Tron Slows Down but August Still Positive 🌐📈
In a crypto market marked by higher volatility ⚡ and tension 😬, Tron (TRX) is also losing steam. Currently priced at 0.3394 USDT 💵, TRX still remains positive in August with +4.40% ✅, marking its sixth consecutive green month 🟢. A similar streak only happened once before, between September 2023 and February 2024 📅.
TRX Performance in 2025 🚀
Since the start of 2025, TRX is up +33% 🔝, ranking as the second-best performer among the top 20 cryptos.
🥇 Hyperliquid (+69%) takes the lead.
Weekly Pullback 📉
This week, TRX dropped -6.10% ❌, breaking a streak of 9 straight green weeks 🟩📊 that began in late June.
👉 It’s the first time in Tron’s history (since 2017) 🕰️ that such a rally streak comes to an end.
Price Action & Key Levels 📊
After peaking at its ATH of 0.45 USDT 🔺 in late 2024, TRX retraced to 0.2011 USDT in Feb 2025 📉, before consolidating and starting a bullish phase in April.
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Resistance levels: 0.3520 ⚔️, then 0.40 🎯
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Support levels: 0.3270 🛡️, 0.3140 ⚠️, main areas at 0.3050 🟦 and 0.2840 🔻
🔎 Losing 0.2840 could put the current uptrend at risk.
On the daily chart 📅, TRX broke below its ascending channel 📉, confirming a corrective phase.
The RSI 📊 cooled off, showing weaker bullish pressure.
Why is Tron Falling? 🤔
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SEC pressure ⚖️ on projects linked to Justin Sun, fueling negative sentiment.
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60% network fee cut 💸, approved by the community → bullish long-term, but revenue pressure short-term.
👉 Bottom line: Tron is still bullish in 2025 🚀, but facing a short-term correction 📉 before possibly aiming again at 0.40 USDT 🎯.
