TRON (TRX) Price Prediction: Rising Channel Structure Points to $0.60 and $0.90 Targets

TRON (TRX) is currently testing a critical resistance level, maintaining a bullish trajectory with minimal pullbacks over the past 90 days. The cryptocurrency has shown remarkable resilience, keeping long-term holders in profit and avoiding significant downturns. A multi-year rising channel, intact since 2019, suggests a potential breakout that could accelerate its upward trend. As of August 10, 2025, TRX is trading at $0.34, down 0.94%. Analysts predict that if the rising channel structure holds, TRX could reach targets of $0.60 and $0.90 in the near future. This bullish outlook is supported by the cryptocurrency's strong performance and the growing adoption of the TRON network. Investors are closely watching the resistance level, as a breakout could signal further gains. The TRON ecosystem continues to expand, with new developments and partnerships enhancing its utility and value proposition. With its robust fundamentals and technical indicators pointing to upward momentum, TRX remains a promising asset in the digital finance sector.

TRON (TRX) Price Prediction: Rising Channel Structure Points to $0.60 and $0.90 Targets

TRON is testing a critical resistance level, maintaining a bullish trajectory with minimal pullbacks over the past 90 days. The cryptocurrency has demonstrated remarkable resilience, keeping long-term holders in profit and avoiding significant downturns. A multi-year rising channel, intact since 2019, suggests a potential breakout that could accelerate its upward trend.

TRX trades at $0.34, down 0.94% in the last 24 hours. Its 90-day performance highlights steady gains, with green profit bars dominating the chart. The ecosystem's utility—staking, governance, and liquidity pool participation—encourages holding over speculation, reinforcing the technical strength.

TRON (TRX) Consolidates at $0.34 Resistance After $1 Billion Buyback Rally

TRON's TRX hovers at $0.34 following an 8% surge triggered by its $1 billion buyback announcement, now facing resistance as traders take profits. The token's RSI at 66.38 suggests neutral momentum with room for upside, while $2.95 million in outflows signals short-term caution.

Market dynamics reveal a tug-of-war between buyback-fueled Optimism and technical resistance. The consolidation reflects a pause rather than reversal, with TRON's fundamental support intact. Profit-taking near key levels remains a predictable phase after strong rallies.

Altcoins Outshine Bitcoin as Record Bullish Streak Hits 31 Days

Altcoins are dominating the crypto market with a record 31-day streak of outperforming Bitcoin, according to 10x Research. This marks the longest such period in over a year, surpassing previous highs of 25 days in November 2024 and 19 days in March.

Bitcoin's market dominance has slipped to around 60% since July, even as the total crypto market cap continues to rise. Traders are speculating whether this signals the start of a sustained altcoin season.

The tactical altcoin model from 10x Research remains firmly in 'altcoin-favor' mode, reflecting one of the strongest altcoin runs in months. This shift comes as crypto markets defy typical summer sluggishness.