Justin Sun: Endorses TRX Holdings
Justin Sun praises TRX, HTX, JST portfolio outperforming BTC by 40 points with 30% gains, signaling Huobi ecosystem strength amid bullish TRX price prediction.
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Tron founder Justin Sun just gave a nod to a trader's portfolio heavy in TRX, HTX, and JST, which has crushed BTC by 40 points and racked up 30% profits. Responding on X, Sun called it "thriving" and highlighted his focus on Tron as his top priority, with Huobi's token ecosystem next in line—perfect timing as Huobi turns profitable and builds out its platform. This shoutout underscores Sun's push for these assets, especially after last year's Huobi rebound, drawing eyes to TRX price prediction in a volatile crypto market.
Zooming into the 4-hour chart, TRX clings to $0.35, smack on the EMA50 which acts as immediate resistance in this bullish structure backed by the EMA200 at $0.27 providing deeper support. MACD flashes a bearish death cross at 0.0, hinting at potential downside pressure, yet RSI at 53.75 stays neutral, suggesting no extreme momentum shifts. With volatility bands squeezed tight inside $0.35 upper and lower bounds, we're eyeing exhaustion—confluence here points to consolidation before a breakout, especially if broader BTC trends align, making this a spot for institutional entries on dips toward that EMA200 floor.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor