TRX Price Prediction: Testing $0.29 Support Before Potential Rally to $0.33 Target

TRX Price Prediction: Testing $0.29 Support Before Potential Rally to $0.33 Target - Blockchain.News

TRON (TRX) finds itself at a crucial technical juncture as November 2025 begins, with the cryptocurrency trading at $0.30 amid mixed signals from technical indicators. Recent analyst predictions and TRON technical analysis suggest a period of consolidation ahead, with key support and resistance levels defining the next major price movement.

TRX Price Prediction Summary

• TRX short-term target (1 week): $0.295 (-1.7% from current levels) • TRON medium-term forecast (1 month): $0.29-$0.33 range with bias toward $0.31 • Key level to break for bullish continuation: $0.33 (immediate resistance) • Critical support if bearish: $0.29 (strong support confluence)

Recent TRON Price Predictions from Analysts

The latest TRX price prediction data from CoinLore reveals a cautiously optimistic outlook with some near-term pressure expected. Analyst forecasts over the past three days show a gradual decline in price targets, moving from $0.2970 on October 28 to $0.2930 for the current week - representing a -3.87% adjustment from the week's highest prognosis.

This TRON forecast consensus around the $0.295 level aligns closely with current technical support zones, suggesting analysts are factoring in the cryptocurrency's proximity to the lower Bollinger Band at $0.29. The medium confidence rating across all predictions indicates uncertainty about TRX's immediate direction, reflecting the mixed technical picture currently developing.

What's particularly noteworthy is how recent predictions have converged around the $0.29-$0.297 range, creating a tight band that coincides with critical technical support levels identified in our analysis.

TRX Technical Analysis: Setting Up for Consolidation

Current TRON technical analysis reveals a cryptocurrency in transition, with indicators pointing toward a period of sideways consolidation before the next directional move. The RSI reading of 33.92 places TRX in neutral territory but closer to oversold conditions, suggesting limited downside momentum at current levels.

The MACD histogram at -0.0009 confirms bearish momentum remains intact, but the relatively small magnitude indicates weakening selling pressure. This technical setup often precedes consolidation phases where price action stabilizes before trending higher or lower.

TRX's position within the Bollinger Bands tells a compelling story for our price prediction. At 0.1958 on the %B indicator, TRON is trading much closer to the lower band ($0.29) than the upper band ($0.33), historically a zone where oversold bounces originate. The middle band at $0.31 represents the 20-period SMA and serves as our primary resistance target for any relief rally.

Volume analysis shows $55.6 million in 24-hour trading on Binance, indicating sufficient liquidity for the TRX price target scenarios outlined below.

TRON Price Targets: Bull and Bear Scenarios

Bullish Case for TRX

The optimistic TRX price prediction scenario sees TRON defending the $0.29 support zone and launching a recovery toward the $0.33 immediate resistance level. This bullish case requires several technical conditions to align:

First, TRX must hold above the lower Bollinger Band support at $0.29, which coincides with strong support identified in our key trading levels analysis. A successful defense here could trigger short covering and attract buyers looking for oversold bounces.

The primary TRX price target in this scenario is $0.33, representing the upper Bollinger Band and immediate resistance level. This target offers approximately 10% upside from current levels and aligns with the SMA 50 resistance zone. Breaking above $0.33 would open the door to testing the stronger resistance at $0.35, our secondary bullish target.

Volume expansion above 70 million daily on Binance would confirm bullish momentum and support the move toward these upside targets.

Bearish Risk for TRON

The bearish TRON forecast scenario involves a breakdown below the critical $0.29 support level, potentially triggering accelerated selling toward the strong support zone identified at $0.29. However, given that both immediate and strong support converge at this level, a break would likely see TRX testing the 52-week low area around $0.21.

Key risk factors supporting this bearish case include the negative MACD histogram continuing to expand, RSI failing to bounce from current levels, and any broader cryptocurrency market weakness that could pressure altcoins like TRON.

The primary downside TRX price target would be $0.27, representing a -10% decline from current levels and the midpoint between current price and the 52-week low.

Should You Buy TRX Now? Entry Strategy

Based on our TRON technical analysis, the current setup favors a wait-and-see approach rather than aggressive accumulation. The question of whether to buy or sell TRX depends heavily on your risk tolerance and time horizon.

Conservative Entry Strategy: Wait for a clear bounce from the $0.29 support level with volume confirmation before establishing long positions. This approach reduces the risk of catching a falling knife while still positioning for the recovery scenario.

Aggressive Entry Strategy: Begin small accumulation between $0.295-$0.30 with plans to add on any weakness toward $0.29. This strategy requires strict risk management with stop-losses below $0.28.

Risk Management: Any TRX positions should include stop-losses below $0.28 to limit downside exposure. Position sizing should not exceed 2-3% of portfolio value given the mixed technical signals.

Target Management: Take partial profits at $0.32 and full profits at $0.33 unless broader market conditions support a break higher.

TRX Price Prediction Conclusion

Our comprehensive TRX price prediction points to a period of consolidation between $0.29-$0.33 over the next month, with slight bias toward the lower end of this range in the near term. The convergence of analyst forecasts around $0.295 and technical support at $0.29 creates a high-probability zone for price stabilization.

Confidence Level: Medium (65%) for the consolidation scenario, with higher confidence (75%) in the $0.29 support holding.

Key Indicators to Monitor: - RSI bouncing from current levels toward 50 - MACD histogram beginning to narrow - Daily volume expanding above 70 million - Bitcoin and broader crypto market stability

Timeline: The next 7-14 days will be critical for determining whether TRX can establish $0.29 as a launching pad for recovery or if further weakness develops. Our TRON forecast suggests resolution of the current technical setup should occur before mid-November 2025.

The ultimate direction will depend on TRX's ability to defend the $0.29 support level while broader market conditions remain supportive of risk assets.

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