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Unmissable trade opportunity on TRON today

Tron (TRX) surges by 8% following Nasdaq listing, targeting record-breaking peak. Examining technical indicators and long-term trading tactics for potential swings.

Unmissable trading opportunity on TRON today
Unmissable trading opportunity on TRON today

Unmissable trade opportunity on TRON today

Tron (TRX) has shown resilience over the past few months, with a clear bullish momentum on its weekly chart. The cryptocurrency has been making steady progress, and increased activity on the Tron blockchain could bring a new bullish wave.

In the current focus, a potential new All-Time High (ATH) for Tron (TRX) in the coming weeks is under scrutiny. However, a new ATH for Tron at $0.80 in 2025 is not imminent according to current technical analysis and price predictions. Most forecasts for 2025 place TRX well below $0.80.

The dominant 2025 price outlooks suggest TRX could reach between approximately $0.38 and $0.73, with average targets mostly under $0.60. Coinpedia projects a potential high of $0.73 in 2025, with an average price around $0.56 and a possible low near $0.39.

CoinDCX anticipates that TRX may rise above recent highs near $0.45 with bullish momentum but does not specifically predict $0.80 in 2025. They highlight a longer-term potential to reach $1 but indicate volatile conditions and some downward pressure could persist.

Cryptopolitan notes bullish technical signals in the latter half of 2025, with an expected trading range for 2025 between about $0.17 and $0.51, and an average price near $0.43. For 2026, they suggest a possible range extending up to around $0.80, but not specifically in 2025.

Factors limiting a TRX price rally to $0.80 or beyond within 2025 include competition from other major blockchains, regulatory risks, and the high volatility commonly seen in crypto markets.

Despite the moderated growth trajectory, the potential gains for Tron (TRX) are significant. The potential gains at $0.8 for the recommended TRX trade are 700%. If BTC breaks through the $130,000 mark, significant gains can be expected for TRX.

The take profits for the recommended TRX trade are at $0.45, $0.60, and $0.8. The entry price for the recommended TRX trade is between $0.28 and $0.33. The solid support for TRX is at $0.277. The liquidation or stop loss for the recommended TRX trade is below $0.27.

Tron briefly broke through the resistance at $0.33 and is currently holding at that level. A potential Bitcoin drop to $112,000 could occur, which might impact the TRX market.

Tron's arrival on Wall Street might have positively impacted investors. On July 29, Tron increased by 8% following its entry into Nasdaq. The author, Charles Ledoux, a Bitcoin and blockchain technology specialist, suggests a long trade on Tron (TRX) with a potential gain of 700%.

However, the context ahead of the FOMC meeting this Wednesday is still tense for Tron (TRX). Investors are advised to closely monitor market movements and adjust their strategies accordingly.

[1] CoinDCX. (2021). Tron Price Prediction 2025. Retrieved from https://coindcx.com/insights/tron-price-prediction-2025

[2] Coinpedia. (2021). Tron (TRX) Price Prediction 2025. Retrieved from https://coinpedia.org/price-prediction/tron-price-prediction/

[3] Cryptopolitan. (2021). Tron Price Prediction 2025: Can TRX Reach $1 by 2025? Retrieved from https://cryptopolitan.com/tron-price-prediction-2025/

  1. Attending the crypto academy could provide insight on Tron's (TRX) potential growth, as the technology underpinning it is expected to shape its future.
  2. As technology continues to evolve, the ongoing competition between blockchains like Tron (TRX) could significantly influence their prices in the future.

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