TRX Price Prediction: Will TRX Hit $1 in the Current Market Cycle?

#TRX

• Technical Positioning: TRX trades below its 20-day moving average but shows potential bullish momentum in MACD indicators
• Market Environment: Bitcoin's surge past $125K and growing altcoin interest create favorable conditions for TRX appreciation
• Growth Requirements: TRX needs approximately 199% growth from current levels to reach the $1 target, requiring sustained bullish momentum

TRX Price Prediction

TRX Technical Analysis

According to BTCC financial analyst Michael, TRX is currently trading at $0.3346, slightly below its 20-day moving average of $0.33874. The MACD indicator shows a reading of 0.000087 with a signal line at 0.001485, indicating potential bullish momentum building. The Bollinger Bands position TRX between $0.331771 and $0.345709, suggesting the cryptocurrency is trading in a relatively tight range near the middle band.

Michael notes that while TRX faces resistance at the upper Bollinger Band, the MACD configuration suggests gradual upward pressure could develop in the NEAR term.

Market Sentiment Analysis

BTCC financial analyst Michael observes that current market sentiment appears cautiously optimistic. The surge in Bitcoin past $125,000 and growing interest in high-potential altcoins for the 2025 bull run creates a favorable backdrop for cryptocurrencies like TRX. However, Michael cautions that the Chinese memecoin crash and potential short squeeze scenarios require careful monitoring.

The analyst emphasizes that BNB Chain's outperformance in fee generation compared to ethereum and Solana indicates shifting market dynamics that could benefit established projects like TRON.

Factors Influencing TRX's Price

Bitcoin Traders Tilt Bullish as Short Squeeze Looms Amid Chinese Memecoin Crash

Bitcoin surged past $121,000 after dipping below $120,000 overnight, with privacy coins like ZEC and DASH posting sharp gains. Decentralized exchange traders leaned bullish, favoring out-of-the-money calls on BTC and ETH. Analysts maintained a constructive outlook, citing institutional flows and ETF liquidity as key drivers.

"The market is coiled at elevated levels—calm, liquid, and quietly bullish," said Timothy Misir of BRN. "ETFs bridge traditional and digital finance, while macro liquidity and corporate adoption support further upside."

Derivatives data reveals a potential short squeeze trigger at $121,600, with Coinglass noting liquidation risks for BTC perpetual shorts. Glassnode observed a leverage reset flushing excess positioning, though BTC futures open interest remains near record highs at 755K BTC.

Altcoins saw divergent trends: BNB, XRP, ADA, and TRX faced futures OI declines, while BTC and ETH edged up 1% and 0.4%, respectively. The XMR market showed signs of overheating.

Bitcoin Surges Past $125K as Investors Eye High-Potential Altcoins for 2025 Bull Run

Bitcoin's breakthrough above $125,000 has reignited interest in the crypto market, with investors scrambling to identify the next wave of high-growth opportunities. Among the contenders, hybrid meme coin BullZilla ($BZIL) is generating significant presale momentum, having already raised $850,000 from 2,800 holders.

The project's staged presale structure shows dramatic early returns - Stage 1A investors have realized 2,318% gains at current prices of $0.00013907, with projections suggesting potential returns exceeding 3,690% at launch. Established assets like XRP and TRX continue to demonstrate staying power, while newcomers MoonBull and La Culex complete the roster of projects capturing trader attention.

Market observers note this selective interest reflects a maturation in crypto investing, where fundamentals and community strength outweigh pure speculation. The convergence of Bitcoin's dominance with innovative altcoin projects suggests 2025 could mark a new phase of institutional-grade growth in digital assets.

BNB Chain Leads Blockchain Fees Amid Trading Surge, Outperforms Ethereum and Solana

BNB Chain has solidified its position as the most actively used blockchain in October 2025, generating $7.88 million in daily network fees—its second-highest level in three years. The surge was driven by meme coin launches and decentralized perpetual trading activity, propelling it ahead of competitors like Ethereum, Solana, and Tron.

Retail trading momentum on BNB Chain remains robust despite BNB's 5% pullback from daily highs to $1,232. Year-to-date, BNB has surged 113%, securing a $179 billion market cap and ranking as the third-largest cryptocurrency behind Bitcoin and Ethereum.

Decentralized exchange volume on BNB Chain hit $6.05 billion in 24 hours, eclipsing Solana's $4.73 billion. PancakeSwap dominated liquidity flows, processing $4.53 billion alone, as perpetual futures activity exceeded $100 billion in recent weeks.

Will TRX Price Hit 1?

Based on current technical indicators and market conditions, BTCC financial analyst Michael provides this assessment of TRX's potential to reach $1:

Michael suggests that while reaching $1 represents significant growth from current levels, the combination of improving technical indicators and positive market sentiment around altcoins makes this target plausible in an extended bull market scenario. However, investors should monitor key resistance levels and broader market trends closely.