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Trump Coin (TRUMP) Price Prediction: Binance Backing Fuels Major Breakout Hype – Time to Buy?

Trump Coin (TRUMP) Price Prediction: Binance Backing Fuels Major Breakout Hype – Time to Buy?

Author:
Cryptonews
Published:
2025-06-19 19:56:37
18
2

Binance's surprise endorsement sends Trump Coin (TRUMP) into the spotlight—can this meme token defy gravity or is it just another pump-and-dump in politician-themed pajamas?

When the world's largest crypto exchange throws its weight behind a controversial asset, markets listen. TRUMP's 24-hour volume spiked 300% post-announcement, with derivatives traders piling into leveraged long positions like Wall Street bankers at a taxpayer-funded buffet.

The technicals tell a messier story. TRUMP faces stiff resistance at its March 2025 ATH of $17.45—a level that's rejected price three times since January. But with Binance adding perpetual swap trading and spot market support, liquidity could finally punch through the ceiling.

Retail FOMO meets institutional-grade infrastructure. That's the bullish thesis, anyway. Skeptics note the token's 82% correlation with DOGE—and we all remember how that ended for the 'diamond hands' crowd.

One thing's certain: In crypto, politics sells. Whether it sells at a premium remains to be seen.

👉https://t.co/MQRUA83Pso

— Binance (@binance) January 24, 2025

Trump Coin Price Analysis: Could New Utility Push a Major Breakout?

The Trump Coin price may be gearing up for a revival, as early bullish signals emerge on lower time frames during a retest of a falling wedge pattern forming since late April.

TRUMP / USDT 4-hour chart, falling wedge retest. Source: TradingView, Binance.

TRUMP / USDT 4-hour chart, falling wedge retest. Source: TradingView, Binance.

The RSI has made a sharp rebound to 32 after reaching DEEP oversold territory at 25—often a signal that buyers stepping in as sellers reach their point of exhaustion.

More so, the MACD line is nearing a golden cross above the signal line, a classic bullish reversal pattern that typically precedes a short-term uptrend on the 4-hour timeframe.

The TRUMP coin price is currently testing key support around $9.30—where the wedge’s lower boundary meets a historical price floor and the 0.236 Fibonacci retracement level.

A successful reversal from this confluence zone could trigger a MOVE toward the upper trendline of the wedge, putting the 0.382 Fibonacci level at $10.70 in focus as a breakout zone.

If bulls gain control and a breakout follows, the falling wedge structure sets up a technical target of $16.50—a potential 77% move back to late-May highs.

Still, if $9.30 fails to hold, the next support rests at $7.15, around 22% below current levels, aligning with the mid-April market bottom and invalidating the bullish setup.

While Altcoins Struggle, Bitcoin Season Just Got a Whole Lot More Bullish

Those who jumped to more speculative plays like TRUMP coin over the leading crypto may be forced to reconsider as the Bitcoin ecosystem finally addresses its biggest limitation: scalability.

Slow transactions, high fees, and limited programmability have held it back from competing with the ethereum and Solana networks—until now.

And this shift starts with bitcoin Hyper ($HYPER), Bitcoin’s first real-time Layer 2 that brings Solana-level speed and smart contracts directly to the Bitcoin ecosystem.

Bitcoin Hyper ($HYPER) presale website.

Powered by the Solana VIRTUAL Machine (SVM) and anchored by a decentralized Canonical Bridge, it enables fast, cheap, and composable dApps—all while staying secured by Bitcoin.

With over $1.4 million in its second presale week, investors are already rallying behind $HYPER, potentially credited to its huge 533% APY on staking that rewards early investors.

You can keep up with Bitcoin Hyper on X and Telegram, or join the presale on the Bitcoin Hyper website.

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