TRON (TRX) has been on a remarkable journey, with its price trading between $0.19 and $0.23. Following a monthly low of $0.15, the TRX price skyrocketed by 18% to reach a month-high of $0.22. Despite a slight dip, the Tron coin has showcased resilience, maintaining its value above $0.19.
As the Tron price prediction 2024 gains traction, analysts are optimistic. Crypto_pisano predicts that TRX crypto could surpass the $0.50 mark, aiming to breach its 2018 all-time high (ATH) of $0.30. Meanwhile, Tutdenizka suggests that a breakout above the $0.22 resistance could propel Tron crypto price further. The TRX price is currently supported by technical indicators, trading above the 20-SMA ($0.18) and 20-EMA ($0.19), signaling bullish momentum.
If the Tron ecosystem maintains its momentum and the Tron coin price stays above $0.20, there is potential for the price to test the upper resistance at $0.251 by year-end. Looking ahead to Tron price prediction 2025, sustained DeFi growth could push the price above $0.30, with a potential swing high of $0.330. However, regulatory pressures may lead to a downside scenario, with prices possibly retreating to $0.15.
Overall, TRON remains one of the altcoins to watch, with December holding promise for further gains.