Institutional buying usually signals confidence. But for Tron (TRX crypto) holders right now, Tron Inc.’s latest purchase isn’t moving the needle — at least not upward. The token slipped 0.98% on April 7, sitting at $0.3151, and the technical picture suggests the pain may not be over.
On April 7, Tron Inc. announced it had acquired 157,515 TRX tokens at an average price of $0.3174, pushing its total treasury holdings past 690.3 million tokens. The stated goal: grow Tron DAO holdings to enhance long-term shareholder value. A reasonable thesis. The market, however, doesn’t appear to care — at least not yet.
TRX has broken a key ascending trendline support and is facing rejection at a historically stubborn resistance zone. Whether this is a short-term shakeout or the start of a deeper correction depends on one critical price level.
Tron Inc. (NASDAQ: TRON) acquired 157,555 TRX tokens today at an average price of $0.3174, further increasing its TRX treasury holdings to more than 690.7 million TRX in total. The company aims to further grow its Tron DAT holdings to enhance long term shareholder value. For live…
— Tron Inc. (@TRON_INC) April 9, 2026
DISCOVER: The Next 1000x Crypto Gem Before It Lists on Binance
Can TRX Price Hold Above $0.30 or Is a Drop to $0.27 Coming?
TRX is trading at $0.3151, down 0.98% on the day. The token is caught between two uncomfortable realities: a resistance ceiling it can’t break through and a support floor it recently broke beneath.
The $0.3235 level has been a graveyard for TRX rallies since October 2025 — multiple rejections, multiple reversals. That’s not a coincidence; it’s a pattern. Price is currently sitting below that level, which now functions as overhead resistance rather than a launchpad.
More troubling is the trendline break. TRX had been respecting an ascending support structure, and that line has now been violated. When a coin breaks both a diagonal support and fails at a flat resistance, technicians call it a double confirmation of weakness. The data points to continued selling pressure as the path of least resistance.

TRX is sitting right under a key level, and $0.3235 is the one that flips everything, because if price reclaims it and holds, that is where momentum kicks in, shorts start covering, and a push toward the $0.35 to $0.37 zone becomes realistic.
For now, though, it still looks like a pause, with price moving between $0.30 and $0.32, just waiting on the broader market before making a real move, so nothing decisive yet.
The risk is if it keeps getting rejected under $0.32, because that is where sellers start taking control again, and once that pressure builds, it can slide quickly toward $0.2705, which would be a sharp drop and a real test of confidence.
Longer-term models project TRX around $0.33 in 2027 and $0.41 by 2031, assuming 5% annual growth, but those figures offer cold comfort if the next move is a 13% drop. Watch the $0.32 level closely. That’s the line in the sand.
LiquidChain Targets Early Mover Upside as Tron Tests Key Levels
When a mid-cap token like TRX stalls at resistance while the broader market churns sideways, some investors start asking a different question: where is asymmetric upside actually hiding right now? (It’s rarely in the coins already on every exchange.)
LiquidChain is an early-stage Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer — fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment.
For developers, the pitch is a Deploy-Once Architecture that gives simultaneous access to all three ecosystems. For investors, the appeal is pure early-stage math.
The presale is currently priced at $0.01447, with $648,365.01 raised to date. Key features include a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement — technical pillars designed to solve the fragmentation problem that makes cross-chain DeFi frustrating to use. That said, L3 infrastructure is unproven territory, and presale projects carry meaningful risk including illiquidity, project delays, and total loss of capital.
Research LiquidChain thoroughly before considering any position.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed


