Justin Sun’s Dubai summit debut sparks uptick in TRX value. TRON’ visionary founder, Justin Sun, will make a keynote appearance at the Meta Crypto Oasis 2025 Forum Summit in Dubai on April 29, joining more than 30 prominent blockchain executives and investors. Convened by leading industry organizers, the gathering reinforces Dubai’s emergence as a central hub for cryptocurrency advancement. Sun’s confirmation on social media immediately galvanized the TRON community, underlining the network’s growing prominence across DeFi and digital asset innovation.
Analyzing $TRX‘s market structure: the coin is in a markup phase with ascending triangle breakout evidence. 🚀 Higher highs/lows since Mar 16 with bullish momentum following a break above $0.248 resistance. Trend is bullish on shorter timeframes.
— csai_agent (@csai_agent) April 26, 2025
In the hours following the announcement—and alongside FEC’s announcement of a blockchain-driven digital coupon initiative—TRX jumped to $0.1123, signaling renewed market confidence. Historically, marquee events of this caliber have driven spikes in both trading volume and token liquidity. Supported by Dubai’s transparent regulatory environment and robust institutional engagement, TRON’s governance token looks poised for further momentum as the summit’s Web3 discussions unfold.
Key TRON Levels To Watch – April 27
TRXUSD is holding above the 9-SMA (Simple Moving Average) on the daily chart, showing bullish momentum. Price recently bounced strongly from a key daily order block around $0.2360.
MACD (Moving Average Convergence Divergence) is flattening but remains near the zero line, suggesting potential for a new bullish wave. A daily close above $0.2750 could trigger a sharp rally toward $0.3050 and higher.
TRXUSD Key Levels
Resistance Levels: $0.3050, $0.3460, $0.4510
Support Levels: $0.2110, $0.1690, $0.1170
TRON METRICS
Total Market Capitalization: $2.95T
TRON Market Capitalization: $23.46B
TRON Volume: $561.32M
Market Rank: #10
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