Tron Inc. Accumulates 174K TRX: Could It Push the Price Toward $0.310?

10-Mar-2026 TronWeekly
TRX

Tron Inc. has expanded its crypto treasury after purchasing 174,632 TRX (TRON) tokens at an average price of $0.2863 on Tuesday, March 10. 

The latest acquisition increases the company’s total TRX reserves to more than 685.8 million tokens, reinforcing its ongoing strategy of accumulating digital assets tied to the TRON ecosystem and strengthening its blockchain-focused balance sheet.

The company has stated its intention to expand its TRX Digital Asset Treasury (DAT) as part of its efforts to improve long-term shareholder value. 

Through its steady buildup of TRX assets, Tron Inc. is seeking to take advantage of the possible growth opportunities in the TRON network and establish itself as a significant corporate holder of the cryptocurrency.

Also Read: TRX Price Eyes Daily Close Above $0.30 for Trend Confirmation

TRX Technical Outlook Suggests a Consolidation Phase

Despite this institutional accumulation, the altcoin shows a consolidation phase after a strong 2025 uptrend. According to TradingView, the price currently fluctuates near $0.285, struggling to maintain a position above the 20-week EMA at $0.291. 

While the 50-week EMA at $0.281 provides immediate support, the recent sequence of smaller candles indicates a significant loss of bullish momentum and increasing market indecision.

Source: TradingView

The Ichimoku Cloud analysis shows that the price is precariously placed on the leading span B support level. The price of Tron at $0.285 is at a critical point, and any move down to the Kumo cloud may result in greater price volatility in the near term. 

The resistance at $0.310 is solid, and the lagging span should be above past price action to sustain the bullish structure.

Momentum Indicators Show Decreasing Bearish Pressure

The RSI value for TRX is at 47.22. This is a neutral value, as the market is not showing signs of being either overbought or oversold. This is a consolidation phase. 

The RSI line is flat and closely following the signal line. This indicates that the price is not showing momentum as the traders await a directional move.

Source: TradingView

The MACD indicator favors a sideways view as the MACD and signal lines are close to zero. The histogram also reflects minimal bearish pressure as the small red bars are present. 

The distance between the moving averages is small, reflecting low volatility in the stock. No crossovers are present, reflecting the ongoing trendless state.

Also Read: Tron (TRX) Seasonality: April Tops Returns With a Massive 176.2% Monthly Gain

Also read: Sonic Labs Launches USSD Stablecoin Backed by Tokenized U.S. Treasury Assets
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