Tony Kim
November 1, 2025 06:29
TRX faces a key support test at $0.29, with analyst targets near $0.295. Technical indicators point to a consolidation ahead of a possible breakout of the $0.33 resistance.
TRON (TRX) is at an important technical crossroads as November 2025 begins, trading at $0.30 amid mixed signals from technical indicators. Recent analyst forecasts and TRON technical analysis suggest a period of upcoming consolidation with key support and resistance levels determining the next major price movement.
TRX Price Prediction Overview
• TRX short-term goals (1 week): $0.295 (-1.7% from current levels) • TRON medium-term outlook (1 month): Range from $0.29 to $0.33, bias towards $0.31 • Important levels to break for bullish continuation: $0.33 (immediate resistance) • Important support if bearish: $0.29 (strong support confluence)
Recent TRON price predictions by analysts
CoinLore’s latest TRX price prediction data reveals a cautiously optimistic outlook, although short-term pressure is expected. Analyst forecasts for the past three days show that the target price has gradually declined, from $0.2970 on October 28th to $0.2930 this week, a -3.87% adjustment from this week’s highest forecast.
This TRON forecast consensus around the $0.295 level closely aligns with the current technical support zone, suggesting that analysts are pricing in the cryptocurrency near the lower end of the Bollinger Band at $0.29. The medium confidence ratings for all forecasts reflect the mixed technical landscape currently unfolding and indicate uncertainty about TRX’s immediate direction.
Of particular note is that recent forecasts have converged around the $0.29 to $0.297 range, forming a narrow band that coincides with key technical support levels identified in our analysis.
TRX Technical Analysis: Preparing for Integration
The current TRON technical analysis reveals that the cryptocurrency is in a transition period, with indicators pointing to a period of sideways consolidation before a move in the next direction. The RSI value of 33.92 puts TRX in neutral territory but close to an oversold situation, suggesting limited downside momentum at current levels.
The MACD histogram at -0.0009 confirms that bearish momentum is maintained, while the relatively small size indicates weakening selling pressure. This technical setup is often done prior to a consolidation phase, during which price movements stabilize before going up or down.
TRX’s position within the Bollinger Bands tells a compelling story for price prediction. At 0.1958 in the %B indicator, TRON is trading much closer to the lower band ($0.29) than the upper band ($0.33), the zone where an oversold rally historically starts. The middle band at $0.31 represents the 20-period SMA and serves as the primary resistance target on any bailout rally.
Volume analysis shows $55.6 million in 24-hour trading on Binance, indicating sufficient liquidity for the TRX price target scenario outlined below.
TRON Price Target: Bullish and Bearish Scenarios
TRX Bullish Case
In the optimistic TRX price prediction scenario, TRON defends the support zone at $0.29 and begins a recovery towards the immediate resistance level at $0.33. This bullish case requires several technical conditions to align.
First, TRX must break above the Bollinger Bands lower support at $0.29. This is consistent with the strong support identified in our key trade-level analysis. If the defense is successful here, short covering may occur and attract buyers looking for an oversold rebound.
The primary TRX price target in this scenario is $0.33, which represents the top of the Bollinger Bands and an immediate resistance level. This target represents around 10% upside from current levels and coincides with the SMA 50 resistance zone. A break above $0.33 would open the door to test the second bullish objective, which is stronger resistance at $0.35.
An increase in trading volume of over 70 million daily on Binance would confirm the bullish momentum and support a move towards these upside targets.
TRON bearish risk
The bearish forecast scenario for TRON includes a breakdown below the key support level of $0.29, which could accelerate the selling towards the strong support zone identified at $0.29. However, a breakout will likely force TRX to test its 52-week lows around $0.21, given that both near-term support and strong support are concentrated at this level.
Key risk factors supporting this bearish case include the continued expansion of the negative MACD histogram, the failure of the RSI to recover from current levels, and broader crypto market weakness that could put pressure on altcoins like TRON.
The primary downside target for TRX price is $0.27, which is -10% downside from current levels and the midpoint between current price and 52-week low.
Should you buy TRX now? Entry strategy
Based on the TRON technical analysis, the current setup favors a wait-and-see approach rather than aggressive accumulation. The question of whether to buy or sell TRX largely depends on your risk tolerance and time horizon.
Conservative entry strategy: Check the volume and wait for a clear bounce from the $0.29 support level before establishing a long position. This approach reduces the risk of catching a falling knife while maintaining posture for a recovery scenario.
Aggressive entry strategy: Start with a small accumulation between $0.295 and $0.30 and plan to add weakness towards $0.29. This strategy requires strict risk management with a stop loss below $0.28.
Risk management: TRX positions must include a stop loss of less than $0.28 to limit downside risk. Given the mixed technical signals, position sizing should not exceed 2-3% of portfolio value.
Goal management: Unless broader market conditions support a breakout, a partial profit will lock in at $0.32 and a full profit at $0.33.
Conclusion of TRX price prediction
Our comprehensive TRX price forecast calls for price action between $0.29 and $0.33 over the next month, with a slight bias towards the lower end of this range in the near term. When analyst expectations converge around $0.295 and technical support converges at $0.29, a likely zone of price stability is formed.
Trust level: Confidence in holding support at $0.29 is moderate (65%) in the consolidation scenario and higher (75%).
Key indicators to monitor:
– RSI bounces towards 50 from current levels – MACD histogram begins to narrow – Daily volume expands above 70 million – Bitcoin and broader cryptocurrency market stabilizes
Timeline: The next 7-14 days will be critical to determine whether TRX is able to establish $0.29 as a starting point for a recovery or if further weakness develops. Our TRON forecast suggests resolution of the current technical setup should occur by mid-November 2025.
The ultimate direction will depend on TRX’s ability to defend the $0.29 support level while broader market conditions continue to support risk assets.
Image source: Shutterstock
