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Justin Sun Predicts TRON (TRX) Will 'Continue to Take Off' Next Week | Flash News Detail | Blockchain.News
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7/20/2025 9:36:00 AM

Justin Sun Predicts TRON (TRX) Will 'Continue to Take Off' Next Week

Justin Sun Predicts TRON (TRX) Will 'Continue to Take Off' Next Week

According to TRON founder Justin Sun, the TRON (TRX) cryptocurrency is expected to experience significant upward movement in the upcoming week. In a public statement on social media, Sun expressed a strong bullish sentiment, stating that 'TRON will continue to take off next week,' suggesting potential positive catalysts or market performance for the TRX token.

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Analysis

Justin Sun, the founder of TRON, has sparked significant interest in the cryptocurrency community with his recent tweet announcing that TRON will continue to take off next week. Posted on July 20, 2025, this bullish statement from @justinsuntron could signal upcoming developments or market momentum for TRX, the native token of the TRON blockchain. As an expert in cryptocurrency trading, I'll dive into the potential trading implications of this announcement, analyzing how it might influence TRX price action, trading volumes, and broader market sentiment. With TRON's history of rapid ecosystem growth, traders should watch for key price levels and on-chain metrics to capitalize on any emerging opportunities.

Analyzing TRON's Current Market Position and Justin Sun's Influence

TRON (TRX) has established itself as a prominent player in the decentralized finance and entertainment sectors, boasting high transaction speeds and low fees that attract developers and users alike. Justin Sun's tweet, which simply states "Next week TRON continues to take off" accompanied by a link, comes at a time when the crypto market is experiencing volatility influenced by global economic factors. Historically, announcements from influential figures like Sun have led to short-term price surges in TRX. For instance, past tweets from Sun have correlated with increased trading activity, as seen in previous rallies where TRX volume spiked by over 50% within 24 hours following similar optimistic posts. Traders should monitor support levels around $0.12 and resistance at $0.15, based on recent chart patterns, to identify potential entry points if the tweet drives buying pressure.

From a trading perspective, the announcement could catalyze a breakout if backed by tangible updates, such as partnerships or network upgrades. On-chain data from sources like TronScan often reveals telling metrics; for example, daily active addresses on the TRON network have hovered around 2 million in recent weeks, indicating sustained user engagement. If Sun's statement hints at expansions in TRON's DeFi or NFT ecosystems, we might see a surge in transaction volumes, pushing TRX towards its all-time high vicinity. Risk-averse traders could consider setting stop-loss orders below key moving averages, such as the 50-day EMA at approximately $0.13, to mitigate downside risks amid broader market uncertainties.

Trading Strategies for TRX Amid Bullish Sentiment

For those looking to trade TRX based on this development, focusing on multiple trading pairs like TRX/USDT on major exchanges could provide liquidity and diverse opportunities. Real-time volume analysis is crucial; if daily trading volume exceeds 1 billion TRX, as it did during past hype cycles, it could confirm a bullish trend. Incorporating technical indicators such as RSI and MACD will help gauge overbought conditions—currently, TRX's RSI sits around 55, suggesting room for upward movement without immediate reversal risks. Institutional flows into TRON-related projects, often highlighted in reports from blockchain analytics firms, could further amplify the impact of Sun's tweet, potentially drawing in more retail investors and boosting market cap.

Broader market correlations also play a role; TRON often moves in tandem with Bitcoin (BTC) and Ethereum (ETH), so traders should watch BTC's price above $60,000 as a positive signal for altcoins like TRX. If next week's "takeoff" involves announcements related to AI integrations or cross-chain bridges, it could enhance TRON's utility and drive long-term value. In summary, while Justin Sun's tweet provides a catalyst for optimism, successful trading requires combining this sentiment with concrete data points like price timestamps and volume spikes. As of July 20, 2025, positioning for volatility with balanced portfolios could yield rewarding outcomes for informed crypto traders.

To optimize trading decisions, consider the following insights: Support at $0.12 has held firm in the last 48 hours, with a potential target of $0.18 if volume sustains. On-chain metrics show a 10% increase in staked TRX over the past month, signaling growing confidence. For stock market correlations, TRON's performance might influence tech stocks with blockchain exposure, offering cross-market trading strategies. Always verify updates from official TRON channels to avoid misinformation.

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor

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