TRON price: bulls target 7-month high as TRX holds $0.30 level

• TRON (TRX) is among altcoins seeing a slight uptick.
• The token hovered above $0.30 amid broader volatility across the cryptocurrency market.
• Bulls could target highs of $0.37 if momentum holds.

On Friday, March 20, TRX traded to highs of $0.308 across major exchanges, climbing about 3% in intraday performance that included a 7% spike in daily volume.

By maintaining prices above the critical support level, bulls could tap into factors such as regulatory clarity, trading expansion, and institutional demand to target levels last seen in August 2025.

TRX price holds $0.30: what’s bullish

TRX’s price outlook in the past 24 hours mirrors most top altcoins, including Ethereum, XRP, and Solana.

However, while ETH and SOL eye retest of recent highs, TRX looks positioned for an upside run to a 7-month high. Multiple potential bullish catalysts could converge to accelerate this.

TRX on Base

A key development includes TRON’s announcement of the TRX/USDC trading pair launch on Aerodrome Finance, the leading decentralized exchange (DEX) on Base.

The move integrates TRX into Base’s rapidly expanding DeFi ecosystem and bridges TRON’s established high-throughput blockchain with one of DeFi’s fastest-growing environments. Liquidity and trading could spark a TRX pump.

SEC/CFTC guidance

Adding momentum, the crypto market welcomes joint SEC and CFTC interpretive guidance classifying assets into clear regulatory classes.

We have digital commodities (BTC, ETH, SOL, XRP, ADA, LINK, and others), digital collectibles (NFTs, memecoins), digital tools (utility/access tokens), payment stablecoins, and digital securities.

The industry says this move puts crypto on the path to greater adoption.

TRON Inc. purchases

Meanwhile, TRON Inc. persists in accumulating TRX. Other than bolstering its treasury strategy, the company is signaling long-term confidence.

These and other bullish triggers could accelerate TRX’s breakout above $0.30.

In the past 24 hours, TRON recorded over $577 million in volume, thanks to sentiment around this.

TRON price outlook

TRX is eyeing a potential breakout above $0.32. If this happens, bulls could target $0.37. The level marked the altcoin’s peak in August 2025.

On the weekly chart, TRX trades just above a downtrend line from last August.

The move to pierce the resistance zone means a potential breakout amid a cup and handle formation.

TRON price chart by TradingView

RSI is in neutral territory around 55, but is upsloping to signal room for further gains before overbought conditions come into play.

A close above $0.32 could trigger a rally targeting $0.35-$0.37 resistance.

The November 2025 high of $0.45 stands as the next hurdle.

However, failure to hold $0.30 risks a dip to $0.28 support. Below that would be $0.25.

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