Market watchers are turning their attention to TRON as fresh weekly highs hint at a potentially significant move ahead. Following a steady climb beyond $0.30, TRX is currently trading around $0.33 and displaying signals of entering a more robust trend phase, which technical indicators have been suggesting for several weeks.
TRON is currently trading near $0.33, representing a 0.96% gain over the past 24 hours. The cryptocurrency appears to be building momentum as it approaches key resistance levels that could determine its next major price movement.
Weekly Breakout Signals Potential Path to $1
TRON has been developing one of the cleaner macro structures in today’s market environment. Weekly chart analysis reveals the price maintaining a comfortable position above both the 25-week and 99-week moving averages, with the MA(25) serving as dynamic support near the $0.24 level. Price action has consistently formed higher lows throughout recent months, and the latest breakout above $0.30 reinforces the possibility that TRX may be entering a more rapid trending phase.
Technical analyst Wombat86 has identified potential for TRX to reach $1 during this market cycle, with chart patterns supporting this projection. The immediate focus remains on the $0.35 level, followed by historical resistance around $0.45, which represents the 52-week high.
🚀 $TRT READY TO EXPLODE? Bullish Setup on MEXC 🔥
Current: $0.67*
Key signals:
✅ Strong bounce from $0.65 support (3x volume surge)
✅ Bull flag forming on 4H chart
✅ MACD & RSI turning bullish
✅ Breaking resistance at $0.70 = ACCELERATION!Targets:
🎯 $0.74… pic.twitter.com/NWCzURCjRt— TRUST AI (@TRUST_AI_) July 30, 2025
Daily Structure Maintains Bullish Momentum
Building upon the strong weekly breakout, TRON’s daily chart structure continues to demonstrate resilience. Despite broader market volatility, TRX has preserved its upward trajectory and maintained its trending pattern. Analysis from Lennaert Snyder highlights a parabolic arc formation, suggesting the price is following a key support curve that could fuel the next upward movement. The $0.32 area has emerged as a crucial level, with any retest potentially offering an attractive entry point for momentum traders.
This technical strength supports the $1 target initially outlined by Wombat86. With moving averages aligned in a bullish configuration and trendline support continuing to guide price action upward, TRX stands out among altcoins showing consistent follow-through.
On-Chain Fundamentals Show Strong Growth
While technical patterns remain favorable, fundamental developments have provided significant support for the price action. Data from TRON DAO via CryptoQuant indicates that over $21 billion in new USDT supply has been added to TRON’s network in 2025 alone. This positions TRON as the second-largest network for USDT supply after Ethereum, demonstrating its growing importance in stablecoin utility and settlement operations.
This substantial on-chain activity provides strong confirmation for the bullish technical structures. As TRX continues trading above major moving averages, the combination of solid technicals and surging fundamental metrics makes the $0.45 and $1.00 targets increasingly achievable within this market cycle.
Throughout periods of broader altcoin volatility, TRON has established itself as one of the market’s most consistent performers. Crypto analyst Turtle Commandant notes that TRX hasn’t merely survived the past two years but has systematically strengthened during this period.
This structural reliability has rewarded patient investors who maintained their positions. Combined with the technical and on-chain developments discussed, it’s clear that TRON’s price appreciation isn’t driven by speculation alone. As more market participants recognize this steady performance, the bullish scenario supported by technical analysis and reinforced by substantial USDT flows could position TRX as one of the cycle’s more dependable upside opportunities.
In a market characterized by significant volatility, TRON has emerged as a notably stable and reliable performer. The cryptocurrency is maintaining its trend, holding above critical support levels, and demonstrating genuine strength both technically and fundamentally. It has systematically built momentum through consistent progress rather than dramatic moves.
The chart patterns appear healthy, and with billions in USDT flowing onto its network, there’s substantial usage supporting current price levels. The next significant test comes at $0.45, and if TRX successfully breaks through this resistance, the path toward $1 becomes considerably more realistic. Current indicators suggest promising developments as TRON continues building its case for sustained growth.
Market Implications
TRON’s technical breakout combined with substantial USDT inflows could signal broader institutional adoption of alternative blockchain networks for stablecoin transactions. The sustained momentum may encourage similar price action across other utility-focused cryptocurrencies in the current market cycle.
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