Official Trump Coin’s explosive rally has shaken up the crypto leaderboard as prices blasted to $8.02, then settled near $6.77. As a trader, seeing this much volatility in a single day is both thrilling and instructive. The TRUMP coin price has now gained over 15% in a week, defying sector weakness and putting technical breakout levels in focus for everyone watching the charts.
The price is now hovering around critical resistance zones while technical indicators blink red. The question on my mind is whether this run still has steam, or if a sharp correction is waiting in the wings. Join me as I explore the potential price targets in this in-depth analysis
TRUMP Price Analysis
Trump Coin’s latest price surge punched through two ceilings, the 7-day SMA at $6.12 and the 23.6% Fibonacci retracement at $6.79. Short-term technicals look undeniably bullish, the MACD histogram just flipped positive, and the RSI-7 sits at a frothy 76.8. This tells me momentum is fierce, but profit-takers could step in at any sign of weakness.
Right now, the numbers on my radar are as follows:
- Immediate support is anchored at $6.79, with a deeper line at $6.12. If either fails, expect a move to $5.59.
- Bulls are eyeing a return to $7.50 and $8.02 as near-term resistance targets. Sustained closes above these would flag new highs in the making.
- With the price hugging the upper Bollinger Band and a 24-hour span between $6.18 and $8.02, volatility is through the roof. Successively, wide swings are probably here to stay until technical exhaustion or reversal sets in.
I’d sum up the setup as a classic momentum breakout, but one that’s getting long. If $6.79 holds as a launchpad, bulls have an opening to re-test $8+ quickly. If not, the overbought warnings could see a sharp slide toward the $6–$5.50 region as traders ring the register.
FAQs
Keeping a close eye on $6.79 as support and $7.50–$8.02 as resistance is key. Losing $6.79 could invite a correction, while breaking out above $8.02 might open doors to fresh highs.
Short-term RSI and MACD remain bullish, but overbought signals are flashing. The longer TRUMP hovers above $6.79, the likelier the trend can extend.
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