Sideways move for Tron predicted despite Justin Sun update and treasury boost

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Tron rises 0.32% today on news

Highlights

TRX trades at $0.2855, above its MA-20 ($0.2808) but below the MA-50 ($0.2922) and MA-200 ($0.3087), indicating near-term bullish momentum but medium- and long-term resistance.
Mixed momentum indicators—MACD (strong selling), ADX (neutral), RSI (50.53), and StochRSI (overbought)—signal short-term reversal risk and uncertainty around trend continuation.
TRX's expected range over the next five trading days is $0.2826 to $0.2873, with downside bias and key support at $0.2835 (Ichimoku Kijun), resistance at $0.2922 (MA-50).

Retail and institutional optimism rises as Tron broadens market reach and reserves

Justin Sun announced TRX's listing on Bitstamp, celebrating enhanced accessibility and trading opportunities for the token. His tone was upbeat and promotional, likely to boost retail and institutional confidence. The latest company news notes that Tron has acquired 177,000 TRX for its treasury, lifting total reserves to over 682 million tokens and reinforcing stakeholder trust as part of its long-term capital strategy. The project continues to benefit from strong capital inflows, rising on-chain liquidity, and expanding utility in gaming, prediction markets, and USDT (TRC-20) on-chain settlements.

Sideways trend expected for Tron as mixed momentum meets resistance

TRX trades above the MA-20 ($0.2808) but remains below the MA-50 ($0.2922) and MA-200 ($0.3087). The nearest support is at the Ichimoku Kijun ($0.2835), with resistance at the MA-50 ($0.2922). Momentum signals are mixed — the MACD indicates strong selling pressure while the RSI hovers just above neutral at 50.53, and current price action is near today's high. The 5-day forecast range is $0.2826 to $0.2873, with a sideways move most likely and a low probability (under 20%) of a price increase.

Anton Kharitonov, expert at Traders Union, views Justin Sun’s announcement about the Bitstamp listing with a degree of caution, noting that promotional optimism often precedes short-lived speculative spikes. He believes that despite the upbeat sentiment, technicals point to evident weakness — TRX remains below major moving averages, and the MACD signals ongoing selling pressure while price action hovers near resistance. Kharitonov sees the recent treasury accumulation as insufficient to counteract broader selling trends, with risk clearly skewed to the downside. "I wouldn’t chase any hype here, as current momentum and structural signals do not support a sustained bullish move."

Previously it was reported that Tron trades below key moving averages, with bearish momentum reinforced by MACD and RSI indicators as the asset remains under selling pressure near support levels. Immediate resistance is identified at the Ichimoku Kijun level, and the price is expected to trade sideways within a narrow range unless a breakout occurs.

Source of Data: TRX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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