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The Official Trump price pumped 4% in the past 24 hours to trade at $9.53 as of 4:40 a.m. EST, with trading volume dropping 19% to $474 million.
This rise in the TRUMP price comes as US President Donald Trump said that the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act will pass early Wednesday morning.
“I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass the GENIUS Act and, after a short discussion, they have all agreed to vote tomorrow morning in favor of the Rule,” Trump wrote in a Truth Social post yesterday.
Can the Official Trump price still soar after the bill passes?
Official Trump Price Breakout Signals A Sustained Surge
The TRUMP price has been in a sustained downtrend since peaking in early 2025, forming a well-defined falling wedge pattern, which is a bullish reversal signal.
The Official Trump price recently broke out of the wedge’s upper trendline, signaling a potential shift in market sentiment, as GeckoTerminal data shows.
Meanwhile, the 50-day Simple Moving Average (SMA) currently sits at $9.76, just above the current price of TRUMP at $9.54, acting as immediate resistance. A close above this level would confirm the bullish breakout.
The Relative Strength Index (RSI) currently stands at 52.64, which is slightly above the neutral 50 level. This suggests momentum is shifting to the upside.
Moreover, the Moving Average Convergence Divergence (MACD) indicates a bullish crossover, with the MACD line above the signal line, which supports the notion of growing bullish momentum.
If the TRUMP price can sustain its breakout above the descending wedge and reclaim the 50-day SMA, the next resistance zone lies near $11.50–$12.00.
However, failure to hold above the breakout level may result in a retest of the $8.00–$8.50 support zone for the Official Trump price.
In the meantime, investors are rotating funds into Best Wallet (BEST), which popular YouTube channel 99Bitcoins, with over 723K subscribers, says is one of the cryptos that could potentially soar 100X after launch.
Best Wallet Closes On The $14 Million Mark – Next 100X Crypto?
Best Wallet is quickly establishing itself as a top-tier DeFi wallet, offering a sleek, user-friendly experience that appeals to both crypto newcomers and seasoned investors.
With a massive and rapidly growing user base, it’s becoming the preferred choice in the decentralized finance ecosystem.
Still in its early stages of presale, the project has already raised over $13.93 million and is quickly hurtling towards $14 million.
🔥 Over $13M Raised and Counting! 🔥
Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters:
✅ Buy new tokens early, directly in-app
✅ Buy and bridge across chains in one place
✅ Full portfolio control, no clutterDownload… pic.twitter.com/0SDNVPov6v
— Best Wallet (@BestWalletHQ) June 4, 2025
Its built-in decentralized exchange (DEX), presale aggregator, and upcoming crypto debit card set it apart in a crowded field. However, what’s turning heads is its “Upcoming Tokens” feature, a launchpad that has already proven its knack for spotting winners.
Projects like Pepe Unchained (PEPU) and Catslap (SLAP), flagged early by Best Wallet, delivered jaw-dropping gains of 500% and 7,000%, respectively, for early adopters.
Security remains a cornerstone, with biometric authentication and decentralized recovery options ensuring users retain complete control of their funds.
The native token, BEST, is the engine behind this ecosystem. What’s more, holding the token unlocks perks like reduced trading fees, access to exclusive presales, and staking rewards boasting an impressive 98% annual return.
The BEST token is currently priced at $0.025335. With the next price hike looming in around 10 hours, buy soon to secure the best deal.
Check out BEST on its official website.
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