Tron Inc: Acquires 151K TRX Tokens
Tron Inc buys 151,378 TRX at $0.3303, boosting holdings to 692.7M amid bullish TRX price prediction and Bitcoin market trends.
SourceTron Inc (NASDAQ: TRON) snapped up 151,378 TRX tokens at an average price of $0.3303, pushing its treasury to over 692.7 million TRX as the firm eyes long-term growth in Tron DAT holdings to drive shareholder value. This move aligns with recent crypto market surges, including Bitcoin (BTC) momentum, and underscores strategic accumulation amid evolving TRX price prediction scenarios and broader crypto market crash recoveries over the past six months.
From a technical confluence standpoint, TRX trades at $0.34 in a clear bullish structure, with the EMA50 at $0.27 acting as solid mid-term support and the EMA200 at $0.14 anchoring the longer-term floor. Yet RSI(14) screams overbought at 73.83, while MACD(12,26) flashes a bearish death cross at 0.02, signaling potential exhaustion. Price hugs the upper Bollinger Band resistance at $0.34, with lower support at $0.33—expect a tactical pullback to test that EMA50 before resuming the uptrend, especially if BTC holds its ground.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor