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The Official Trump price slipped over 1% in the past 24 hours to trade at $9.85 as of 4:30 a.m. EST, with trading volume down 32% to $837 million.
This comes as President Donald Trump took the fight to the Federal Reserve’s door, after months of criticizing Fed Chair Jerome Powell.
On Thursday, Trump scorned the central bank chief over the ballooning costs of a long-planned building project.
However, Powell pushed back, challenging the president’s latest price tag as incorrect.
Trump claimed that the renovation would cost $3.1 billion, much higher than the Fed’s $2.5 billion figure.
Overall, the Official Trump price has been down 7% in the last 7 days. Can the TRUMP price recover?
Official Trump Price Teeters At Key Support After Rounded Top Reversal
The TRUMP price recently completed a sharp upward move followed by a rounded top formation.
After peaking near $11.84, the Official Trump price retraced significantly, breaking below the 50 Simple Moving Average (SMA) on the 4-hour chart and testing the 61.8% Fibonacci retracement level at around $9.80, as GeckoTerminal data shows.
The price of Official Trump action now sits just below this key level, indicating a loss of bullish steam and potential transition into a consolidation or bearish phase.
Meanwhile, the 200 SMA on the 4-hour timeframe around $9.40 has acted as recent support.
The Relative Strength Index (RSI) is at 38.21, approaching oversold territory, suggesting that sellers are in control, but the price of Official Trump may be nearing a short-term bounce zone.
With the ongoing breakdown, the TRUMP price could continue to test support near the 200 SMA around $9.40 or even the 78.6% Fibonacci level at $9.24.
However, if bulls step in near these supports and RSI rebounds from oversold, a recovery toward $10.18 (50% Fib level) is possible
Meanwhile, opportunistic investors are redirecting their funds to a new ICO crypto called Snorter Token (SNORT). According to Jacob Crypto Bury, a popular crypto YouTuber with over 57K subscribers, SNORT could potentially soar 100X on launch.
Snorter Token Presale Racing Towards The $3 Million Mark – Next 100X Crypto?
Snorter Token promises a Telegram-based bot for trading meme coins on Solana, complete with sniper order features, MEV protection, scam detection, and copy-trading. Its presale has garnered over $2.37 million in funding, showcasing continued interest from investors.
Instead of selling illusions, Snorter delivers the kind of infrastructure that matters when speed, cost, and timing can make or break a trade.
Built directly on Solana, Snorter bypasses Ethereum’s network congestion and sky-high gas fees.
It’s optimized for fast execution and low-cost trades from the start, thanks to custom RPC connections through private Solana nodes.
It’s incredibly adept at navigating token launches to stay ahead of MEV bots and whales as well, and it has an 85% success rate at identifying rug pulls.
Snorter Bot also beats the competition in terms of fees. By simply holding the SNORT tokens, traders reduce their execution fees from 1.5% to 0.85%, undercutting other Telegram bots.
🚨 Crypto Cautionary Tale: James Wynn’s $100M Wipeout & Rise of Snorter Bot 🚨
🐋 Whale Gone Silent
James Wynn—once a meme-coin legend who turned thousands into millions—vanished after reportedly losing close to $100 million on high-leverage Bitcoin trades and deleting his X… pic.twitter.com/jCq8U2lD1P— Snap Media (@SnapMediaLive) July 17, 2025
Early investors can also stake their tokens for a massive 173% APY, although this rate decreases as more buyers join in.
The token is currently in the presale stage and is priced at $0.0993. Investors can buy SNORT tokens with SOL, ETH, USDT, or a bank card through the widget on the project’s website.
Interested investors should act before the next presale price hike in less than 2 days.
Check out the Snorter Token website.
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