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Cryptocurrency News Articles

The OFFICIAL TRUMP Price Today is Trading Near $12.86

May 24, 2025 at 04:03 pm

The OFFICIAL TRUMP price today is trading near $12.86, struggling to recover after a sharp two-day decline from highs near $15.70.

The OFFICIAL TRUMP Price Today is Trading Near $12.86

The OFFICIAL TRUMP price today is trading near $12.86 as it struggles to recover following a sharp two-day decline from highs around $15.70. The drop, which was triggered by overbought exhaustion and a breakdown from local rising channels, has turned short-term sentiment cautious.

While the broader trend remains bullish, the recent correction has tested key moving averages, sparking questions about whether the pullback is over or if we can expect more volatility.

On the 4-hour chart, the price action shows a clear rejection from the upper Bollinger Band at $15.90 on May 22, followed by a swift descent below the 20-EMA ($13.69), 50-EMA ($13.57), and even the 100-EMA ($13.23).

This steep fall broke below the mid-Bollinger band and entered lower band territory, where the price briefly tagged the 200-EMA at $12.62 before bouncing.

The lower Bollinger Band is now providing temporary support around $12.41, while the 100-EMA and 20-EMA in the $13.20–$13.70 zone form the first zone of resistance for any bounce attempt. However, with volatility expanding and candles forming long upper wicks, recovery rallies may face immediate supply pressure.

Why Is The Price Of OFFICIAL TRUMP Going Down Today?

The question is: why is the price of OFFICIAL TRUMP going down today after its steep rally earlier in the week?

The answer lies in a combination of technical overextension and breakdown signals. On the 30-minute chart, both RSI and MACD are highlighting a decline in bullish momentum. RSI is now at 44.18 and failed to pierce the 50 mid-point during the bounce, whereas MACD is still below the signal line despite showing a minor positive histogram. This suggests that while bears are slowing down, buyers haven’t fully reclaimed short-term control.

Further indicating caution, Stoch RSI on lower timeframes is again approaching overbought levels (82.91), hinting that the relief bounce may be short-lived unless bulls push decisively above $13.20.

From a structural standpoint, we can see that the cryptocurrency is trading below a descending trendline connecting the highs of May 22, with visible resistance around $13.73 on the 30-minute chart. A sustained breakout above this zone is needed to flip the short-term bias back to bullish. Otherwise, the prevailing trendline keeps the pressure tilted downward.

The Ichimoku Cloud analysis on the 30-minute timeframe shows price is hovering just at the lower edge of the Kijun-Sen and Tenkan-Sen, but still underneath the cloud, which implies trend weakness. The cloud ahead remains bearish with no bullish twist yet, indicating more time is needed before the pair reclaims higher ground.

OFFICIAL TRUMP Price Update: Key Levels To Watch

The OFFICIAL TRUMP price update shows the token is at a critical juncture, caught between strong resistance and modest support.

On the 4-hour chart, the bounce from $12.41 (lower Bollinger Band) will need to flip $13.23 (100-EMA) and $13.57 (50-EMA) to confirm a recovery leg. Until then, risks remain skewed to the downside.

The immediate downside support now lies between $12.60–$12.40, followed by the liquidity pocket around $11.87 as seen on the higher-timeframe demand zone. If this cluster breaks, the next major support lies around $10.80 and $9.40 based on recent accumulation structures from early May.

On the flip side, if bulls manage to reclaim $13.70, the momentum could retarget $14.70 and eventually $15.90. However, such upside moves require confirmation via RSI strength above 50 and a bullish crossover in MACD—neither of which is present yet.

Short-Term Outlook: Is A Final Bottom In Sight?

In the short term, the OFFICIAL TRUMP price volatility remains elevated, with Bollinger Bands expanding and no clear consolidation range forming yet.

A cautious rebound scenario remains valid as long as the price holds above $12.40. But unless buyers step in with conviction to retake the $13.70–$14.00 range, the risks of another drop remain.

Overall, the OFFICIAL TRUMP price spikes have now transitioned into a cooling-off phase. This pullback reflects a technical reset rather than a structural reversal—at least for now. The price must stabilize above the 100

Original source:coinedition

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