggest a deeper correction toward $0.30.

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