- TRON processed at around 687B (57.7) and Ethereum recorded a record of around 504B, reducing the difference by half.
- MA, recapture the 0.3439 to 0.3500 with increasing volume, it would indicate further movements upward to 0.358 to 0.362; supports are 0.332-0.334 and 0.320-0.315.
- a break above 4,450 would hit 4,600 and 4,880-4,900, and break below 4,320-4,340 would support.
Stablecoin activity accelerated in August as USDT transfers reached about $1.19 trillion. TRON processed roughly $687 billion, while Ethereum delivered a record $504 billion. TRON held 57.7% share, yet Ethereum narrowed the gap with faster growth.
TRON
TRX continues a steady daily uptrend that began in April and survived a recent pullback. Price ended near 0.3378 after rebounding from last week’s dip. The higher-high, higher-low structure remains intact on the broader timeframe.
Short-term momentum improved as price moved above the 7-day average at 0.3316. However, it trades below the 25-day average near 0.3439, signaling nearby resistance. The 99-day average at 0.3120 slopes higher and anchors trend strength.
Volume expanded during July and August advances and faded on pullbacks. The latest bounce carries modest volume, so follow-through is important. A drive through 0.345–0.350 with stronger activity would support continuation.
Source: Binince
Immediate resistance stands at 0.343–0.350, then 0.358–0.362 at the swing high. Initial support sits at 0.332–0.334, with deeper support at 0.320–0.315. A close under 0.332 would open a retest of the 0.320s.
Ethereum
ETH quarterly futures trade near 4,367 with a mild daily gain. From the April low around 1,489, the price climbed in persistent stair-steps. A peak near 4,887 formed in August, and consolidation followed.
Source: Binince
Price sits above the 7-day average near 4,337 but below the 25-day at 4,430. The 99-day at 3,470 rises steadily, preserving the longer-term uptrend. A recent 7/25 bearish cross explains slower momentum.
The range now spans roughly 4,250 to 4,550 with shallow pullbacks. Volume swelled on summer breakouts but eased during sideways trade. A volume expansion on closes through resistance would signal renewed sponsorship.
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