TRON (TRX) coin price has delivered a remarkable 180% rally over recent months. This crypto stands out among top-performing altcoins. Analysts look increasingly optimistic, and CryptoPatel forecasted a near-term target of $1 and a potential extended rally toward $2.
Technical patterns and rising on-chain activity back those bullish projections. As TRON price hovers near critical resistance, structural momentum, DeFi growth, and on-chain metrics are converging to support the current breakout attempt.
TRON Coin Price on Track for $1–$2 Targets
Crypto analyst CryptoPatel has identified a strong bullish setup in TRON’s long-term chart. He shared an analysis, which shows TRX price respecting an ascending channel that traces back to 2019.
The chart highlighted a series of higher lows and trendline rebounds. They set up a path toward $1, which is a primary target. The secondary upside target would be $2 if favorable market conditions persist.
Source: CryptoPatel, X
Furthermore, CryptoPatel attributed his bullish stance to several key drivers, including strategic investments from entities like World Liberty Financial, consistent leadership by TRON founder Justin Sun, and growing ecosystem expansion.
According to the expert’s analysis, the structure suggested a parabola forming. This pattern is associated with accelerating bullish trends. He describes anything above $1 as a “pure bonus”. The analyst is confident that TRON price is in the early phase of a broader uptrend.
Technical Setup: Testing Breakout with Bullish Indicators
When writing, TRX price was testing a major resistance zone at $0.25–$0.2664. It marked the upper boundary of a consolidation range, which has held since mid-January.
As of April 15, 2025, TRON price traded at $0.2517. It has gained 7% from last week’s low at $0.23. Technical indicators suggested that a decisive breakout above $0.2664 could unlock the next leg toward $0.40.
Source: TradingView
The 73.6% Fibonacci retracement level aligned closely with this resistance zone. The Supertrend indicator has recently flipped bullish, and the MACD histogram has turned positive, confirming upside momentum.
TRX price has also posted multiple higher closes, reinforcing its bullish posture. If the TRX crypto price breaks above $0.2664 with volume, analysts expect a continuation toward the 67.8% retracement near $0.40. It is an area viewed as the next logical resistance.
Momentum has gradually built since February, and TRX’s sustained structure of higher lows added further validation to the ongoing breakout attempt. However, volume confirmation is still crucial to sustaining momentum.
TRON DeFi Ecosystem: $5B TVL Reflects Network Strength
Beyond the charts, TRON’s decentralized finance ecosystem has expanded significantly. DeFiLlama reported that the Total Value Locked (TVL) in TRON-based protocols has surpassed $5.052 billion.
That milestone confirmed TRON’s position as a dominant player in the DeFi space, supported by stablecoin activity, lending markets, and decentralized exchanges.
However, the current DEX volume is at $119.66 million per day, with more than 9 million daily transactions. Those figures showcased solid network activity and increasing user engagement, and that leads to higher prices. A continuous rise in the TVL signified that investors had more confidence in the TRON ecosystem.
On-Chain Metrics Signal Favorable Conditions for TRON Coin Price
On-chain analytics from CryptoQuant provided further evidence for the bullish case. The Price Temperature model showed TRX approaching its one-year moving average plus two standard deviations, currently at $0.2927.
Historically, breakouts beyond this band have triggered extended rallies. If TRON coin price closes above that level, the next target aligns with $0.5172.
Source: CryptoQuant
Interestingly, a one-year moving average at $0.1804 has remained as the long-term support level in corrections for one year. TRX has now firmly crossed that line.
There is no indication of bearish divergence when it comes to participation or volume. Current on-chain activities suggest that TRX price is poised for further appreciation in the near term.
