Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
TRON Price Prediction: Can TRX Reclaim $0.38 Level?

TRON Price Prediction: Can TRX Reclaim $0.38 Level?

CoinpediaCoinpedia2026/06/22 21:30
By:Coinpedia
Story Highlights
  • TRX price rebounds from a key support zone as bulls attempt to regain momentum.

  • Treasury accumulation and network growth continue strengthening the long-term bullish case.

  • A breakout above $0.34 could put TRON's recent high near $0.38 back in focus.

While most altcoins remain stuck below key resistance levels, TRON is quietly building another recovery attempt. TRX price has bounced from a critical support zone, attracting fresh attention from traders as treasury accumulation and network growth continue strengthening the project’s fundamentals. The latest rebound arrives at a crucial moment for price action, with bulls attempting to reclaim momentum after a recent pullback. If buyers maintain control, TRON could soon find itself challenging the highs that defined its strongest rally of the year.

Treasury Accumulation Continues to Strengthen Confidence

TRON’s long-term narrative received another boost as treasury-related purchases continued adding to existing holdings. Recent disclosures show total reserves surpassing 700 million TRX, reinforcing confidence among investors despite recent market volatility.

Unlike short-term promotional announcements, treasury accumulation directly aligns ecosystem interests with long-term value creation. The strategy also reduces available supply while signaling confidence from entities closely tied to the network’s future growth. In a market where investors increasingly favor fundamentals over speculation, continued accumulation remains a meaningful bullish catalyst.

Stablecoin Dominance Keeps TRON Ahead of Rivals

TRON’s biggest advantage continues to be its position at the center of the stablecoin economy. The network remains one of the largest settlement layers for USDT transactions globally, processing billions of dollars in value transfers while maintaining low transaction costs. This utility-driven demand creates consistent network activity regardless of broader market sentiment. As stablecoin adoption expands across emerging markets and global payment systems, TRON continues benefiting from one of crypto’s strongest real-world use cases. That demand has helped TRX outperform many competing Layer-1 assets during periods of uncertainty.

Network Growth Continues Supporting the Bull Case

Beyond stablecoins, adoption metrics continue moving in the right direction. TRON has now surpassed hundreds of millions of registered user accounts, cementing its position among the most actively used blockchain ecosystems. While many projects rely heavily on narrative-driven rallies, TRON’s growth is increasingly supported by actual user activity, transaction demand, and ecosystem expansion.

TRX Price Prediction: Can Bulls Reclaim $0.38?

TRON remains one of the healthier large-cap altcoins despite its recent correction. After reaching a local high near $0.38, TRX encountered profit-taking pressure and retraced toward the 200-day EMA around $0.31.

TRON Price Prediction: Can TRX Reclaim $0.38 Level? image 0

That support zone has now proven its importance. Buyers stepped in aggressively near the moving average, preventing a deeper breakdown and helping price establish a fresh recovery structure. Since then, TRX has begun reclaiming lost ground while maintaining a series of higher lows on the daily timeframe.

The next major challenge sits between $0.34 and $0.35, where previous support has turned into resistance. A successful breakout above this zone would strengthen bullish momentum and likely trigger a move toward $0.36, followed by a retest of the recent high near $0.38. Beyond that level, the psychological $0.40 mark becomes the next major target for traders. On the downside, losing support around $0.31 would weaken the bullish setup and potentially extend consolidation.

Can TRON Extend Its Lead Among Large-Cap Altcoins?

TRON’s recent pullback has done little to damage its broader bullish narrative. The network continues benefiting from strong stablecoin activity, growing adoption, and ongoing treasury accumulation, factors that few major altcoins can currently match. With TRX holding above key support and attempting to reclaim higher levels, market sentiment remains tilted in favor of buyers. A breakout above the $0.34-$0.35 resistance zone could quickly bring the recent high near $0.38 back into focus. For now, TRON remains one of the market’s strongest utility-driven stories heading into the second half of the year.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.

华尔街见闻•2026/11/12 03:56
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.

The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.

华尔街见闻•2026/11/12 03:46

After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.

智通财经•2026/11/12 03:42
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%

For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.

智通财经•2026/11/12 02:47
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%