TRUMP Coin at Crossroads: Will It Surge to $13.70 or Crash to $9?
Meme coin mania meets political volatility as TRUMP traders brace for a make-or-break price swing. The coin—yes, really—faces a critical test this week.
Technical analysis shows a tightening wedge pattern, with bulls eyeing $13.70 and bears targeting $9. Either level would represent a 30%+ move from current prices—typical fireworks for a token that treats fundamentals like a campaign promise.
Meanwhile, institutional investors keep their distance while retail traders play musical chairs. Will this be the pump that makes crypto Twitter insufferable, or the dump that fuels a thousand ’I told you so’ tweets? Place your bets—the market’s about to cast its vote.
Trump Price Forms a Descending Channel Pattern
The Trump coin price has jumped over 3% in 24 hours with a trading volume of 770.79 million, a change of +9.93% during this period. Moreover, with a market capitalization of $2.24 billion, this meme coin is constantly losing momentum over the past month.
The EMA 50-day records a sharp decline in the Trump coin price chart. Moreover, the 200-day EMA acts as a strong resistance in the 4-hour time frame. This suggests an increase in the selling pressure for Donald Trump’s memecoin.
However, the MACD indicator records a sharp decline in the red histogram with its averages displaying a bullish convergence. This hints at a mixed price sentiment for the 44th largest crypto token in the market.
Will Trump Memecoin Rise Back Up?
If the odds turn in favour of the bulls, this could result in the price of Trump memecoin retesting its resistance trendline of the descending channel pattern. Moreover, if the bullish sentiment grows at that point, the Trump coin price could breach its $12.15 mark and head toward its $13.70 mark.
However, in case the bears overpower the bulls, the TRUMP crypto token may retest its support level of $10.70 this week. Furthermore, a sustained bearish action could pull the TRUMP price toward its pivotal support trendline of $9 in the upcoming time.
Also Read: Donald Trump got Criticised For Conflicting Answers on Memecoins
