TLDR
- TRON (TRX) is currently trading at $0.30, maintaining a strong bullish trend
- TRX is positioned above all key moving averages with technical indicators showing strength
- USDT supply on TRON network has surpassed $80 billion, marking a significant milestone
- 2025 has already seen over $22 billion worth of USDT (TRC20) minted, 38% above previous years
- Three separate $2 billion USDT mints occurred on the network this year, showing institutional demand
TRON (TRX) continues to exhibit strong bullish momentum as it trades at $0.30, despite a minor 24-hour dip of -0.76%. The cryptocurrency has been on an upward trajectory since March, supported by robust technical indicators and increasing adoption of its network for stablecoin transactions.
The technical landscape for TRX remains decidedly positive. The price is comfortably positioned above all key moving averages, with the SMA7 at $0.30, SMA20 at $0.29, SMA50 at $0.28, and SMA200 at $0.25. These levels provide strong support for the current price action and confirm the ongoing uptrend.
Momentum indicators further reinforce this bullish outlook. The RSI(14) stands at 69.39, approaching but not yet in overbought territory. This suggests strong buying pressure remains in the market. The MACD is positive at 0.0071, with a bullish histogram of 0.0016, adding to the positive momentum signals.
TRX is currently testing its pivot level of $0.30, with resistance at $0.31. A successful breakout above this resistance could pave the way for further gains, potentially targeting the $0.35 level or even approaching its 52-week high of $0.43 in a highly bullish scenario.
The cryptocurrency’s strong performance can be attributed in part to its growing role in the stablecoin economy.
TRON’s Stablecoin Dominance
One of the most compelling aspects of TRON’s recent performance is its increasing dominance as a platform for stablecoin transactions, particularly USDT. The total amount of USDT issued on the TRON network has now surpassed $80 billion, marking a new milestone for the blockchain.
What makes this figure particularly impressive is the pace of growth. In just the first half of 2025, over $22 billion worth of USDT (TRC20) has already been minted on the TRON network. This figure far exceeds the full-year totals for both 2023 and 2024, which each saw around $16 billion in USDT issuance.
The explosive growth in USDT supply highlights TRON’s efficiency as a low-cost, high-speed settlement layer for stablecoin transactions. Users are increasingly drawn to the network’s scalability and cost-effectiveness for handling both small and large-volume transactions.
2025 has also witnessed three separate $2 billion USDT mints on the network—a pattern entirely absent in 2024. These high-volume issuances typically indicate large-scale institutional demand or major infrastructural deployments, showcasing the growing trust in TRON as a foundational layer for stablecoin activity.
Technical Analysis and Price Outlook
The 12-hour chart for TRX/USDT shows a clear bullish structure, with TRON holding firmly above the $0.30 level after a strong breakout in early July. This represents a continuation of the uptrend that began in March, with the price consistently making higher lows and higher highs over the past four months.
TRX remains well above its key moving averages—the 50 SMA ($0.2821), 100 SMA ($0.2787), and 200 SMA ($0.2658)—all of which are sloping upward. This alignment confirms that buyers are firmly in control of the market direction.
For traders looking to capitalize on TRX’s bullish trend, several strategies present themselves. Breakout traders should monitor the $0.31 resistance closely, as a confirmed breakout above this level with strong volume could signal an entry point for long positions. Meanwhile, those seeking a more conservative approach might watch for a retracement to support at $0.27, which could provide a favorable risk-reward entry point.
The recent breakout above $0.30 is particularly important as it clears a psychological resistance level that had capped TRX since late 2024. If the cryptocurrency can hold this zone as support in the coming sessions, it would strengthen the case for continued upward movement toward higher targets in the $0.32–$0.34 range.
While the lack of recent news regarding TRON might imply market stability, it also means that TRX’s price movement is currently being driven primarily by technical factors and broader market sentiment. The absence of external catalysts suggests that traders are relying heavily on technical signals to guide their strategies.
TRX is trading near the upper Bollinger Band ($0.31) with a %B value of 0.8255, highlighting strong bullish momentum and potential for a breakout if it breaches resistance levels. The Average True Range (ATR) stands at $0.01, indicating relatively low volatility, which may appeal to risk-averse traders.
The breakout above $0.30 is particularly significant as it clears a psychological resistance level that had capped TRX since late 2024. Holding this zone as support in the coming sessions would strengthen the case for continuation toward higher targets.
At present, TRON’s price stands at $0.3026, maintaining its position above key support levels while testing resistance. The cryptocurrency appears well-positioned to continue its upward trajectory as it benefits from increasing stablecoin activity on its network.
The post TRON (TRX) Price: Technical Indicators Show Continued Bullish Momentum as Token Trades at $0.30 appeared first on Blockonomi.
Source: https://blockonomi.com/tron-trx-price-technical-indicators-show-continued-bullish-momentum-as-token-trades-at-0-30/