Is $0.47 The Next Target?

By Usman Zafar | Edited By Ammar Raza,May 17, 2026, 11:46 PM

TRON (TRX) is testing a major resistance zone as bullish momentum strengthens. Technical indicators and rising buying pressure suggest potential upside for the TRX price if the breakout holds. Meanwhile, Tron Inc.’s latest TRX purchase reflects growing institutional confidence in the TRON ecosystem.

At the time of writing, TRX is trading at $0.3569 with a 24-hour trading volume of $610.1 million and a market capitalization of $33.83 billion. After the 1.39% surge over the last 24 hours, now everyone’s focus is on whether the previous resistance caps the upward momentum again or paves the way for a strong uptrend.

Source: CoinMarketCap

TRX Price Could Rally to $0.47 if Breakout Holds

According to the crypto analyst Chiefrat, the TRX price is once again testing the crucial $0.36–$0.37 resistance zone, the same area that rejected its previous major rally. 

After months of gradual upside movement, bulls continue building momentum as buying pressure strengthens. Traders are now watching closely for a decisive breakout that could confirm renewed market confidence in TRX price breakout.

Source: Chiefrat’s X Post

If the TRX price succeeds in breaking through the resistance level, it will have its next potential gain towards $0.416, as expected by analysts. If the upward movement persists, the $0.476 level would be the subsequent target. 

However, the current level acts as the battleground between bulls and bears. The question is whether bulls will be able to overcome bears.

Also Read: TRON (TRX) Builds Strength Above $0.32 as Bulls Stay Active

Technical Indicators Support Bullish Reversal

According to TradingView, the upward momentum of the TRX price is still going strong. After a retracement that held ground around the level of $0.28000 just above the 100-day EMA, an evident trend reversal occurred during the early part of 2026. At present, the TRX price is standing at $0.35681 while attempting to reach the previous peak.

Source: TradingView

As the prices keep rising, the relative strength index (RSI) reflects this and shows the presence of aggressive buying. The RSI falls into the state of overbuying with the value of 78.16, which is far above the level of the yellow alert line. 

This indicates the presence of an extremely powerful bullish potential for the TRX price that may soon correct itself with a pullback to the 20 EMA of $0.33055.

Tron Inc. Expands TRX Treasury With New Purchase

The data from Tron Inc. further highlighted that the firm further enhanced its crypto treasuries strategy with yet another investment in the form of 141,873 TRX tokens, which cost them an average of $0.3524 per token. 

This latest investment brought their TRX token holdings past the 696.4 million mark. Their conviction in the future success of the TRON network is evident here.

Source: TRONSCAN

This is in view of the fact that building up the treasuries of the Tron digital asset continues to be one of the focal points in the company’s strategy for increasing its shareholder value in the coming years. 

The consistent build-up of the TRX can be seen as an indication of the rising interest of institutions in alternate digital assets through public companies.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TRX Price Prediction: Bullish Breakout Signals Potential Rally Toward $0.38