Will TRX Go Up in 2026?

BITmarkets Team

Jul 07, 2026

2 min read
TRX
TRON (TRX) has shown resilience after several months of strong gains, attracting attention as buyers return following June's pullback. While the recent correction interrupted the previous rally, the token has managed to stabilize at an important technical area, suggesting that bullish momentum could still be intact if key support levels continue to hold.

TRON (TRX) technical analysis

TRX 6.7

TRXUSD - 1 Day Time Frame

Between February and June, TRX gained more than 40%, confirming a strong bullish trend within the broader market structure. During June, however, the token entered a corrective phase and retraced toward the 0.5 Fibonacci level at $0.322, an area often viewed as a discount zone where buying opportunities may emerge if demand returns.

Importantly, this correction did not invalidate the broader bullish structure. Instead, it allowed the market to consolidate before buyers stepped back in. Recent price action has strengthened this view, with TRX gaining more than 5% and establishing a new support zone between $0.319 and $0.324. This area now serves as the primary structural support for the current bullish scenario.

TRON (TRX) price target

As long as TRX continues to hold above the newly established support zone, the technical outlook remains constructive. If buying momentum continues, the next Buy-Side Liquidity targets are located around $0.352 and $0.377. These levels represent logical upside objectives, as price often gravitates toward liquidity resting above previous highs after confirming a reaction from a discount zone.

From a risk-management perspective, a protective stop-loss could be considered around $0.313. A move below this level could weaken the current bullish setup and suggest that the recent recovery has lost momentum.

Overall, TRX continues to present a constructive technical picture. The correction into the 0.5 Fibonacci retracement level, the formation of a new support zone, and the recent rebound all support the possibility of further upside. However, confirmation from continued buying interest, together with broader cryptocurrency market sentiment, macroeconomic developments, and geopolitical events, will likely determine whether TRX can extend its recovery toward the $0.352 and $0.377 liquidity targets.

Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.

Tags: Technical Analysis
Last Updated: Jul 07, 2026