• TRON (TRX) is under pressure in terms of trading, but its fundamentals are still strong.
• Indicators depict an extremely fearful market, constant supply growth, and well-defined support areas.
• Predictions signal a slight recovery even though the bearish sentiment is prevailing.

TRON (TRX) once again confronts the wind. At today’s price of $0.2777, it has experienced a decline of 1.59% over the last twenty-four hours. The cryptocurrency market is at its coldest with an index of extreme fear of 24.

Nevertheless, TRX has not been affected and continues to have a remarkable market capitalization of $26.29 billion and very high trading activity of $1.15 billion in the last twenty-four hours. Traders are cautious. However, the network is still active.

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TRON’s Weight of Time

The saga of TRON is a saga of steep climbs and tough descents. It saw the heights of $0.4421 on December 3, 2024, which now seems like a very distant place, the day when it was at its highest. Prior to that, it was in September 2017, when it was at $0.001091, nearly zero. From its peak, it went down to $0.2051 and after that, it reached $0.3697, which was its highest point in that cycle.

Despite the market’s fluctuating sentiment and even though it is currently in the bearish phase, the market is still stable. TRX has a circulating supply of 94.68 billion, which comes with an annual inflation rate of 9.70% thus adding a total of 8.37 billion TRX into circulation over the last year alone.

Regarding its position among different groups of coins, TRX ranks #4 in the case of Proof-of-Stake, #1 in the case of its own network, and #6 in the case of the Layer-1 sector.

The past years depict different images. In 2017, TRX skyrocketed by 2,077.80%. The Following year, it decreased by 57.63%. However, the average annual increase over nine years is a very strong 309.85%. It is at its best in Q4, where the average gain is 239.01%, and it is at its worst in Q3, with only 6.66%.

TRON’s Road Ahead

Predictions indicate that TRON might increase by 7.97% by the end of December 2025, reaching a price of $0.2983.

The 200-day simple moving average in the long run is projected to reach $0.2994, while the 50-day simple moving average (SMA) in the short term may be $0.2861. All these figures reflect a gradual but certain movement towards the higher ground.

The Relative Strength Index (RSI) is located at 42.12, which is a neutral position, not excessively high, not excessively low. The pivot points have established the support levels at $0.2800, $0.2782, and $0.2766, and the resistance levels at $0.2833, $0.2849, and $0.2867. The market moves not outside of these tight boundaries.

Correlation speaks for itself. TRON is tightly correlated with BAT, SKY, MNT, FLR, and XMR. It has the least similarity to TWT, XDC, ASTER, APT, and TRUMP. The correlation of TRX with top-10 coins is slightly negative (0.077) while with top-100 coins, it is moderately positive (0.143).

TRON is available for trading on a total of 127 cryptocurrency exchanges, among which Binance and KuCoin are the largest ones. Over the last 24 hours, TRX worth $1.16 billion was traded. If you intend to buy TRX, refer to our tutorial on how to buy TRON in 6 easy steps.

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