TRX Stalls as SunPump Boosts TRON Memecoins
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By Hamza Ahmed profile image Hamza Ahmed
3 min read

TRX Lateralises, SunPump Pushes Memecoin on TRON

TRX remains stuck between $0.256 and $0.274 as SunPump tries to revive TRON memecoins with the new CEX Alliance, but the numbers remain weak.

Tron (TRX) continues to move in a narrow price corridor around $0.27, demonstrating a consolidation phase with no clear direction. Technical indicators are signalling declining momentum: the Average Directional Movement Index (ADX) is weakening rapidly, and the Relative Strength Index (RSI) remains close to the neutral value of 50. All of these signals point to apathy and uncertainty in the market.

With TRX stationary near resistance at $0.274 and anchored at support at $0.256, the market is poised between an upward breakout or a collapse. The CEX Alliance is a programme launched by SunPump, a relatively young player in the TRON ecosystem, with the aim of promoting the growth of memecoin projects. However, despite the hype and new partners, the platform's on-chain data is, to put it mildly, unconvincing.

SunPump Launches the CEX Alliance, But Activity on Platform Still Comatose

SunPump's official announcement of the CEX Alliance was presented as a strategic move to support 'quality' TRON-based memecoins. The alliance includes centralised exchanges such as BitMart, Poloniex, LBank and other smaller players. The concept is simple: simplified listings, joint marketing, cross-promotions and events - all to revive interest in projects with decent metrics and a capitalisation of $500,000.

It is positioned as an attempt to bring life back into the TRON memecoin scene, but the data speaks for itself: only about 98,300 tokens have been launched on the SunPump platform in the past nine months. For comparison: similar activity on Pump.fun takes place within a week. Participation rates are disappointing and daily earnings often do not exceed $1,000.

Even with good intentions and a new alliance, the main challenge for SunPump is not just to offer another launch platform, but to stimulate community engagement and increase transactional activity on the network.

TRX Enters a Stagnation Phase: Trend Loses Inertia

On the technical front, the situation appears equally weak. The Directional Movement Indicator (DMI) shows a clear decrease in the strength of the trend: the ADX has fallen to 11.68 (three days ago it was at 24).

The positive index (+DI) has fallen to 20.74, the negative index (-DI) to 15.41, which clearly indicates the absence of a dominant side. Put simply, neither the bulls nor the bears want to take the lead. This balance reflects a total uncertainty in investor sentiment, in the midst of consolidation.

TRX Price Frozen: Break Above $0.274 or Collapse Below $0.256?

In the last few days, TRX has been stagnating around $0.27. The exponential moving averages (EMA) confirm the consolidation phase and, so far, the price has failed to break above resistance at $0.274.

If the bulls manage to push the price above this level, the next targets could be $0.279 and $0.282. At that point, the road to the psychologically important $0.30 level - for the first time since December 2024 - could open up again. But, and this is a crucial point, without a clear change in market sentiment, such an uptrend looks more like an illusion than a real possibility.

The RSI for TRX is stationary at 49.87, hovering around the neutral threshold of 50 for days. This confirms that the market is in a state of precarious equilibrium, where supply and demand are facing each other, waiting to see who will break first.

On the other hand, the bears are not sleeping. A break of support at $0.256 could quickly take the price down to $0.250, and in the case of a complete collapse, up to $0.243.

By Hamza Ahmed profile image Hamza Ahmed
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