- TRON price rallied more than 11% and crossed the 20-day EMA mark.
- With 218,000 TPR, Tron displays exceptional scalability and transaction affordability.
The TRON price exhibited significant correction and dropped over 44%. This correction comes after the token hit an all-time high of $0.4407 on December 4th, 2024
However, the TRX price bounced off the $0.2200 zone close to the 200-day EMA mark. The bearish swing looked to have bottomed out, giving bulls an opportunity for a price reversal.
At press time, TRON price was trading at $0.2505, rising over 5.13% in the past 24 hours. Its market cap soared to $21.57 Billion, ranked 10th in the crypto market.
TRX crypto achieved a high transaction rate as it serves real-world business operations. The USDT token transfer through TRON’s blockchain network grew steadily during the last few weeks.
TRON’s rapid transactions make it popular among blockchain technology users and developers who need to manage daily digital solutions.
TRON has significantly outperformed other main platforms in terms of speed and usefulness. This disproved earlier theories about Ethereum and Bitcoin being the market leaders.
How Transaction Efficiency Drives TRON Crypto’s Performance and Growth
TRX crypto dashes past other blockchains with 218,000 transactions per second (TPR). TRON handles higher TPR than Ethereum and Bitcoin.
The network executes a large number of transactions every second. It does this to demonstrate its extensive use for financial transactions, gaming payments, and stablecoin transfers.

As blockchain technology advances, transaction performance metrics will play an important role. The core focus for the blockchain marketplace lies in pricing values and market statistics.
Our current indicators aren’t enough to show what blockchain networks can do. TPR moves blockchain conversations from market speculations to actual economic operations.
It makes evaluating whether the network will benefit actual users easier for investors who wish to fund its development.
TRX Price Prediction: Is a Reversal Toward $0.300 Next?
For the past few sessions, the TRON price decline led the altcoin to revisit its 100-day EMA zone. Plotting the Fib retracement from the high of $0.4400, the token retraced more than 44%.
Furthermore, the token was close to the 50% Fib support zone, and signs of reversal were noted. This week, the TRX price bounced off the 100-day EMA mark and surged 11%. That reflected the willingness of the bulls to defend the level.

If bulls successfully hold momentum above the $0.2500 mark, a change in sentiment could be seen. This may redirect the TRX coin toward $0.3000 soon.
Moreover, the Relative Strength Index (RSI) line crawled out of the oversold zone and reclaimed the 50 threshold level. Also, the Money Flow Index (MFI) line has a reading of 60, articulating a bullish conviction.

The Open Interest (OI) has risen over 12.37% to $252.47 Million. That represented a prolonged build-up activity in the past 24 hours. Moreover, the long/short ratio across major exchanges showcased a bullish bias.
The immediate support zones for the TRON price were $0.2000 and $0.1900. At the same time, the resistance zones were $0.2800 and $0.3000.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.