TRON is Trading 12.35% Above Our Price Prediction for Nov 18, 2024
TRON is predicted to decrease -13.08% in the next 5 days and hit a price target of $0.156221 per TRX. Check out today's TRON price prediction to learn why.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- TRON is down -5.97% today against the US Dollar
- TRX/BTC decreased by -6.81% today
- TRX/ETH decreased by -2.44% today
- TRON is currently trading 12.35% above our prediction on Nov 18, 2024
- TRON gained 9.38% in the last month and is up 71.21% since 1 year ago
| TRON price | $ 0.175507 |
| TRON prediction | $ 0.156221 (-13.08%) |
| Sentiment | Bullish |
| Fear & Greed index | 84 (Extreme Greed) |
| Key support levels | $ 0.172889, $ 0.157647, $ 0.149717 |
| Key resistance levels | $ 0.196061, $ 0.203991, $ 0.219233 |
TRX price is expected to drop by -13.08% in the next 5 days according to our TRON price prediction
TRON price today is trading at $ 0.175507 after losing -5.97% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -0.11% in the same time period. TRX performed poorly against BTC today and recorded a -6.81% loss against the world’s largest cryptocurrency.
According to our TRON price prediction, TRX is expected to reach a price of $ 0.156221 by Nov 18, 2024. This would represent a -13.08% price decrease for TRX in the next 5 days.
TRX Price Prediction Chart
What has been going on with TRON in the last 30 days
TRON has been displaying a positive trend recently, as the coin gained 9.38% in the last 30-days. The medium-term trend for TRON has been bullish, with TRX increasing by 34.76% in the last 3 months. The long-term picture for TRON has been positive, as TRX is currently displaying a 71.21% 1-year price change. On this day last year, TRX was trading at $ 0.102513.
TRON reached its all-time high price on Jan 05, 2018, when the price of TRX peaked at $ 0.302062. The current TRX cycle high is $ 0.191240, while the cycle low is at $ 0.007350. TRX has been displaying low volatility recently – the 1-month volatility of the coin is at 2.35. TRON recorded 15 green days in the last 30 days.
TRON technical analysis for today - Nov 13, 2024
The sentiment in the TRON markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 0.172889, $ 0.157647 and $ 0.149717, while $ 0.196061, $ 0.203991 and $ 0.219233 are the key resistance levels.
Bullish sentiment for TRON
29 indicators are currently signaling a bullish prediction for TRON, while 5 indicators are showing a bearish forecast. With 85% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for TRON.
Crypto market is currently experiencing Extreme Greed
Currently, the Fear & Greed index is at 84 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
TRON moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how TRON is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.167438 (BUY) | $ 0.163470 (BUY) | - | - |
| MA5 | $ 0.165461 (BUY) | $ 0.162484 (BUY) | - | - |
| MA10 | $ 0.163813 (BUY) | $ 0.161147 (BUY) | - | - |
| MA21 | $ 0.164274 (BUY) | $ 0.159087 (BUY) | $ 0.169667 (BUY) | $ 0.146442 (BUY) |
| MA50 | $ 0.160399 (BUY) | $ 0.154716 (BUY) | $ 0.117826 (BUY) | $ 0.129066 (BUY) |
| MA100 | $ 0.153299 (BUY) | $ 0.147697 (BUY) | $ 0.094208 (BUY) | $ 0.110155 (BUY) |
| MA200 | $ 0.138486 (BUY) | $ 0.137454 (BUY) | $ 0.069455 (BUY) | $ 0.082821 (BUY) |
| Period | Value | Action |
| RSI (14) | 79.98 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 97.86 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 28.91 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -2.14 | SELL |
| Ultimate Oscillator (7, 14, 28) | 74.94 | SELL |
| VWMA (10) | 0.17 | BUY |
| Hull Moving Average (9) | 0.17 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.17 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for TRON is at 79.98, suggesting that TRX is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of TRON over the last 50 days. Currently, TRON is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the TRX closing price for the last 200 days. TRX is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this TRON prediction
After considering the above factors, we can conclude that the current forecast for TRON price prediction is Bullish. TRX would have to decrease by -13.08% to hit our $ 0.156221 target within the next five days. Moving forward, it will be important to monitor the TRX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term TRON price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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