- TRX has maintained strong gains since its breakout.
- The next target is $1.11, signaling further upside potential.
- A 444% price increase is possible if momentum continues.
TRX Holds Strong Gains, Eyes $1.11 Target
TRX (TRON) has shown impressive strength since breaking out, maintaining a steady uptrend. Analysts suggest that the token is still on track for its log-measured movement target of $1.11, which could bring another 444% surge from current levels.
Why TRX’s Bullish Trend Could Continue
Several key factors indicate that TRX’s upward momentum might persist:
- Technical Strength – TRX remains above key support levels, with indicators like moving averages and RSI favoring further gains.
- Strong Market Sentiment – The ongoing demand for TRON’s ecosystem, particularly in Defi and stablecoin transactions, continues to support its price.
- Breakout Confirmation – Since its breakout, TRX has sustained its bullish structure, reinforcing the possibility of hitting higher price targets.
$TRX (TRON) remains up significantly since its breakout and can still be on a path towards the meeting of the $1.11+ log-measured movement target which could consist of another +444% upside… https://t.co/KH1vGNsZdh pic.twitter.com/HHJoWFpaRg
— JAVON⚡️MARKS (@JavonTM1) February 23, 2025
Can TRX Reach $1.11?
If TRX maintains its current trajectory, the $1.11 target appears within reach. However, traders should watch for resistance levels and market-wide trends that could influence price movements. A sustained rally could bring significant upside for long-term holders.
