Tron (TRX) Price Could Skyrocket to $2.2, Top Analyst Predicts

Justin Sun’s Tron (TRX) made a comeback past year. The altcoin was connected the sidelines with the advent of caller cryptocurrencies entering the marketplace implicit the past fewer years. But TRX managed to get backmost into the coveted apical 10 successful 2024. Even though the plus started 2025 connected a bully note, TRX witnessed a flimsy setback. But the Tron assemblage remains optimistic astir a imaginable uptrend successful the coming days.

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Revisiting TRX’s Setback

Source: Coins.ph

Over the 24 hours, Tron’s TRX recorded a 1.34% driblet successful its price. At property time, the altcoin was trading astatine $0.2475. Just earlier this week, it was $0.2736 but it was intelligibly sinking astatine the moment. Throughout the past 7 days, TRX has dropped by much than 4%.

Source: CoinMarketCap

Along with its price, the marketplace headdress and regular measurement of the plus besides dropped. TRX presently stands arsenic the 10th largest cryptocurrency, with a marketplace headdress of $21.32 billion. The 24-hour measurement of the altcoin is $1.23 billion.

About a period ago, the altcoin deed an all-time precocious of $0.4407. Tron’s cryptocurrency is present trading 43% beneath this terms level. However, an expert revealed that TRX could determination beyond this highest and grounds a caller precocious sooner alternatively than later.

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Analyst Sets Target

Source: X

According to a salient expert who goes by CW connected X, Tron’s TRX is connected its mode to hitting a caller peak. The adept revealed that the plus is presently forming an ascending channel. This enactment is usually considered bullish. Further elaborating connected the same, CW added,

“In the past rally successful December, it was resisted by the mediate enactment of the channel. The precocious constituent of this rhythm is apt to beryllium the precocious enactment of the channel. Depending connected the clip of arrival, the people terms volition vary, but it is apt to beryllium astir $1.65~$2.2.”

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As seen above, the expert acceptable a people of $1.65 to $2.2 for TRX. This imaginable spike volition apt bring accrued benefits to the asset’s holders.