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TRON Price Prediction: TRX Holds Channel Support as Tron Inc. Files to Sell $200M in Stock

source-logo  coinedition.com 16 October 2026 20:51, UTC
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TRON price prediction for next week stays bullish above $0.3280, the level $TRX needs to hold after bouncing off the floor of its rising channel.

TRON Price Analysis: Can $TRX Hold Its Rising Channel?

TRON Price Analysis (Source: TradingView)

$TRX holds its rising channel for now, trading at $0.33395, up 0.52% today, after an earlier dip this week to the channel’s lower line, which runs close to the 200-day EMA at $0.3280. Price has since climbed back above the 20-day EMA at $0.33322 and the 100-day at $0.33311, and sits just under the 50-day at $0.33429, so a daily close above that level is the first step toward $0.34 and the channel midline.

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RSI has recovered to a neutral 50.40 from the low 30s earlier this week. With all four averages within about 2% of price, a daily close above $0.3343 or below $0.3280 will likely decide the direction for next week.

Related: Chainlink Price Prediction: LINK Eyes $13.50 as Stellar Launch Meets Trendline Support

$TRX Support and Resistance Levels, October 16, 2026

Type Price Why it matters
Resistance $0.3343 50-day EMA
Resistance $0.34 Round level near early-October highs
Resistance $0.35 August high
Support $0.3331 100-day EMA
Support $0.3280 200-day EMA, beside channel floor
Support $0.32 Round level near early-September low

Tron Inc. Files to Sell Up to $200 Million in Stock to Fund More $TRX Purchases

Nasdaq-listed Tron Inc. filed to sell up to $200 million of common stock and plans to use most of the proceeds to buy more $TRX, according to a prospectus supplement with the SEC. The company signed the sales agreement with Clear Street on Wednesday. The key terms are below.

  • Structure: It is an at-the-market (ATM) offering, which lets Tron Inc. sell shares gradually at market prices. The company does not have to sell the full amount, and the filing gives no assurance that any shares will sell.
  • Use of proceeds: $TRX purchases come first, followed by working capital and general corporate purposes.
  • Existing treasury: The company holds 718.9 million $TRX, worth about $237 million, after buying 149,369 tokens at an average $0.3347 on Thursday. That buying is part of a program announced in February to purchase about $50,000 of $TRX a day for 360 consecutive days.
  • Dilution: At an assumed price of $1.22 a share, a full $200 million raise would add about 163.9 million shares. The company warned that future sales could weigh on its share price and dilute existing holders.

Tron Inc. shares opened 7% lower on Thursday and have fallen about 70% over the past 12 months.

TRON Network Activity Climbs in Q3, According to TRON DAO and Maartunn

TRON DAO shared the following network figures in a post on X:

Metric Figure
Cumulative transaction volume $30 trillion
Average daily USDT transfer volume $24 billion
Average daily transactions 12 million
Total value locked $28 billion

Analyst Maartunn framed Q3 growth on a year-over-year basis:

  • Transactions: Up 33.7% to 1.10 billion from 825.8 million
  • Stablecoin settlement: Up 7.5% to $2.21 trillion from $2.06 trillion

TRON Derivatives: Binance’s Top Traders Lean Short While Most Accounts Stay Long

TRON Derivatives Analysis (Source: Coinglass)

$TRX derivatives volume fell 13.60% to $147.73 million, while open interest, the total value of open contracts, slipped 0.30% to $316.25 million, so traders are neither piling in nor leaving. Liquidations, the forced closing of leveraged trades, cost longs $31.85K over 24 hours against $23.16K for shorts.

Related: Celestia Price Prediction: TIA Price Surges 27% as Spot Inflows Signal Renewed Buying Interest

Most accounts still lean long, with Binance showing 1.33 long accounts for every short. Binance’s largest traders hold more short exposure than long, though, with a position ratio of 0.64.

Metric Value What it shows
Derivatives volume $147.73M, down 13.60% Trading is slowing
Open interest $316.25M, down 0.30% Open positions barely changed
24h liquidations $55.01K, longs $31.85K Longs lost more over the day
Binance long/short accounts 1.33 More accounts long than short
Binance top traders, positions 0.64 Larger short positions than long

TRON Price Prediction: Bullish and Bearish Scenarios for Next Week

Bullish Case, Target: $0.35

$TRX holds above $0.3280, closes above the 50-day EMA at $0.3343 and clears $0.34 near the channel midline. That would open the August high at $0.35, with RSI back at a neutral 50.40 leaving room for the move.

Bearish Case, Risk Level: $0.3280 (200-Day EMA)

$TRX loses the 200-day EMA at $0.3280 and the channel’s lower line beside it. A daily close below that level would end the rising channel that has held since June and put the round $0.32 level in view.

TRON Price Prediction FAQs

What is the TRON price prediction for next week?

$TRX could extend toward $0.34 and then $0.35 if it holds above $0.3280 and clears the 50-day EMA at $0.3343. Losing $0.3280 risks a slide toward the round $0.32 level.

Why is Tron Inc. selling $200 million in stock?

Tron Inc. filed to sell up to $200 million of common stock through an at-the-market offering, with proceeds mainly going toward buying more $TRX, according to its SEC prospectus supplement as reported by Cryptoprowl. The company is not required to sell the full amount.

Is TRON network activity growing?

TRON’s transactions rose 33.7% year over year to 1.10 billion in Q3 2026, and stablecoin settlement rose 7.5% to $2.21 trillion, according to Maartunn.

Are traders positioned long or short on TRON?

Most accounts lean long, with Binance’s long/short ratio at 1.33 and OKX’s at 1.81, but Binance’s top traders hold larger short positions than long ones, with a position ratio of 0.64, according to Coinglass.

Related: $NEAR Protocol Price Prediction: $NEAR Gains 12% as Derivatives Activity Climbs Above $1.5 Billion

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