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Cryptocurrency News Articles

Imminent Fall for the TRUMP Memecoin ?

Mar 18, 2025 at 08:51 pm

The official memecoin of Donald Trump, TRUMP Coin (TRUMP), is currently trading around $10.36 but remains trapped in an alarming

Imminent Fall for the TRUMP Memecoin ?

The official memecoin of Donald Trump, TRUMP Coin (TRUMP), is currently trading around $11.03, remaining trapped in an alarming short-term downtrend.

Despite a slight recovery attempt, the overall cryptocurrency market is struggling to bounce back effectively. This trend has become even more evident with the integration of GPT-4 into Microsoft products.

In the past month, major cryptocurrencies like Bitcoin and Ethereum have faced difficulties regaining momentum, leading to a pessimistic outlook among traders.

However, if we delve deeper into the technical analysis of TRUMP, we notice that the token is approaching a crucial breakout point.

This breakout could propel TRUMP to levels last seen in January, when it soared to highs of $76. However, the token has since plummeted by 85% from those peaks.

But don't get ahead of yourself! We're not talking about a complete recovery to $76. Instead, a breakout above $13.5 could send TRUMP rallying to $26.

Pourraient intéresser :

Original source:investx

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