Tron Price Surges to 1.5-Year High Near $0.38
- Price Breakout: Tron (TRX) has surged to a 1.5-year high near $0.38, trading around $0.376, which is approximately 40% higher than February lows, indicating strong market demand and investor confidence driven by rising stablecoin activity and bullish derivatives positioning.
- Stablecoin Market Share: As of Q1 2026, the total value of USDT circulating on Tron surpassed $85 billion, elevating its share of the global stablecoin market above 27.3%, reinforcing its role as the dominant settlement layer for low-fee cross-border transfers and emerging market payments.
- Transaction Volume Innovation: According to Binance data, Tron processed a record 978.3 million transactions in Q1, with an average daily throughput of 126 transactions per second, highlighting its status as the preferred network for dollar-denominated remittances in Asia and Latin America, which has driven an increase in daily fee generation.
- Corporate Demand Boost: On May 25, Tron Inc. disclosed adding nearly 137,000 TRX in a single day, raising its treasury holdings above 697 million TRX, which has reduced available spot liquidity during breakout attempts, reflecting market confidence in Tron’s future growth potential.
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Technical Analysis for TRX
Technical Sentiment Analysis for TRON (TRX). As of , TRON (TRX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 4 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TRX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TRX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TRON (TRX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.328 | 0.341 | 0.352 | 0.365 | 0.376 | 0.389 | 0.4 |
| Fibonacci | 0.341 | 0.35 | 0.355 | 0.365 | 0.374 | 0.38 | 0.389 |
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