TRON (TRX) Price Prediction: Can TRX Repeat Its 2,450% Rally Toward the $1.20 Zone?

TRON just recorded one of its largest on-chain mints, $1 billion USDT in a single transaction. Within hours, TRX followed up with a clean breakout above $0.31, flipping the level into support and driving into the next leg higher. Participants are now watching closely to see how the TRON TRX price responds to these emerging bullish developments.

TRON (TRX) is trading at around $0.32, up 0.83% in the last 24 hours. Source: Brave New Coin

TRON just saw one of its biggest on-chain events in recent weeks, a fresh $1 billion USDT minted in a single transaction, as flagged by Arkham. The mint occurred via Tether’s MultiSig wallet and was recorded just minutes ago.

TRON sees a massive $1 billion USDT mint, fueling speculation of rising liquidity and renewed bullish momentum. Source: Arkham via X

While Tether mints don’t always signal immediate deployment, they typically hint at upcoming liquidity provisioning or large-scale capital rotations across the crypto markets.

Increased USDT velocity on TRON often correlates with higher usage metrics, rising fees, and stronger fundamentals, all of which have historically supported upside moves in TRX price, especially when paired with improving overall sentiment.

TRX has managed a textbook breakout and clean retest of its previous resistance zone near $0.31, flipping the level into support with conviction. As highlighted by Jesse Peralta, price is now pushing firmly into the expansion phase, with the next Fibonacci targets sitting at $0.35 and $0.388. The structure is notably intact, and the strong follow-through after the retest suggests buyers are in clear control.

TRX reclaims $0.31 with strong follow-through, entering an expansion phase toward $0.38. Source: Jesse Peralta via X

This move aligns well with the recent $1 billion USDT mint on TRON, which may soon translate into rising liquidity and on-chain volume. For now, TRX is eyeing the 0.618 Fibonacci zone.

TRX continues to build on its momentum, this time bouncing off the upper boundary of a large falling wedge formation, as highlighted by MaxFINancial. The retest was clean, and price action quickly reclaimed the 1-hour 200MA, a key short-term trend confirmation. From a structural standpoint, the market looks poised for the next leg higher, with clear short-term targets marked at $0.35, $0.38, and $0.51 based on the wedge breakout and local Fibonacci extensions.

TRX bounces off falling wedge resistance and reclaims the 1H 200MA, targeting $0.35 to $0.51. Source: MaxFINancial via X

In an interesting reveal by Cihan Türkmen, TRON’s latest price action is being compared to a previous explosive rally that delivered a 2,450% gain. While this isn’t tied to a specific historical date like 2020, the idea is simple, if TRX mirrors that kind of return again, it would place the price around the $1.20 mark. The projection isn’t about copying a pattern, but rather echoing the scale of momentum TRON has shown it’s capable of when conditions align.

TRON’s fractal setup hints at a possible rally toward $1.20, echoing its past 2,450% move. Source: Cihan Türkmen via X

Technically, the setup continues to support bullish continuation, with a clean trend structure, rising higher lows, and strong volume support behind each leg. With price now trading above key mid-range resistance, the $0.30 to $0.32 zone is beginning to look like a solid base. If this momentum keeps building, the $1.20 fractal projection could start to feel less like speculation.

With $1 billion in fresh USDT minted and TRX breaking above key resistance, TRON is stepping into a spotlight moment. Price is not just riding short-term hype; it’s backed by clean technical structures, increasing on-chain velocity, and rising liquidity. As long as TRX holds above the $0.30to $0.32 support zone, the bullish setup remains intact, with short-term targets like $0.38 still well in play.