TRON Price Rebounds as Justin Sun Fuels China Rumor: Is TRX Set to Rally Above $0.255 Resistance?

There is some speculation building about China potentially backing its digital Yuan with gold and deploying this token on the TRON blockchain. This idea is proposed by crypto analyst Marty Party, who has a vision where China combines its traditional gold preferences with modern decentralized infrastructure. Interestingly, TRON founder Justin Sun publicly liked this theory: “I like the idea of the digital yuan.” Hinting at a possible alignment between the TRON future and China’s digital vision.  

However, there is no official confirmation that has been made this possibility aligns with China’s long-standing efforts to reduce the country’s reliance on the US dollar while internationalizing the Yuan. Introducing the digital Yuan on the TRON blockchain allows the People’s Bank of China to maintain partial control. Through the network governance, while benefiting from the transparency and interoperability of public blockchain. 

Global Ripple Effects: The U.S. Digital Dollar and Strategic Bitcoin Reserves

Parallel to China’s speculated digital gold move, Marty Party envisions a US response in the form of a digital dollar backed by Bitcoin (BTC) and gold. This concept aligns with CBDC research by the US authority and former President Trump’s recent proposal for a “strategic Bitcoin reserve.” This would mark an important shift in the global monetary policy and will transform the central bank’s current instrument into a hybrid instrument anchored in both legacy and crypto assets. If realized, this move could promote decentralized, reduced inflationary risks and expand access to financial infrastructure globally. 

TRX Technical Analysis: Bullish Momentum Builds

While these macroeconomic concepts make the headlines and become part of the discussion, TRX, the native token of the TRON blockchain, is forming a bullish trajectory on the charts. According to the X post of UnknownTraderAi TRX technical analysis, TRX price recently bounced from the $0.244 support zone and is currently pressing resistance at $0.249. This bullish trend TRX price remains intact, with TRX trading above all major exponential moving averages (EMAs), showing strength in its upward trajectory. 

$TRX #TRX ANALYSIS: KEY HIGHLIGHTS

Price Action:
TRX grinding higher, holding above all major EMAs.
Bounced off $0.244, now pushing into resistance.
Bullish structure intact—MACD/RSI supportive, no divergences.

Support/Resistance:
• Support: $0.244, $0.240
• Resistance:… pic.twitter.com/kwjQ1ckpCM

— Unknown.Ai (@UnknowTraderAi) April 23, 2025

Analysts have noted that a break above $0.249 could make the way for a swift move to the $0.255 resistance, with $0.275 as the next higher-timeframe (HFT) target. Short-term traders are advised to consider scalp longs on dips above $0.244, while a break below this level could trigger a drop toward $0.240. As of 23 April 2025, the TRON price is currently at $0.2466, reflecting a slight decline of 0.74% over the last 24 hours. The price dropped by $0.001, indicating a mild bearish pressure in the short term as the token consolidated around key technical levels. 

What’s Next for TRON and Global Blockchain Finance?

This merging of geopolitical strategy and blockchain adoption paints a compelling future for the TRON (TRX) blockchain world and will introduce a new way to use traditional assets. According to the TRX technical analysis, the TRON price is set to have bullish momentum but is currently facing a slight decline of 0.74%. And if the Digital Yuan merge happens with the TRON blockchain that it may witness price appreciation. If assets like digital Yuan and digital Dollar emerge on the public blockchain, then TRON can play an important role as a trusted high-speed infrastructure for financial tokenization. Combined with its growing technical strength and adoption in Asia, TRON may place itself at the forefront of new monetary transformation where code, not borders, will define financial power. 

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