After a strong rally from late June’s $0.27 base, TRON price is consolidating just below the $0.34 level, where resistance has formed following repeated intraday rejections. The move comes after TRX cleared multiple higher-timeframe breakout levels in July, supported by a bullish trend structure and rising spot demand. However, short-term technicals show early signs of cooling momentum. What’s Happening With TRON’s Price? TRX price dynamics (Source: TradingView) On the daily chart, TRON price today holds above the ascending trendline that has guided price since March. The breakout from the $0.31–$0.32 supply zone in late July shifted market structure bullish, with price now retesting the breakout area as support. The next major resistance sits at $0.349–$0.352, where sellers have been defending aggressively. TRX Spot Inflow/Outflow data (Source: Coinglass) Liquidity map data shows that recent highs near $0.349 triggered partial profit-taking, with spot netflow data from August 9 revealing $2.95M in outflows — a sign of capital rotation from exchanges into self-custody, typically bullish for medium-term positioning. Why TRON Price Going Down Toda… The post TRON (TRX) Price Prediction for August 10, 2025: TRX Consolidates Below $0.34 After Strong July Rally appeared first on Coin Edition .
Analyst: They Crashed XRP on Purpose
