Tron Price Speculation Surges as Justin Sun Meets Trump—Pump or Legit Catalyst?

Crypto’s favorite hype cycle is back: a billionaire meets a politician, and suddenly everyone’s betting on a price surge. Justin Sun—Tron’s founder and perennial controversy magnet—reportedly sat down with former President Donald Trump. Cue the speculative frenzy.

Will this move TRX? Maybe. Sun’s knack for headlines has juiced tokens before. But let’s be real—since when do political photo ops translate to blockchain fundamentals?

Pro traders are already front-running the rumor mill. Retail FOMO? Probably incoming. Meanwhile, the rest of us sigh and check Bitcoin’s chart instead. Some things never change—especially in crypto’s theater of the absurd.

Tron price technical analysis

The daily chart shows that the TRX price has moved sideways in the past few days. It peaked at $0.2805 this week as Sun met with Trump. This was a notable price since it coincided with the upper side of the ascending channel that connects the highest swings since February 10. 

Tron is above the 50-day moving average, while the Relative Strength Index has formed an ascending channel. Therefore, the coin will likely have a bullish breakout once it exits the current accumulation phase. If this happens, the next point to watch will be at $0.3112, the highest swing on December 12.