Price Analysis
  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

    • 2 minutes read

    Tron Price Rejected at $0.334 – What Comes Next?

    Story Highlights
    • TRX price slips 0.42% as $1.4B in profits realized by hodlers

    • Monthly TRX burn tops 1.1B in August alone, hinting at the tokenโ€™s deflationary strength

    • Whale inflows rose by 1269% in 30 days, suggesting growing smart money interest

    Tron is currently changing hands at $0.3322, marking a slight 0.42% dip since yesterday and 1.08% drop over the past 7 days. While the movement may seem modest on the surface, several technical and on-chain signals are converging to shape TRXโ€™s short-term outlook.ย 

    With a market cap of $31.47 billion and daily trading volume surging 26.28% to $931 million. The token has been under the watchlist of retail and institutional investors. That being said, the failed breakout at the $0.334 and dilution concerns from Tron Inc.’s $1B shelf offering filing have cast a shadow. Yet, long-term on-chain metrics paint a bullish backdrop. Join me as I derive TRX price analysis.

    Burn Rate, Whale Activity & Realized Profits

    TRXโ€™s burn mechanism has been one of its most compelling narratives. Over 40 billion TRX have been burned to date. Whatโ€™s astonishing is, August alone witnessing 1.1 billion TRX getting burnt. And we are hardly a week in the month. This consistent monthly burn rate (~1.2 billion TRX/month) introduces long-term supply-side pressure favorable to bulls.

    At the same time, whale behavior is turning heads. Data from IntoTheBlock shows a 1269% surge in 30-day large-holder inflows. Historically, such spikes often come before volatility and mark accumulation zones. However, this coincided with $1.4 billion in realized profits by long-term holders, particularly in the 2yโ€“3y age cohort, suggesting some profit-booking pressure is at play.

    TRX Realised Profit by Age 6-8-25
    Source: GlassNode

    Traders need to note that the push and pull between profit-taking and renewed accumulation will make the next few days critical for TRX.

    TRX Price Analysis:ย 

    Technically speaking, TRX is nearing a make-or-break zone. The daily RSI reads at 65.29, hovering just below the overbought threshold. The price recently rejected the Fibonacci resistance around $0.334, marking the top of its Bollinger Band and validating it as a short-term ceiling.

    TRX Price Analysis 6-8-25

    The immediate support lies at $0.30, where the 20-day SMA aligns, followed by a deeper cushion at $0.2506. If bulls push above $0.334, the next resistance of TRX to watch is at $0.3552, with an extended target at $0.3802. However, failure to reclaim this level may invite bears, especially if broader market sentiment weakens.

    FAQs

    Why did the TRX price fall despite high whale inflows?

    Profit-taking by long-term holders and resistance rejection outweighed accumulation momentum.

    Is TRX deflationary?

    Yes, with over 40B TRX burned to date and 1.1B burned in August 2025 alone, TRX is deflationary.

    Whatโ€™s the next key level for TRX to break?

    TRX must break and sustain above $0.334 to challenge $0.3552 and move toward $0.38.

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