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

TRON (TRX) is at a crucial technical juncture as November 2025 begins, with the cryptocurrency trading at $0.30 amid mixed signals from technical indicators. Recent analyst forecasts and TRON’s technical analysis suggest that a period of consolidation is ahead, with key support and resistance levels determining the next major price move.

Summary of TRX Price Predictions

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

Recent TRON price predictions from analysts

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

This TRON forecast consensus around the $0.295 level closely aligns with the current technical support zones, suggesting analysts are considering the cryptocurrency’s proximity to the lower Bollinger Band at $0.29. The average confidence score of all forecasts indicates uncertainty about TRX’s immediate direction, reflecting the mixed technical picture currently developing.

What is especially notable is how recent forecasts have converged around $0.29-$0.297, creating a tight range that coincides with the critical levels of technical support identified in our analysis.

TRX Technical Analysis: Preparing for Consolidation

TRON’s current technical analysis reveals a cryptocurrency in transition, with indicators pointing to a period of sideways consolidation before the next change in direction. The RSI reading of 33.92 puts TRX in neutral territory but closer to oversold conditions, indicating limited downside momentum at current levels.

The MACD histogram at -0.0009 confirms that bearish momentum remains intact, but the relatively small magnitude indicates waning selling pressure. This technical setup often precedes consolidation phases where price action stabilizes before moving 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 occur. The middle band at $0.31 represents the 20-period SMA and serves as our main 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 described below.

TRON Price Targets: Bull and Bear Scenarios

Bullish case for TRX

In the optimistic TRX price forecast scenario, TRON defends the $0.29 support zone and initiates a recovery towards the immediate resistance level of $0.33. This bullish case requires several technical conditions to align:

First, TRX should remain above the lower Bollinger Band support at $0.29, which coincides with the strong support identified in our analysis of key trading levels. 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, which represents the upper Bollinger Band and immediate resistance level. This target offers upside of around 10% from current levels and corresponds to the resistance zone of the SMA 50. A break above $0.33 would open the door to testing stronger resistance at $0.35, our secondary bullish target.

Volume expansion above 70 million per day on Binance would confirm bullish momentum and support the move towards these upside targets.

Bearish risk for TRON

The bearish TRON forecast scenario includes a breakdown below the critical support level at $0.29, which could potentially lead to accelerated selling towards the strong support zone identified at $0.29. However, given that both immediate and strong support are converging at this level, a breakout would likely see TRX test its 52-week low around $0.21.

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

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

Should You Buy TRX Now? Access strategy

Based on our technical analysis of TRON, the current setup favors a wait-and-see approach rather than aggressive accumulation. Whether you should buy or sell TRX depends greatly on your risk tolerance and time horizon.

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

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

Risk management: All TRX positions must contain stop-losses of less than $0.28 to limit downside exposure. Given the mixed technical signals, position size should not exceed 2-3% of the portfolio value.

Goal management: Take a partial profit of $0.32 and a full profit of $0.33 unless broader market conditions support a higher breakout.

TRX Price Prediction Conclusion

Our extended TRX price forecast points to a period of consolidation between $0.29-$0.33 over the next month, with a slight tilt 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 more confidence (75%) in the support holding at $0.29.

Important indicators to monitor:
– RSI bounces from current levels towards 50 – MACD histogram starts to shrink – Daily volume grows above 70 million – Bitcoin and broader crypto market stability

Timeline: The next 7-14 days will be critical in determining whether TRX can establish $0.29 as a springboard for recovery or whether further weakness develops. Our TRON forecast suggests that the resolution of the current technical situation 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 continue to support risky assets.

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