TRON (TRX) Price Broke Above Descending Trendline Resistance Targeting $0.2800

The TRX market demonstrated new bullish momentum by crossing a long-standing descending line which served as resistance since the start of the year 2025.

TRON (TRX) price broke above a descending trendline resistance that had been holding its price since the start of the year 2025.

The filing for a staked ETF by CanaryFunds and the new all-time high reached by the number of active addresses could see TRON price maintain a stay above this trendline.

TRON Coin Price Prediction

The TRX market displayed new bullish momentum as it crossed a long-standing descending line which had been acting as resistance since late 2024.

Price action reached the $0.2430 level when this crucial breakout occurred and the trendline started at $0.34 in the market.

A period of bullish momentum saw TRX price pull back immediately after it reached $0.2600 and the upcoming price action may find support at $0.2384 and $0.2428 which is the major technical level.

While $0.2498 is acting as immediate resistance in the present pattern.

A bullish breakout combined with a potential retest pattern suggested that TRX would return to $0.2430 to establish a new trend that would direct it towards $0.2800.

Price action established a descending triangle pattern over several months from January through early April.

It maintained $0.2384 support levels and its peaks applied pressure on the trendlines.

TraderX highlighted the bullish momentum on the recent breakout as it cleared both horizontal resistance at $0.2430 and the descending trendline.

Tron coin’s price could reach $0.2800 if it manages to stay above $0.2498.

An opening of the $0.2400 resistance level or a drop below $0.2384 support would negate the bullish pattern and trigger bearish TRX price movements towards earlier support areas.

The bullish trend could continue if TRX prices exceed both $0.2498 and $0.2600 and an incremental decrease below $0.2384 could spawn more energetic selling escalating price risks.

CanaryFunds Files for staked ETF

CanaryFunds is hooking up investors with an interesting offering: the inclusion of staked TRX in its first regulatory filing for a crypto ETF.

This would benefit similar fund structures in the future as it sets a new industry standard.

Currently, the staking opportunity for Tron (TRX) allows investors to earn 0.045 (4.5%) annually which attracts investors who prefer a leisurely approach to asset growth through yield investments.

The ETF would launch as one of the U.S.’ leading funds that integrates embedded staking support from its start.

The development of this ETF may serve as a bridge between decentralized finance and traditional markets as regulatory systems advance.

Addresses Count Reaches New Milestone

The increasing number of blockchain addresses presented user expansion and sustained network performance over the years.

From July 2018 until April 2025 the network accumulated 130.04 million addresses and maintained a stable balance.

This growth pattern indicated an יincrement in user demand for TRON coin as an efficient and cost-effective transaction option.

During this period TRX price reached its highest point at $0.52 in April 2025.

The price fluctuations do not influence the sustained growth in address numbers which indicated a rising interest from users.

Continued growth shows potential for sustaining a long-term network and TRON stands out from other blockchains because its network activities displayed a consistent increase.

The blockchain momentum is likely from the various uses it has in stablecoins and smart contracts as well as DeFi which rose in popularity.

The continuous development of TRON’s platform status works towards making it the preferred blockchain choice in the market.

The 130 million address threshold showed that TRON coin experienced remarkable expansion of its network.