Tron (TRX) cryptocurrency is seen during the historic largest (ATH) period of under $0.44, reaching December 2024.
At the time of writing this note, The TRX was negotiated for $0.33 and is 23% below the maximum priceas observed in the following training view graph:
If you come here, TRX Investor, don’t be discouraged: There is a historical pattern that shows a positive signal for this asset..
For Burak Kesmeci, a data research company, Cryptoquant analyst On-chainTRX “seems to have a long and comfortable way.”
His statement is based on the pattern shown by the “retail activities of futures” metric. As he explains, “Retailing at Tron is currently mild.”
The following graph shows retail activity in the TRX futures market as measured by operational frequency. Green Point indicates low retail participation (A few retailers), gray neutral levels and red reflect an increase in small investors’ entry (Too many retail).
When the indicator marks a severe red area, it usually points to a moment of speculative happiness that increases the risk of correction.
Meanwhile, as retail participation decreases, the market tends to exhibit healthier behaviors at TRX prices.
In May 2021, the speculative frenzy reached its peak, with tokens falling from 0.16 to $0.05 a week.
A similar pattern occurred in June 2022, with increased retail activity ahead of a decline of $0.08 to $0.05. Recently, at the end of 2024, the new enthusiasm of small investors promoted the TRX to up to $0.44, but soon had a dramatic fix that led to it at $0.21.
“At this point, there is no clear retail frenzy. The metrics are in the neutral realm, suggesting that Tron is preparing for the next rebound. The frequency of future retail negotiations will not be filmed, but we are still far from the new local maximum,” Kesmesi completes.
Simply put, When too many retailers come in at the same time, the price of the TRX suffers from strong fixes. On the other hand, when retail participation is low, the market is more stable than usual, leaving space for healthier and sustainable prices.
This is usually a sign that prices have a margin that rises without immediate risk of strong corrections, as was usually done at the peaks above.
The TRX price catalyst is the US Federal Reserve System (Fed). Interest rates were trimmed at 25 basic pointsAs reported by Cryptonoticia, they were placed in order of 4% to 4.25%.
If the low interest rate also drops due to the cost of ordering money, this is converted as a liquidity injection into the system. In this context, investors usually place capital on risky assets such as cryptocurrencies, despite the volatility they are exposed to.
Yoandris lives Rodríguez, the Latin American Regional Manager for B2Binpay Cryptocurrency Exchange.
“The market expects another 25 basic points to be cut in October, but there is a division between Fed officials on the issue. A more aggressive tone will strengthen the dollar in emerging markets and limit the liquidity of emerging markets. Along with monetary policy, speculation about possible announcements of Bitcoin Strategic Reserve in the US, if approved, can significantly change the sense of capital.”
Another issue that could drive the price of the TRX is the recent approval of the orientation and establishment of national innovation in US Stablecoins, better known as Genius Law.
The rules, already promulgated by President Donald Trump, establish a more stringent regulatory framework for dollar-related stubcoins to strengthen the US position as a reference for digital innovation and to ensure the strength of the global economic system.
Within that frame, the Tron network can become more prominent. This is because it has stood out for years as a major channel for transferring USDTs.
If the use of USDT grows within this network, or if new projects begin to be published, The ecosystem may integrate its role in the stubcoin ecosystem Attract more users. This increases the use of TRX for committee payments, creating an upward impulse at its price.