- TRON’s growing network activity and bullish momentum have analysts predicting a potential TRX surge to $1 in this cycle.
- TRX holds firm above key support levels, with traders eyeing a continued rally fueled by strong market demand.
TRON’s recent expansion fuels renewed bullish predictions for TRX, with leading analysts weighing in and projecting a bright future for the Justin Sun-backed token. Notably, Ali Martinez highlighted a significant rise in TRON’s network activity, while Crypto Patel suggested that TRX could potentially reach the elusive $1 mark in this cycle.
At the time of writing, TRX saw a modest 1% gain, trading at $0.2450. The token moved between $0.2410 and $0.2465 intraday, signaling an ongoing upward trajectory. Notably, this aligns with the broader crypto market, which has been riding a recovery wave, boosting investor sentiment across major assets.
Crypto Patel emphasizes TRON’s strong bullish momentum, reinforcing the idea that $1 is within reach. His price chart revealed that TRX holds firm support at $0.140, a level that remains critical for maintaining the uptrend. If the token stays above this zone, Patel believes the rally could continue.
For traders seeking an entry point, Patel marked the best ‘buy zone’ between $0.160 and $0.180. However, TRX’s current price is already well above that range, indicating solid demand that could push the token to new highs.
202% Surge Sparks Bullish Hope
A significant trendline spanning multiple years supports TRX’s growing momentum. A yellow trajectory tracking an impressive 202.61% gain, reinforcing long-term bullish pressure. Additionally, TRX’s current 7-year price scale (July 2019–July 2026) outlines key levels ranging from $0.0046 to $0.5500, with major zones at $0.1300, $0.1700, $0.2200, $0.2436, and $0.3015.
History has already demonstrated TRX’s potential for massive gains. In October 2023, analysts predicted a 200-300% price surge, and the token later soared to $0.426 in December 2024. Despite market fluctuations, past price action remains an encouraging reference for traders eyeing another bull run.
Beyond price movement, the TRON network itself has been experiencing rapid expansion. As of March 4, network activity reached a two-month high, underscoring growing market interest in the blockchain. According to Ali Martinez, 2.94 million active addresses were recorded recently, reflecting an uptick in usage and engagement.
Broader market conditions have also played a crucial role in fueling optimism. Bitcoin and other altcoins have surged amid pro-crypto developments in the U.S., with government discussions around regulatory clarity adding fuel to the fire.
Former U.S. President Donald Trump’s announcement regarding a strategic crypto reserve has further strengthened bullish sentiment. Meanwhile, anticipation is building for the upcoming U.S. crypto summit on Friday, where investors hope for positive regulatory signals that could push the market higher.
Can TRX Hit $1 This Cycle?
With strong technical support, rising adoption, and a favorable macroeconomic backdrop, TRX’s path to $1 appears possible—but challenges remain. While past performance suggests major gains could be in store, market conditions will ultimately dictate whether TRON can break through this psychological barrier.
Oh yea , you still can’t buy $TRX in the United States.
What will happen once that changes ?! 🤔
$1 #TRX is inevitable @justinsuntron
— Juice (@crypto_pisano) February 19, 2025
TRX’s resilience above $0.2436 recently flipped from resistance to support. If the token maintains this position, a sustained rally could follow.
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Source: https://www.crypto-news-flash.com/tron-network-expansion-fuels-trx-1-next/?utm_source=rss&utm_medium=rss&utm_campaign=tron-network-expansion-fuels-trx-1-next