TRON Price Analysis of March 5, 2025: TRON Rises from $0.2265 to $0.2450 – Will It Break the Next Resistance?

If you want to invest in or have already invested, then this analysis is going to help you in many ways. As we go through the analysis, we explore the support and resistance levels of TRON and what the bullish momentum means in TRON’s price today. This price analysis will clarify one’s doubts about whether to invest now or, if already invested, whether to hold or exit your position. Without further delay, let’s dive into the TRON price analysis and find our answers.

TRON Price Analysis of the Last 24 Hours

After marking the low of the day at $0.2265, the price spiked up and formed an expanding triangle pattern. A golden crossover appeared in MACD at 02:40 UTC, which further helped in pushing the price upward. At 05:35 UTC, RSI moved to the overbought area, and at 06:15 UTC, a death cross appeared in MACD, both suggesting a reversal or at least a pullback. A death cross again appeared in MACD at 11:30 UTC, and at the same time, RSI was above the level of 70, both suggesting a reversal or at least a correction as the TRON rises.

Chart 1: Analysed by vallijat007, published on TradingView, March 5, 2025

At 13:00 UTC, the price broke out to the downside of the expanding triangle but was unable to move beyond the level of $0.2325, creating a support zone for buyers. A bullish pin bar appeared in the price at the support zone at 16:35 UTC, which pushed the price upward, forming a spike and an expanding triangle pattern. At 19:25 UTC, MACD showed a death cross, which was further corroborated by the overbought RSI, both suggesting a pullback in the price. 

TRON’s Key Resistance and Potential Breakout: What’s Next for TRON Price Today?

The expanding triangle resulted from both of these indicators. The day of 4th March ended with an expanding triangle, which continued on March 5th at 02:00 UTC. The price marked the high for the day at $0.2450, creating a resistance zone there.

MACD showed a death cross at 02:20 UTC, which helped in pushing the price lower. The price broke out to the downside of the expanding triangle at 03:45 UTC, which also pushed the RSI below the level of 30, indicating an oversold market condition. If this breakout succeeds, then a short-term bearish momentum would be seen. If the breakout fails, then the price may rise to its high of the day, which is $0.2450, marking the continuation of the uptrend.

Will the Uptrend Continue or Face Rejection at Resistance?

The TRON price showed bullish momentum yesterday, but the level of $0.2450 is a significant resistance level. If TRON has to rise and keep its uptrend intact, it must break this critical resistance level. If it fails to do so, then TRON may drop to its other support levels to find buyers. Traders and investors should be cautious of this bullish momentum. In major timeframe, TRON is still in a range-bound market, and the TRON price today is currently near its major resistance level.