Tron Price Forecast: TRX Risks 20% Dip Despite Strong Accumulation
Crypto 2026-04-24 08:18 source ↗

Tron Price Forecast: TRX Risks 20% Dip Despite Strong Accumulation

By Yashu Gola | Published: Apr 24, 2026

Key Points

  • TRX is forming a broadening “megaphone” pattern on the 3-day chart, indicating rising volatility and potential downside risk.
  • Price recently rejected near $0.34 resistance, opening the door for a move toward the $0.26 support zone.
  • The $0.26 level aligns with a key support area and the 200-period EMA, making it a likely short-term target.

Market Analysis

TRON (TRX) is showing early signs of a pullback after rejecting near its recent highs. The formation of a broadening “megaphone” pattern suggests that volatility is increasing, which could lead to a downside risk in the upcoming sessions.

On the 3-day chart, TRX/USD appears to be oscillating within diverging trendlines, a classic megaphone structure where price swings widen over time. The latest rejection from the upper boundary near $0.34 indicates that the token may now rotate toward the lower trendline support.

In the near term, the focus shifts to $0.26 as the first downside target. This level coincides with a local support zone and is situated around the 200-period exponential moving average (EMA), making it a natural magnet for price as momentum cools. Additionally, the relative strength index (RSI) is turning lower from overbought levels, reinforcing the case for a short-term correction.

A decisive break below the $0.29 support could trigger a broader decline. Analysts typically measure the height of megaphone patterns and project it from the breakdown point to estimate the next move. Applying this framework to TRX suggests a potential drop toward the $0.21–$0.22 range.

Institutional Accumulation

In a positive development for TRX, Tron Inc. (NASDAQ: TRON) continues to bolster its token reserves, reflecting growing institutional interest in the ecosystem. The firm recently acquired 152,162 TRX at an average price of $0.3286, increasing its total holdings to over 693 million TRX. This disciplined accumulation strategy, with purchases of approximately $50,000 worth of TRX daily, highlights the company's confidence in its role across stablecoins, DeFi, and high-throughput blockchain infrastructure.

For more insights and analysis, follow Yashu Gola, a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics.

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