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TRON [TRX] Price Prediction: Will TRX’s Price Rise To $0.25 In 2022?

9 Apr, 20229 min readAnalytics
TRON [TRX] Price Prediction: Will TRX’s Price Rise To $0.25 In 2022?

Tron is considered one of the most sought-after currencies in the crypto world. And boasts a wide range of adoption and utility. Presently, there are more Decentralized Applications (DApps) on the TRON network than on any other system like Ethereum.

As more DApps join the system every now and then, Tron continues to hold its popularity in the crypto ecosystem. This popularity often begs the question of what the future holds for TRX’s price. Is it a viable project in the long run or just based on “thin air”? Find out with this detailed Tron price prediction for 2022 and the incoming years.

Tron had initiated the year with a bearish trap, with its price at $0.07502. The stronghold of the bears pushed the price further, where it found support at $0.063 on the 10th of January. Whilst it did pose a leg-up to $0.0725 over the week. Turbulence in the market pushed the price to its quarterly bottoms at $0.0514, by the 24th of January.

However, the digital asset managed to rise back to $0.0703, by the 10th of February. Thereafter volatility coming from torrential torments influenced a sideways momentum. Wherefore, the asset hovered close to its support levels. That said, TRX’s price posed an uptrend towards the end of the quarter, taking the price to $0.07874.

TRON’s (TRX) Price Prediction For Q2 Of 2022

TRX price had taken a plunge back to its support levels since the start of the second quarter. The price is presently changing hands at $0.0635. If the bulls regain momentum at $0.066 and push the asset toward $0.0744, the uptrend would get validated. A clear breakout from the zone could drastically uplift the price by ~$51.5% to its quarterly closure at $0.1128.

That said if the bears continue to haunt the rally. Then the TRX price could settle down to a multi-month low of $0.0548. Collectively, factoring in the projections of the price could settle at regular levels of $0.08772.

TRX’s Forecast For Q3

With the announcement of newer collaborations, the roll-out of upgrades, and outperforming dApps. TRX price could skyrocket to a maximum of $0.1646. On the flipside, negative criticism and a dump in the market could land the price at $0.834. That said regular trade practices could let the price settle at intermediate levels of $0.1064.

TRX Prediction For Q4

If Tron finds overwhelming volumes coming from investors and traders, with the optimism of the final quarter. The price of TRX could soar to create a new ATH of $0.24063. In contrast, depleting volumes and lack of interest could deter the projection. Taking the numbers down to $0.1194. That said, usual buying and selling pressures could settle the price at $0.15249.

TRON’s Price Forecast For 2023

The Tron network might focus on the betterment of its platform so that it can increase its userbase. Whilst garnering the interest of marketers with its lower transaction fees. By the end of 2023, Tron might exchange trades at its potential high of $0.352. On the contrary, if regulatory fears continue to threaten, then it could plummet to a bottom of $0.154.

Price Prediction For The Next 5 Years

Over the next five years, we could find more organizations embracing the technology. The impetus could come from publishing start-ups or music start-ups. As the prediction depends on its acceptance ratio, the TRX price could reach a maximum trading value of $1. On the flip side, the possibility of negative trends cannot be ruled out. Which can take the price down to $0.468.

What Does The Market Say?

The Tron coin is always a top discussion topic for many experts.

Trading Beasts:

As per Trading Beast’s predictions, the TRX price is revised to hit a maximum price of $0.1049. And a minimum of $0.0713 by the end of 2022. That said, the token is expected to trade at an average price of $0.0839. The website anticipates Tron to trade at a maximum price of $0.106 by 2023 and $0.1679 by 2025.

Wallet Investor:

Wallet Investor predicts TRX Price to reach a maximum of $0.121, by the end of 2022. The website’s metrics suggest that the Tron price may hit a maximum of $0.167 by the end of 2023. And a potential high of $0.271 by the end of 2025.

Digital Coin Price:

According to the firm, the TRX price would reach an average of $0.0852 by the end of 2022. That said, it is expected that the Tron price may rally to $0.14 by 2025.

Long Forecast:

The website forecasts that Tron could reach the price of $0.056 by the end of 2022. The website expects a bearish run in the long-term, the firm pins the maximum price target for 2023 at $0.074. And the potential high for 2025 at $0.048.

To read our in-depth price prediction of Ethereum Classic (ETC) click here!

Tron is a blockchain platform that came into existence in 2017. Justin Sun is the founder, who had previously worked for Ripple. The protocol aims to transform and expand the way digital content and publications operate. Moreover, the protocol makes it easier to share content with major service providers like YouTube or Facebook as content creators.

Tron (TRX) is a leading coin by market cap, that emanated as an ERC20 token on the Ethereum network. By April 2018, Tron migrated to its own smart computing system. Tron strives to be an Ethereum opponent, meaning its aim is to be a smart contract protocol that can host decentralized apps. And it has achieved major milestones with respect to the same.

Fundamental Analysis

In September 2017, CoinMarketCap listed Tron at $0.002, with a trading volume of $48,512. The price of Tron was $0.044682 in early January 2018, later the price reached $0.22 on 5 January 2018.

TRX had its best years between its first two years of existence. Listed in 2017, the cryptocurrency was changing hands at $0.002 and had next to nothing trading volumes. However, in 2018, in January, the coin experienced its first major pump which pushed the price to $0.05. Fast forward to 2022, at press time the ROI of TRX is at 2982.85%.

Our Price Prediction For TRX

There are minor changes in the TRX cryptocurrency price forecast. Perhaps the cryptocurrency will gradually grow over the years. It all depends on the development and the efforts of the team.

As per Coinpedia’s formulated TRON, price prediction, the estimated cost of cryptocurrency in the year 2022 may hit the $0.24 mark. That said, by the next five years the price of TRX could claim its potential high of $1.

Historical Price Sentiments

2017

In September 2017, CoinMarketCap listed Tron at $0.002, with a trading volume of $48,512. The price maintained a similar range till the first week of December 2017. By the end of 2017, the price surged high to $0.05 to form the yearly highs.

2018

The price of Tron was at $0.044682 in early January 2018. Later the price reached $0.3 on the 5th of January, to mark an all-time high. However, the spike was short-lived and the price dropped drastically within a month close to $0.044.The price again spiked a little in mid of 2018. And dipped again to its lowest level of close to $0.01 by the end of 2018.

2019

Ever since there has been no change in the price. The whole of 2019 passed with minor fluctuations with no major spikes in the TRX price. June 2019 saw TRX price reaching $0.04 which is the all-time high of 2019. TRX price ended 2019 with a low value of $0.013406. The 2019 price was completely different from earlier TRON predictions.

2020

Tron began the year trading around $0.015. There had been a progressive price increase from the first quarter of the year until mid-February. Around February, the price of Tron had touched about $0.025 before the inbound downfall.

Towards the end of Q1 2020, Tron began with a price plunge which drove its price down to $0.008. This is however the lowest point attained so far this year. Into the beginning of the second quarter, around April, prices marched upwards touching $0.015 again. The surge continued into May as prices tried to set major support above the level.

However, a surge beyond the $0.02 level proved abortive. As TRX fell below and had been trading between $0.015 and $0.02 levels since the beginning of this quarter.

2021

TRX entered the year 2021 with a price of $0.02 in early January. On January 4th, 2021, the TRON network confirmed its partnership with the PRC National Development and Reform Commission. This resulted in a study rise in the currency and the price hit $0.1646 on April 15, 2021. Due to the market crash on May 19th, the price plunged back reaching $0.05572 in June.

As a result of TRON’s continued efforts to decentralize the web, the number of daily transactions surpassed 9,298,611 on July 28th. Setting a new all-time high, with an uptrend, the TRX price hit $0.1161 on the 16th of September 2021.

Speculations on economic turmoil coming out of the Chinese market. And raising funds over the US Federal Reserve’s infrastructure bill resulted in a TRX price downtrend. After facing heavy rejection at upper resistance of $0.1236. The altcoin plummeted and experienced a steep fall to $0.0775 by the year’s end.

Click here to read our detailed price forecast of Bitcoin Cash (BCH)!

FAQ

A: TRX price could possibly hit its potential high of $0.24063 by the end of 2022.

A: The Ethereum ecosystem is currently facing a serious problem of huge gas fees. Therefore, addressing the issue, Tron blockchain claims to lower the transaction fees.

A: Tron’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken, amongst others.

A: The price of the digital asset could possibly close its trade with a maximum price tag of $1 by the next five years.

A: Yes, Tron is a profitable investment in the long term, the ROI of TRX since its inception is up 2982.85%.

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