The post TRON (TRX) Tests Key Support at $0.34 as Treasury Boost Meets Technical Headwinds appeared on BitcoinEthereumNews.com.

Rongchai Wang
Sep 28, 2025 07:15

TRX trades at $0.34 (-0.41% 24h) following major treasury expansion, but neutral RSI and bearish MACD suggest consolidation ahead.

Quick Take • TRX currently trading at $0.34 (-0.41% in 24h) • TRON’s RSI at 46.28 signals neutral momentum despite recent treasury boost • Tron Inc. doubled treasury to $220M, adding $110M in September 2025 What’s Driving TRON Price Today? The TRX price action reflects a complex interplay between recent positive fundamentals and technical consolidation. Tron Inc.’s announcement on September 26th to double their TRX treasury to $220 million represents the most significant catalyst, demonstrating institutional confidence in TRON’s long-term prospects. This $110 million boost initially drove TRX price higher by 4%, though momentum has since cooled. TRON’s achievement of surpassing $80 billion in stablecoin transactions on September 25th reinforces its dominant position in the DeFi ecosystem. This milestone highlights TRON’s utility as a preferred network for stablecoin transfers, which typically supports sustained TRX price appreciation over time. The September 24th partnerships with Chainlink and Privy add technical infrastructure improvements, though these integrations represent longer-term value propositions rather than immediate TRX price catalysts. While positive for TRON’s developer ecosystem, the market appears to be digesting these developments alongside the more impactful treasury news. TRX Technical Analysis: Neutral Signals Suggest Consolidation TRON technical analysis reveals a market in equilibrium, with TRX price finding support near key moving averages. TRX RSI at 46.28 sits firmly in neutral territory, indicating neither overbought nor oversold conditions. This suggests TRON may experience sideways price action in the near term. TRON’s MACD presents a more cautious picture, with the histogram at -0.0009 indicating bearish momentum despite recent positive news. The divergence between fundamental strength and technical momentum often precedes either a breakout or…

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Filed under: News - @ September 28, 2025 7:20 am