The price of TRON (TRX) has fallen below the moving average lines but has now paused above the 50-day SMA support.
TRON price long-term forecast: bearish
The price of the cryptocurrency has fallen from a high of $0.367 to a low of $0.334. If the 50-day SMA is breached, TRON is expected to fall below this support level, according to the price indicator. The altcoin will fall to a low of $0.32. On the upside, TRON will resume its uptrend if buyers keep the price above the 21-day SMA barrier. The cryptocurrency is $0.34 at the time of writing.
TRON indicator analysis
The price bars have been trapped between the moving average lines since the 25th of August, as Coinidol.com reported. The altcoin trends down when the 21-day SMA barrier or the 50-day SMA support is breached.
Despite the bearish trend, the moving averages are trending upwards. On the 4-hour chart, the moving average lines are sloping downwards, indicating a downtrend.
Technical Indicators
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Key Resistance Zones: $0.40, $0.45, and $0.50 -
Key Support Zones: $0.20, $0.15, and $0.10
TRON/USD price chart, September 3, 2025
What is the next development for TRON?
TRON is trading sideways after hitting a low of $0.33 on the 4-hour chart. The cryptocurrency has been trading above the $0.33 support level but below the moving averages and the $0.345 resistance level. On the upside, TRON will restart its bullish trend if it surpasses the initial barrier at $0.345.
TRON/USD price 4-hour chart, September 3, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.