Let’s explore the latest TRUMP coin price action as it cools off after major gains, and see whether the bullish momentum can continue.
Are you looking to invest in the Trump coin and are stuck looking at the price charts and wondering whether it is a good time to invest in the presidential memecoin? Then, let’s make things clearer with a detailed TRUMP price analysis. Since the dinner hosted by the American President, Donald Trump, TRUMP has enjoyed a boost in trading volumes. Many have criticized this move by the president, citing it as an impeachable offense. Experts and politicians have claimed that by holding such events, President Trump could cause potent market shifts, leading to price hikes for the memecoin.
Riding on the back of the crypto market boom and the investors’ gala dinner, the TRUMP coin has witnessed an 82% boost in prices in the last week itself. Ever since its launch in January, it has gone on to witness 1120% gains, the highest in memecoins during the same time period. Given that, let’s quickly dive into the price analysis of the TRUMP coin and explore where it’s going next. TRUMP prediction at the end!
TRUMP Price Analysis of the Last 24 Hours
TRUMP started trading at $13.3 yesterday. It soon settled near the $13.25 mark. The buying pressure mounted as a golden cross formed on the MACD. An uptrend commenced taking TRUMP to $14.2 by 4:00 UTC. The coin reached overbought conditions on the RSI indicator on its way up, and a period of stabilization followed. At 4:20 UTC< another golden cross formed, causing the TRUMP coin to spike up to $14.95. With bearish pressure looming, the negative TRUMP trend was successfully resisted with a trading range that lasted till 7:30 in the morning.
Chart 1: published on TradingView, April 27, 2025
At 7:30, with the RSI now settled around the midline, a golden cross formed, and a steep bullish TRUMP trend was seen. This trend led TRUMP to $16.2 by 8:40. Sharp reversal from the overbought conditions followed, but TRUMP managed to muster an uptrend against. This uptrend failed to go beyond $16. TRUMP, having evaded the bearish trend till now, finally succumbed to the 11:00 UTC death cross, leading it straight down to $14.85 by 14:30 UTC.
From this point, with the RSI primed for gains, a gradual uptrend began, as TRUMP slowly made its way to $15.75 by 19:30 UTC. A slight downtrend followed, as Bitcoin retraced to $15.3. However, it quickly went up to $15.8 and formed a trading range of sorts, leading to $15.6 by midnight.
TRUMP Price Action Today: April 27, 2025
In the initial hours, TRUMP slumped to $14.8 by 2:00 UTC. Oversold conditions persisted on the RSI and a reversal was seen. The bullish TRUMP trend however, plateaued soon at $15.6. Failing to ascend further, the price dropped, relinquishing the $14.8 support. The memecoin fell to $14.3. Since then, an upward trend has spawned and TRUMP has stabilized around the $14.8 mark again.
TRUMP Prediction: Can TRUMP Continue the Bullish Run
Much like the wider market, TRUMP seems to have entered a slow corrective phase after last week’s exceptional performance. This can be seen by the RSI entering overbought zones with even slight uptrends. This indicates high bearish pressure, which means that TRUMP may fall further down in the coming hours. If it conforms to the bearish TRUMP prediction, a $14 support test may be on the cards.
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