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The Official Trump price has slumped 6% in the last 24 hours to trade at $27.76 as of 7.05 a.m. EST on a 27% plunge in trading volume to 27 billion.
Official Trump Price Rebounds Within A Descending Triangle
The TRUMP price is currently in a phase of consolidation within a descending triangle pattern, with the price hovering around $28.35. This pattern is characterized by a series of lower highs and a horizontal support at $26. This $26 support level has shown strong buyer interest in the past, forming a double-bottom pattern that hints at a potential bullish reversal.
Traders are closely watching the resistance trendline of the triangle, which converges near $28.50 to $29. This zone is key for either a breakout or rejection, as it has acted as a ceiling for price movement.
TRUMPUSD Analysis Source: Dextools.io
The technical indicators are showing mixed but slightly positive signals. The 50-period Moving Average (MA) on the 1-hour chart at $27.96 is currently acting as dynamic resistance, and a sustained move above this level could trigger a bullish shift in momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) has crossed into bullish territory, with the MACD line rising above the signal line and the histogram showing positive values. This suggests that upward momentum for the TRUMP price is increasing. The Relative Strength Index (RSI) indicator is neutral at 51.63, but its upward trend points to growing bullish strength without yet reaching overbought levels.
If the price breaks above $28.50 and holds, it could aim for a target between $30 and $32, aligning with the chart’s “More Uptrend Ahead” annotation. However, if the price gets rejected and falls below $26, a drop toward $24–$25 would be in play, which would invalidate the bullish outlook. The next crucial levels are $28.50 as resistance and $26 as support, and watching for changes in volume and further technical signals will be essential to confirm the direction of the meme coin’s next move.
Wall Street Pepe Presale Hurtles Toward $64M – Only 17 Days Left!
Even as the Offical Trump price gears for a break out above the descending triangle, investors are flocking to Wall Street Pepe (WEPE), a new frog-themed meme coin that has already raised over $63.6 million in its presale with just 17 days left for investors to get in on the ground stages of the new crypto.
Making calls. Numbers go up. Getting it done. 🐸⚔️ pic.twitter.com/di6kxYJjLU
— Wall Street Pepe (@WEPEToken) January 27, 2025
WEPE is generating excitement as anticipation builds for what could be one of the most significant ICOs of 2025. The project aims to create a collaborative platform where members can share market insights, identify early trade opportunities, and collaborate with each other to achieve strong returns. Its ultimate goal is to empower smaller investors and challenge the dominance of whales in the crypto market.
An analyst from 99Bitcoins, a well-known crypto YouTube channel with 722K subscribers, ranks WEPE among the top five cryptos with 10X potential.
Currently, WEPE tokens are selling at $0.0003665 per token, and can be purchased using ETH, USDT, or a bank card. After acquiring WEPE, investors can also earn a 19% annual return by staking their tokens.
However, with only about 17 days remaining until launch, investors have a limited time left to get their hands on some WEPE tokens before the project goes live.
Buy WEPE tokens here before the project’s presale sells out.
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