Analysis of TRX’s trend on July 11, 2025: Can Tron break the $0.31 resistance?

On July 11, 2025, Tron (TRX), a prominent layer-1 blockchain, is gaining market attention due to its expanding ecosystem and surging stablecoin activity. The current price of Tron is approximately $0.304, reflecting a 1.76% increase over the past 24 hours, with a daily high of $0.306. This growth aligns with a broader crypto market rally, fueled by Bitcoin’s surge to $118,000. Technical analysis indicates Tron is in a short-term uptrend. Daily charts show a bullish pattern, with the price trading above the 50-day moving average. The RSI, hovering around 66, suggests strong buying pressure but remains below overbought territory. Key resistance lies between $0.31 and $0.33, while support levels at $0.28 and $0.26 could prevent further declines. Daily trading volume has reached $373.97 million, reflecting growing investor interest. Recent news underscores Tron’s dominance in the stablecoin market. Surpassing Ethereum in USDT supply, Tron now accounts for 32% of the total stablecoin volume, with $81 billion in circulation. This is driven by Tron’s low fees and high transaction speeds, making it a preferred choice for stablecoin transactions. Additionally, speculation about a potential public listing through a reverse merger with a Nasdaq-listed company has sparked excitement, with projections of a 30% to 80% price increase in 2025. From an ecosystem perspective, Tron is expanding through integrations with DeFi platforms and decentralized applications (dApps). Daily active addresses on the Tron network have reached 2.3 million, signaling growing adoption. Integrations with BitTorrent and other high-traffic applications have further enhanced its utility. However, some analysts remain cautious, noting that a failure to sustain bullish momentum could lead to a price correction. For investors, a prudent strategy might involve waiting for a breakout above $0.31 or buying near support levels. In the long term, Tron has the potential to reach $0.73 or even $1 by the end of 2025, particularly if Nasdaq listing rumors materialize. Traders should remain cautious, as market volatility and macroeconomic factors, such as interest rate changes, could impact the price. Ultimately, Tron is in a strong position. A combination of technical analysis, stablecoin activity, and institutional speculation paints a positive outlook for the cryptocurrency, though traders must be prepared for potential volatility.

Market Sentiment

Bullish
75%

The article predicts a bullish yet cautious outlook for Tron, with potential short-term corrections.

Key Points:

  • Tron Technical Analysis
  • ETFs
  • Stablecoin Activity

Frequently Asked Questions

Yes, Tron is in a short-term uptrend, but it may face resistance.

Key support levels are around $0.28 and $0.26.

The main resistance level is around $0.31 to $0.33.

Buying at support levels could be a good opportunity, but it requires careful analysis.

Factors include stablecoin activity, ETF speculation, and Tron ecosystem growth.