TRON: Rings Cboe Bell for TRXS Launch
TRON rings Cboe closing bell for TRXS staked TRX ETP debut, with TRX at $0.34 showing neutral RSI and bullish MACD on 4h chart.
SourceAnalysis
TRON rings the closing bell at Cboe Global Markets in Chicago on September 29 to mark the launch of TRXS, the exchange-traded product delivering staked exposure to TRX through traditional brokerages. The move underscores accelerating institutional adoption of the TRON network over the past year. On the 4h chart, TRX trades at $0.34 exactly at both EMA50 and EMA200 support while the MACD registers a bullish golden cross and price sits inside the Bollinger band with upper resistance at $0.34 and lower support at $0.33; RSI at 47.82 leaves room for continuation without immediate overbought pressure, setting up a clean test of the upper band before any pullback to the 50-EMA confluence. This development arrives alongside rising search interest in TRX price prediction and broader TRON network adoption metrics.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor