TRUMP Token Tanks 9%—Is This the Calm Before a 10% Rally?

Another day, another meme coin rollercoaster. TRUMP—the token that somehow turns politics into volatile crypto theater—just shed 9% in 24 hours. But charts whisper something bullish.

Patterns Don’t Lie (Until They Do)

Technical traders are circling the 1D chart like vultures. That dip? It’s hugging a historic support level tighter than a politician clings to power. If it holds, we could see a 10% rebound—fast.

Just remember: in crypto, ’historic patterns’ last until they don’t. Ask the bagholders of 2022.

The TRUMP token is making waves in the crypto market yet again. This time around, the push comes from NASDAQ-listed GDC committing $300 million toward building a crypto treasury with Bitcoin and Trump coin as primary assets. The buzz was also fueled by $148 million being spent by TRUMP meme coin holders in a contest to win a Gala dinner with the U.S. President Donald Trump, scheduled for May 22nd. The two news reports collectively have urged retail and institutional interest in the Trump price movements. 

$TRUMP Price Analysis:

The TRUMP token at the time of press is changing hands at $12.83, with an 8.90% price drop in the past 24 hours. Despite the daily drop, the meme token has maintained a strong 22.41% weekly gain. Talking about its stance in the business, the market capitalization has dropped to $2.56 billion, and a rank of #45. The intraday trading volume rose 26.16% to $1.92 billion.

The OFFICIAL TRUMP token is forming a bullish cup and handle pattern on the 4-hour time frame, hinting at a potential breakout. A close above the 9-SMA at $13.11 resistance could trigger an upside move toward $14.17. However, let us not refute the possibility that a failure to break out may lead to a retest of the $12.30 support zone. Moreover, increased selling pressure could drag the price down to $11.50. 

Also read our Trump Coin Price Prediction 2025, 2026-2030!

FAQs

The Trump coin is currently trading at $12.83, with an intraday price drop of 8.90%.

Institutional support from NASDAQ-listed GDC in a move to promote crypto reserve has brought the OFFICIAL TRUMP token to the limelight.

This $TRUMP memecoin can be bought from top cryptocurrency exchanges like Coinbase, Binance, Bitget, and major Solana pairs.