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You are here: Home / Cryptocurrency News / Altcoin News / TRX Price Eyes Daily Close Above $0.30 for Trend Confirmation

TRX Price Eyes Daily Close Above $0.30 for Trend Confirmation

What to know:

  • TRX recently broke above a descending trendline.
  • Immediate support is at $0.30; failure risks $0.276 retest.
  • Resistance levels are $0.33–$0.335, $0.367, and $0.381.
  • TRX options launch enhances institutional trading on Deribit.

By Tina Fatima | Edited By Ammar Raza,January 16, 2026, 1:00 AM

tron

TRON (TRX) saw a strong uptrend from April to August 2025, reaching a high near $0.381. Following this, a clear downtrend took shape, with the price forming lower highs and lower lows while respecting a descending trendline. Recently, TRX broke above this line, hinting at a possible bullish reversal. Confirmation requires a daily close above $0.30, the nearest support zone.

Crypto analyst @notyourkeys_ points out that “the first level to overcome is at $0.33-$0.335, which is a former swing high and a known supply zone. A break above $0.30 would likely push it to $0.367, where the EMAs meet and may provide resistance.” A strong breakout at this point could send it further up to its former all-time high of $0.381.

Source: @notyourkeys_

Risk management is still important because failing to respect the $0.30 level may just see a retest at the $0.276-$0.28 range. The short-term positive sentiment is indicated by the alignment of the EMAs and the breakout retest formation. The retest volumes will be an important indicator in this trade. TRX offers a possible positive trade scenario at $0.33-$0.335, $0.367, and $0.381.

Also Read: TRON Price Alert: Bullish Momentum Could Push TRX to $0.53

Indicators Suggest Balanced Momentum

The RSI is positioned close to 53, slightly higher than the middle level, indicating evenly paced momentum after a retreat from overbought levels. It is a positive pullback and does not indicate any sort of weakness. A sustained move above 45-50 would help the overall positive setup, and a break above 60 would indicate fresh momentum.

Source: TradingView

The MACD is just below zero and reflects a bearish crossover; however, the fact that the histogram is turning less negative indicates that the selling momentum is slowing down. This normally indicates a period of consolidation or even a possible continuation of the uptrend rather than a strong bearish trend.

Institutional Tools Expand with TRX Options

The TRON DAO announced that TRX options trading on Deribit is being launched by Coinbase, a leading company in digital asset derivative trading. Qualified customers can use options with two daily, two weekly, one monthly, and one quarterly expiry. This move further expands derivative trading capabilities on the TRON network.

TRON welcomes the launch of TRX options on @DeribitOfficial by @Coinbase (Deribit), one of the world’s leading digital asset derivatives exchanges. For Deribit customers in eligible jurisdictions, the new listing offers two daily, two weekly, one monthly, and one quarterly… pic.twitter.com/leNVKdBMos

— TRON DAO (@trondao) January 14, 2026

TRX is the token of the TRON blockchain network and the fuel behind payments, stablecoins, DeFi applications, and digital asset settlements in the highly popular public blockchain network. The availability of TRX listing options is an indication of growing institutional interest in the network and the provision of additional market functionality for traders.

Also Read: TRON (TRX) Rises: 7% Power Surge by December End

Filed Under: Altcoin News

About Tina Fatima

Tina Fatima is a Web3 & DeFi Correspondent at Tron Weekly, covering digital assets and blockchain-based financial ecosystems. Her reporting focuses on decentralized finance (DeFi), Web3 developments, Bitcoin, altcoins, and crypto regulation, with attention to major events shaping the broader cryptocurrency market.
She tracks crypto markets on a daily basis and writes news and analysis grounded in real-time market activity, official announcements, and verified market data. Tina’s work is aimed at explaining crypto developments clearly and accurately for both beginners and experienced market participants, without speculation or investment guidance.

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