Justin Sun Teases a Significant Strategic Change in the Cryptocurrency Market
TRON’s founder, Justin Sun, posted a notice of a major event on his X (formerly Twitter) account on March 23, 2025, with the caption, “Open! Let’s reverse the trend. At 14:32 UTC, this comment was followed by a tweet, which instantly caused the volume of TRX trades to spike (TradingView, March 23, 2025, 14:35 UTC). From an average of 120 million TRX to 396 million TRX in the hour after the tweet,
TRX’s trading volume increased by 230% (CoinMarketCap, March 23, 2025, 14:32-15:32 UTC). A 7.2% price increase from $0.075 to $0.0804 coincided with this (CoinGecko, March 23, 2025, 14:32-15:32 UTC). The influence of the tweet was also observed in TRX’s trading pairs, specifically TRX/ETH and TRX/BTC. observing 180% and 2100 percent increases in volume, respectively (Binance, March 23, 2025, 14:32-15:32 UTC).
On March 23, 2025, TRX’s technical indicators showed a breakout from a consolidation pattern, with the price moving above the 50-day moving average (MA) at $0.078 (TradingView, March 23, 2025, 14:32-15:32 UTC). The volume profile also showed that the highest volume was concentrated around the $0.080 mark, suggesting strong support at this level (CoinMarketCap, March 23, 2025, 14:32-15:32 UTC). The Bollinger Bands widened significantly, indicating increased volatility and potential for further pr
TRX could be entering a new phase of growth, with potential for further price appreciation (Tronscan, March 23, 2025, 14:32-15:32 UTC).
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