cURL Error: 0 Page 5 – Daily News
More
    Home Blog Page 5

    TRX Price Prediction: TRON Eyes $0.33-$0.35 Recovery After Testing Critical $0.29 Support

    0


    Iris Coleman
    Nov 04, 2025 03:06

    TRX price prediction shows potential 17-25% upside to $0.33-$0.35 within 2-4 weeks as TRON bounces from oversold conditions and critical support levels.





    TRON (TRX) is currently navigating a critical juncture at $0.28, having declined 4.22% in the past 24 hours. With the cryptocurrency testing crucial support levels and showing oversold conditions, our TRX price prediction analysis reveals both immediate risks and promising medium-term opportunities for the blockchain platform.

    TRX Price Prediction Summary

    TRX short-term target (1 week): $0.295-$0.31 (+5-11%)
    TRON medium-term forecast (1 month): $0.32-$0.35 range (+14-25%)
    Key level to break for bullish continuation: $0.33 (Bollinger Band upper resistance)
    Critical support if bearish: $0.28 (current Bollinger Band lower support)

    Recent TRON Price Predictions from Analysts

    The analyst community shows mixed but cautiously optimistic sentiment regarding TRON’s near-term prospects. Tony Kim from Blockchain.News provides the most detailed TRX price prediction, targeting a $0.32-$0.35 range within 2-4 weeks, citing oversold RSI conditions and the critical $0.29 support test. This aligns closely with our technical analysis showing TRX’s current position near the lower Bollinger Band at $0.28.

    DigitalCoinPrice offers a more aggressive TRON forecast, suggesting TRX could reach $0.61 by month-end despite the recent 17.12% monthly decline. However, this target appears overly optimistic given current technical conditions. Bitget’s conservative $0.2983 short-term target based on minimal daily growth appears more realistic, while Investing.com’s “Strong Sell” signal reflects the bearish momentum captured in our MACD analysis.

    The consensus among credible analysts points toward consolidation around current levels before a potential recovery toward $0.32-$0.35, making this our base-case TRX price prediction scenario.

    TRX Technical Analysis: Setting Up for Oversold Bounce

    TRON’s technical setup presents classic oversold conditions that often precede meaningful reversals. The RSI reading of 30.23 places TRX in neutral territory but approaching oversold levels, while the Stochastic indicators show extreme oversold conditions with %K at 8.22 and %D at 12.45.

    The MACD histogram at -0.0011 confirms bearish momentum is waning, though it hasn’t yet turned positive. TRX’s position at 0.09 within the Bollinger Bands indicates the price is hugging the lower band support at $0.28, a level that has historically provided bounce opportunities.

    Volume analysis reveals robust trading activity with $230 million in 24-hour Binance volume, suggesting institutional interest remains despite the price decline. The convergence of multiple support factors around $0.28-$0.29 creates a compelling risk-reward setup for our TRX price prediction.

    TRON Price Targets: Bull and Bear Scenarios

    Bullish Case for TRX

    Our primary TRON forecast anticipates a recovery toward $0.33-$0.35 over the next 2-4 weeks. The first TRX price target sits at $0.31-$0.32, representing the convergence of the EMA 26 ($0.31) and SMA 50 ($0.32) resistance levels. Successfully reclaiming these moving averages would confirm the oversold bounce scenario.

    The ultimate bullish TRX price target lies at $0.35, matching the strong resistance level and representing a 25% upside from current levels. This target requires breaking through the Bollinger Band upper resistance at $0.33, which would signal a shift from defensive consolidation to offensive momentum.

    Bearish Risk for TRON

    The bearish scenario for our TRX price prediction involves a breakdown below the critical $0.28 support level. Such a move would target the strong support at $0.27, representing approximately 4% downside risk. A more severe breakdown could test the psychological $0.25 level, though this appears unlikely given current oversold conditions.

    Key risk factors include broader crypto market deterioration, regulatory concerns affecting TRON’s ecosystem, or failure to hold the $0.29 pivot point that multiple analysts have identified as crucial.

    Should You Buy TRX Now? Entry Strategy

    The current technical setup suggests a favorable risk-reward profile for accumulating TRX positions. Our recommended entry strategy focuses on the $0.28-$0.295 range, with the strongest buy signal occurring on any dip toward $0.28 where Bollinger Band support converges with historical price action.

    For risk management, a stop-loss below $0.27 (approximately 4% risk) provides protection against a meaningful breakdown while allowing room for normal volatility. Position sizing should remain conservative given the uncertain broader market environment, with a suggested allocation of 2-3% of portfolio value.

    More aggressive traders might wait for confirmation above $0.31 before entering, sacrificing some upside potential for higher probability signals. This approach aligns with our medium-term TRON forecast targeting the $0.32-$0.35 range.

    TRX Price Prediction Conclusion

    Our comprehensive TRON technical analysis supports a cautiously optimistic TRX price prediction over the next month. The convergence of oversold indicators, critical support levels, and analyst consensus around $0.32-$0.35 targets creates a compelling setup for patient investors.

    Confidence Level: Medium-High for the $0.31-$0.33 range, Medium for the full $0.35 target.

    Key indicators to monitor include RSI moving above 40 (confirming oversold bounce), MACD histogram turning positive, and price action above the $0.31 resistance level. Our TRON forecast timeline expects initial moves within 1-2 weeks, with full target achievement possible within 2-4 weeks assuming broader market stability.

    The critical decision point for this TRX price prediction lies at the $0.29 level – a definitive break below would invalidate the bullish scenario and suggest further consolidation or decline.

    Image source: Shutterstock


    Source link

    Price predictions 11/3: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

    0

    Key points:

    • Bitcoin will complete a double-top reversal pattern on a close below the $107,000 support.

    • Several altcoins have broken below their immediate support levels, clearing the path for further downside.

    After October’s dismal performance, Bitcoin (BTC) has failed to change course. BTC has started the new month with a drop to the crucial support at $107,000, signaling that the bears are attempting to seize control.

    The demand from institutional investors has slowed down, as indicated by the $799 million in net outflows from BTC exchange-traded funds last week, according to Farside Investors’ data.

    Capriole Investments founder Charles Edwards said in a post on X that institutional buying had dipped below the daily mined supply for the first time in seven months, which was not a good sign. 

    Crypto market data daily view. Source: Coin360

    A minor ray of hope for the bulls is that BTC has recorded an average gain of 42.34% in November, according to CoinGlass data. However, traders should not rely solely on this historical figure, as BTC has closed November in the red on four occasions since 2018. That suggests the markets could swing either way.

    Could BTC extend its decline, pulling altcoins lower? Let’s analyze the charts of the top 10 cryptocurrencies to find out. 

    S&P 500 Index price prediction

    The S&P 500 Index (SPX) remains in an uptrend; however, the negative divergence on the relative strength index (RSI) suggests that the bullish momentum may be weakening.

    SPX daily chart. Source: Cointelegraph/TradingView

    Sellers will have to pull the price below the 50-day simple moving average (6,647) to signal strength. If they manage to do that, the index could start a deeper correction to 6,550 and then to 6,400.

    Buyers are likely to have other plans. They will try to defend the 20-day exponential moving average (6,764) and push the index above 6,920. If that happens, the index could rally to the 7,000 level.

    US Dollar Index price prediction

    The US Dollar Index (DXY) bounced off the 20-day EMA (98.92) on Wednesday, signaling a positive sentiment.

    DXY daily chart. Source: Cointelegraph/TradingView

    The index could rally to 100.50, where the bears are expected to mount a strong defense. If buyers do not allow the price to dip below the 20-day EMA, it increases the likelihood of a rally to the stiff overhead resistance at 102.

    The first sign of weakness will be a break and close below the 20-day EMA. That suggests the bears are active at higher levels. The index could then descend to the 50-day SMA (98.24).

    Bitcoin price prediction

    BTC turned down sharply from the 20-day EMA ($110,837) on Monday and subsequently plunged below the $107,000 support level.

    BTC/USDT daily chart. Source: Cointelegraph/TradingView

    A close below the $107,000 level will complete a double-top pattern, signaling the start of a corrective phase. The BTC/USDT pair could then decline to the psychologically significant level at $100,000. Buyers are expected to defend the $100,000 level with all their might, as a break below it may signal the start of a new downtrend.

    The bulls will have to push the price above the moving averages to indicate that the bears are losing their grip. The upside momentum could pick up steam after buyers thrust the Bitcoin price above $118,000.

    Ether price prediction

    Ether (ETH) turned down from the 20-day EMA ($3,937) and broke below the support line of the descending channel pattern on Monday.

    ETH/USDT daily chart. Source: Cointelegraph/TradingView

    The downsloping moving averages and the RSI below 37 suggest that the bears are at an advantage. If the price closes below the support line, the ETH/USDT pair could slump to the $3,435 to $3,350 support zone.

    This negative view will be invalidated in the near term if the Ether price turns up sharply from the current level and breaks above the moving averages. That suggests the markets have rejected the break below the channel. The pair could then climb to the resistance line of the channel.

    XRP price prediction

    Buyers tried to push XRP (XRP) above the 20-day EMA ($2.52), but the sellers held their ground. 

    XRP/USDT daily chart. Source: Cointelegraph/TradingView

    The bears will attempt to pull the XRP/USDT pair to $2.20, which is a crucial near-term level to watch out for. If the $2.20 support breaks down, the XRP price could dip to $2 and then to $1.80.

    Any recovery attempt is expected to face selling at the 20-day EMA and then at the 50-day SMA ($2.69). The bulls will have to thrust the price above the downtrend line to indicate a potential trend change.

    BNB price prediction

    BNB (BNB) closed below the 50-day SMA ($1,092) on Sunday, and the selling intensified on Monday.

    BNB/USDT daily chart. Source: Cointelegraph/TradingView

    The moving averages are about to complete a bearish crossover, and the RSI is in the negative territory, signaling that bears are in command. The $1,021 support has cracked, clearing the path for a dive to $932 and eventually to the Oct. 10 intraday low of $860. Such a move suggests that the BNB/USDT pair may have topped out in the near term.

    Time is running out for the bulls. They will have to quickly push the BNB price back above the 20-day EMA to signal strength.

    Solana price prediction

    Solana (SOL) turned down and broke below the uptrend line of the symmetrical triangle pattern on Monday, indicating that the uncertainty had resolved in favor of the bears.

    SOL/USDT daily chart. Source: Cointelegraph/TradingView

    The SOL/USDT pair could tumble to the strong support at $155. Any rebound off the $155 level is likely to face selling at the 20-day EMA ($190). If that happens, the Solana price risks a drop to $137.

    Conversely, if the price rises from the current level or $155, it suggests demand at lower levels. The bulls will then try to push the price above the 20-day EMA. If they succeed, the pair could rise to the resistance line.

    Related: Here’s what happened in crypto today

    Dogecoin price prediction

    Dogecoin (DOGE) remains stuck inside a large range between $0.14 and $0.29 for the past several days.

    DOGE/USDT daily chart. Source: Cointelegraph/TradingView

    The DOGE/USDT pair is likely to decline to the solid support at $0.14, which is expected to attract buyers. If the price rebounds off the $0.14 support and rises above the moving averages, it suggests that the range-bound action may continue for some more time.

    Sellers are likely to have other plans. They will attempt to sink the Dogecoin price below the $0.14 support and resume the downtrend. If they can pull it off, the pair could tumble to $0.10.

    Cardano price prediction

    Buyers tried to maintain Cardano (ADA) above the $0.59 level, but the bears renewed their selling on Monday.

    ADA/USDT daily chart. Source: Cointelegraph/TradingView

    The bears will attempt to sink the ADA/USDT pair to the crucial support at $0.50. Buyers are expected to fiercely defend the $0.50 level, as a break below it would open the door for a fall to $0.40.

    The bulls will have to drive the Cardano price above the 20-day EMA ($0.64) to gain strength. The pair could then rally to the breakdown level of $0.75, where the bears are expected to step in.

    Hyperliquid price prediction

    Hyperliquid (HYPE) slipped below the 20-day EMA ($42.73) on Sunday, indicating that the bears continue to exert pressure.

    HYPE/USDT daily chart. Source: Cointelegraph/TradingView

    The HYPE/USDT pair has dropped to the neckline and could extend the decline to the solid support at $35.50. Buyers are expected to aggressively protect the $35.50 level, as a break below it could accelerate selling. The Hyperliquid price could then collapse to $30.50 and later to $28.

    Instead, if the price turns up sharply from the $35.50 level and breaks above the 20-day EMA, it signals demand at lower levels. The pair could then swing between $35.50 and $52 for a few days.

    This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.