Justin Sun, a prominent crypto figure and founder of the crypto firm Tron, just broke the internet with a cryptic message saying, “My reminder is set.” The post, accompanied by the message, also linked to an unannounced event, immediately creating a frenzy amongst the crypto-loving population.
Sun is highly revered as an expert by the general crypto population. He is seen as a key player in the industry and is taken quite seriously by seasoned veterans. The price of the TRX, the native token of the Tron blockchain, has markedly risen. The growth is not limited to TRX, but has also managed to extend its courtesy towards other tokens like BTT.
What To Do Now?
Traders at this juncture should closely monitor where the water flows. Given Justin Sun’s status, there is a high chance that the price action can certainly move up to create a bullish sentiment.
At press time, technical indicators of the token’s RSI for TRX/USDT are at 55. Therefore, this shows a neutral momentum, which can cause upward momentum. Subsequently, the Moving Average Convergence Divergence (MACD) suggests a bullish crossover. It is also apparent that the buying pressure is mounting.
All in all, Justin Sun’s cryptic message has certainly made people take note of the TRX token, creating a cycle of positive price action.
