Tron Price Prediction: on-chain issuance of 1 billion USDT stimulates long positions, can TRX reach the $1.20 range?

Tron (TRX) has just set one of its largest on-chain minting records, with a single transaction issuing 1 billion USDT. Within a few hours, TRX also quickly broke through 0.31 USD, turning this level into a support level and driving the next round of pump. Currently, participants are closely following how the TRX price responds to this emerging bullish momentum.

The 1 billion USDT minted on Tron has sparked liquidity concerns

Tron just experienced one of the largest on-chain events in recent weeks. According to Arkham, 1 billion USD in USDT was added in a single transaction. This minting was conducted through Tether's multi-signature wallet and was recorded just a few minutes ago.

(Source: Arkham)

Although Tether minting does not always signal immediate deployment, it often implies an upcoming liquidity supply or large-scale capital rotation in the crypto market.

The increase in the circulation speed of USDT on Tron is usually related to higher usage rates, rising fees, and stronger fundamentals. Historically, all of these factors support the bullish trend of TRX prices, especially when combined with an overall improvement in sentiment.

TRX has broken through and entered the expansion phase, with a target price of 0.38 USD

TRX has successfully broken through and cleanly retested its previous resistance level around 0.31 USD, firmly converting that level into a support level. As emphasized by Jesse Peralta, the TRX price is currently steadily entering an expansion phase, with the next Fibonacci target levels being 0.35 USD and 0.388 USD.

The market structure of TRX is very complete, and the strong follow-up after the retest indicates that the buyers have fully taken control of the situation.

(Source: Trading View, X)

This move is in line with Tron’s recent issuance of 1 billion USDT, which may soon translate into an increase in liquidity and on-chain trading volume. Currently, TRX is targeting the 0.618 Fibonacci area.

TRX Technical Outlook: Descending Wedge Retest Triggers New Targets

As emphasized by MaxFINancial, TRX continues to maintain strong momentum and has broken through the upper trend line of a large descending wedge. This retest was clean and swift, with the price quickly recovering the 200-hour moving average, which is a key confirmation of the short-term trend. From a structural perspective, the market seems ready for the next round of upward movement, with clear short-term target levels based on the wedge breakout and local Fibonacci extensions, at 0.35 USD, 0.38 USD, and 0.51 USD.

(Source: Trading View, X)

TRX rebounded from the descending wedge resistance level, recovering the 200-day moving average from the first half of the year, with a target price range of 0.35 USD to 0.51 USD.

An interesting report by Cihan Türkmen compares the latest price trend of Tron with a previous explosive increase of 2,450%. Although this is not related to specific historical dates like 2020, the idea is simple: if TRX exhibits this kind of bullish momentum again, its price will be around 1.20 USD. This prediction is not a replication pattern but resonates with the strong momentum Tron has shown when conditions are ripe.

(Source: Trading View)

From a technical perspective, the current trend continues to support a bullish momentum, with a clear trend structure where the lows are consistently rising, and each step is backed by strong trading volume. The price has currently broken through a key mid-range resistance level, establishing a solid foundation in the $0.30 to $0.32 range. If this momentum continues to strengthen, then the fractal prediction of $1.20 may no longer appear as speculative.

Can TRX maintain this momentum?

With the issuance of 1 billion USDT new coins and TRX breaking through key resistance levels, Tron is becoming the center of attention. The price of Tron is not only driven by short-term speculation but is also supported by a clear technical structure, continuously improving on-chain transaction speeds, and rising liquidity support. As long as TRX maintains above the support level of 0.30 USD to 0.32 USD, the bullish pattern remains solid, and short-term targets like 0.38 USD will still be valid.