Tron Inc: Acquires 150K TRX Tokens
Tron Inc buys 150,764 TRX at $0.3316, boosting holdings to 692.8M amid bullish TRX price prediction and crypto market trends.
SourceTron Inc (NASDAQ: TRON) snapped up 150,764 TRX tokens at an average price of $0.3316, pushing its treasury to over 692.8 million TRX as the firm eyes long-term growth in Tron DAT holdings to drive shareholder value. Justin Sun, via @justinsuntron, highlighted the move with a live wallet link on Tronscan, signaling aggressive accumulation in a market where Bitcoin (BTC) dominance influences altcoin plays like TRX.
From a technical confluence standpoint, TRX trades at $0.33 in a bullish structure, hugging the upper Bollinger Band resistance at $0.34 while the lower support at $0.33 holds firm, suggesting volatility exhaustion could trigger a quick dip. With EMA50 at $0.28 acting as solid midterm support and EMA200 at $0.16 underpinning the long-term uptrend, the neutral RSI at 63.33 avoids overbought signals, but the MACD death cross at 0.01 flashes bearish momentum—expect a retracement to that EMA50 before resuming the push, especially if broader crypto market crash fears subside and TRX price prediction turns more optimistic amid hype around assets like TAO.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor