TRON price analysis by Coindol.com. TRX has dropped to a low of $0.30 after breaking below the $0.33 support.
TRX price long-term forecast: bearish
The cryptocurrency fluctuated above $0.33 before its decline. Currently, buyers are purchasing the dips as the altcoin rises to $0.325. On the upside, bearish momentum will subside if buyers push the price above $0.33. However, if sellers maintain control, selling pressure will persist at $0.30 and $0.29. Today, TRON is $0.315.
TRX indicator analysis
A long candlestick wick pierced the $0.30 support on October 10. The extended tail indicates strong buying demand at lower price levels. The price bars on both charts are below the moving average lines, which are sloping downward. A decline is signalled by the 21-day SMA being below the 50-day moving average.
TRX/USD daily chart – October 11, 2025
What is the next move for TRON?
TRON’s price fell to $0.30 but has since rebounded. Selling pressure has paused above the $0.315 support as TRON corrects upward. On the upside, the move will face resistance at $0.325. However, a rejection at the current high will renew selling pressure.
TRX/USD 4-hours chart – October 11, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/tron-falls-but-holds/
