Can the price of TRX exceed 0.36 dollars?

TRON is persistently holding the important support zone at $0.30, and so far, the price remains stable. TRX is currently trading at around $0.334, demonstrating remarkable resilience in a highly volatile market. Daily fluctuations are relatively mild, with increases ranging from 0.8% to 1.1%, but the fact that this token continuously protects the price range of $0.30–$0.32 has drawn attention from investors. Many see this as a foundation for a larger move in the future.

The trading volume has surged above $1.49 billion, indicating strong participation despite prices not having truly broken out. Technical analysts are paying attention to the resistance level at $0.36 as the next important milestone. A clear breakout above this level could bring TRX closer to the target of $0.42, while the weekly chart still shows a steadily higher pattern—a classic sign of accumulation. With a market capitalization of nearly $31 billion, TRON remains solidly in the top 10, affirming its position despite going through a period of accumulation.

Tron network growth supports price stability

In addition to price developments, the fundamental factors of TRON remain very strong. This blockchain processes over 2.3 million transactions daily, with a total value of about $22.5 billion. The number of users has surpassed 334 million accounts, making TRON one of the busiest networks in the cryptocurrency space. Stablecoin transactions on TRON are unaffected by market volatility, reinforcing its role as a reliable payment layer.

On-chain data from Lookonchain also confirms this, showing that the flows driven by adoption have remained stable even during downtrends. This consistency explains why TRX can hold the support level while many other tokens struggle. For optimistic investors, the strength of the network provides a layer of protection—evidence that the fundamentals are in line with the technical story.

Governance risks increase instability

However, not everything is smooth sailing. Reports from AssembleAI, citing Bloomberg, indicate that Justin Sun controls up to 64% of the circulating TRON supply. This creates a significant concentration, raising concerns about the concentration and influence that an individual can have on liquidity and price volatility. Critics argue that this could undermine the decentralization of TRON, while supporters claim that Sun's large stake helps mitigate the risk of large-scale sell-offs.

So far, the market has not reacted strongly to these governance concerns. Price action indicates that investors are focusing more on technical support and resistance levels rather than long-term decentralization debates. However, this remains a risk factor to be noted for those considering investing in TRX in the long term.

Major Resistance and Upcoming Targets

Technically, the price zone of $0.38–$0.40 remains a major challenge to overcome. Every effort to break through this level has resulted in profit-taking, causing TRX to revert to lower levels. If the current level cannot be held, it may open the way towards $0.28, with $0.24 as a deeper decline target. Conversely, indicators suggest that TRX still has room to rise before momentum gets too hot.

TRX Price Chart | Source: TradingviewIn the long term, the all-time high near $0.45 is an important target. If TRX can surpass the intermediate resistance levels, there is no reason it cannot retest that level. Currently, the weekly close shows a decrease of -3%, but support remains strong—this indicates that accumulation is the dominant trend rather than a collapse.

Mr. Teacher