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The Official Trump price plunged 5% in the last 24 hours to trade at $10.53 as of 3:20 a.m. EST on trading volume that rose 46% to $1.1 billion.
This drop in the TRUMP price comes as embattled Sam Bankman-Fried (SBF) aims to get a presidential pardon from Donald Trump.
Official Trump Price Analysis: Potential Breakout On The Horizon?
Since its peak near $73, the TRUMP price has experienced a significant decline, forming a long-term falling wedge pattern.
This pattern, typically considered bullish, is characterized by progressively lower highs and lower lows that converge toward a point of breakout.
Meanwhile, the 50-period Simple Moving Average (SMA) on the 4-hour chart at $12.38 acts as a short-term resistance. The 200-period SMA at $15.13 represents a significant resistance zone, aligning with past Official Trump price rejections, according to GeckoTerminal data.
The Relative Strength Index (RSI) is at 34.31, indicating that the asset is near oversold territory. RSI values below 30 suggest potential price rebounds, while values between 30-40 indicate accumulation before a potential uptrend.
TRUMP Price Prediction
If the TRUMP price breaks out of the falling wedge, the bulls could push prices toward the $32 target, representing a 199% increase from the current level. The first resistance to clear is around $15.13 (200-day SMA).
However, if the bears continue to push the price down, the next possible support level could be around $8.5.
As the price of Official Trump plunges, investors are snapping up a new AI agent crypto called MIND of Pepe (MIND), which 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says has the potential to soar 20X after its launch.
MIND Of Pepe Presale Garners Over $7.2 Million – Next Big Crypto?
MIND of Pepe, an emerging AI-driven meme coin, continues its impressive presale campaign, closing on the $7.5 million in just a few months.
Most meme coins rely on community-driven hype and lack real-world functionality. However, MIND of Pepe takes a different approach by integrating AI-powered technology into its ecosystem.
One outstanding feature of the project is its AI’s ability to identify emerging trends in the Web3 space on social media platforms, especially ‘Crypto Twitter,’ before the rest of the market catches on.
MIND of Pepe’s AI agent doesn’t just passively observe; it also actively engages with influencers, platforms, and communities to shape the market narrative and passes the insights it has gathered to MIND holders through token-gated groups.
MIND holders also have the opportunity to stake their tokens for a stratospheric 313% annual percentage yield (APY).
Currently, MIND tokens are priced at $0.0034955 and can be purchased using either crypto or a bank card through the simple buy widget embedded on the project’s website. Interested investors will want to act fast, because a presale price hike will come into effect in just over 37 hours.
Learn more about MIND of Pepe.
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