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The OFFICIAL TRUMP price has slumped 4% in the last 24 hours to trade at $13.64 as of 9.30 p.m. EST on a 13% plunge in trading volume to $1.32 billion.
The decline in the TRUMP price comes despite Donald Trump’s upcoming White House Crypto Summit on March 7, where industry leaders and policymakers will discuss regulatory clarity, stablecoins, and Bitcoin’s role in the US financial system.
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt
— David Sacks (@davidsacks47) March 1, 2025
Chaired by White House Crypto and AI Czar David Sacks, the summit will underscore Trump’s commitment to making the US the world’s crypto capital.
OFFICIAL TRUMP Price Eyes Breakout As Bulls Target $14.24 Resistance
The TRUMP/USDT trading pair shows signs of a potential bullish breakout despite a 1.25% decline, with the price currently trading at $13.39.
The token has been consolidating after a sharp drop last week, forming a rounded bottom pattern, often a signal of a strong upward move.
Traders are now watching key resistance levels that could determine the next big price movement.
Over the past few days, TRUMP/USDT traded within a bearish channel, falling to a major support level at $11.84 before bouncing back.
This support level has acted as a strong demand zone, preventing further declines and allowing buyers to regain control.
TRUMPUSDT Analysis Source: Tradingview
Now, the token is approaching the critical $14.24 resistance level, a zone that has rejected multiple breakout attempts.
A successful move above this level could pave the way for a rally toward the major resistance zone at $18.00, which would mark a significant price increase.
TRUMP Price Resistance Holds As Bulls Push For Breakout
However, failure to break $14.24 could lead to a pullback, with $13.00 acting as immediate support.
If selling pressure intensifies, the price could drop further, retesting the $11.84 support zone, which remains a crucial level for bulls to defend.
Technical indicators indicate that momentum is shifting in favour of buyers. The Relative Strength Index (RSI) is currently at 56.31, indicating growing bullish momentum while staying below the overbought threshold of 70.
This means there is still an opportunity for further upside before the market overheats.
As TRUMP/USDT hovers around a key breakout zone, traders closely monitor volume levels and RSI movements. A surge in buying pressure could confirm a breakout above $14.24, triggering a potential rally toward $18.00.
With market sentiment shifting, all eyes are on the next move that could define TRUMP’s short-term price trajectory.
Solaxy Presale Heads For $25 Million As Whale Makes Huge Buy
Meanwhile, as the TRUMP price hovers near a key breakout level, investors are pouring funds into a Solana Layer 2 project called Solaxy (SOLX), pushing its presale past $24.5 million.
Its presale funds were bolstered by a huge whale buy worth more than $200k today, March 2, that underscores trust in the SOLX project among large investors as being the best crypto to buy now.
The recent surge in meme coin trading on Solana’s Pump.fun has increased network congestion. Solaxy aims to solve this issue with its advanced scaling solution.
2/ SOLX Presale Reaches $23 Million
The SOLX token presale shows massive investor interest! Prices rise gradually, with funds raised exceeding $23 million.
This token is essential for covering transaction fees within the Solaxy ecosystem. Strong momentum for this Layer-2… pic.twitter.com/hU6MIp8oVq
— NYC (@NgYC_87) February 24, 2025
Solaxy’s layer 2 sidechain handles transactions separately from the main network, then packages them and sends them back to Solana’s layer 1 for final approval, easing congestion, cutting fees, and boosting speed.
Its modular infrastructure features plug-and-play components, enabling seamless development of diverse applications. Last month, Solaxy reported significant progress in deploying its technology, moving closer to its official launch.
Market analysts believe $SOLX could achieve Solana-like gains of 35,170% over its lifetime. While some projections are more conservative, several influencers share a similar outlook.
An analyst from the 99Bitcoins YouTube channel, which has over 726k subscribers, predicts Solaxy could surge 10x following its launch.
Presale investors can stake SOLX and earn a huge 167% annual yield, with over 6.8 billion tokens already staked.
At this early stage, Solaxy offers a chance to acquire tokens for $0.00165. Investors can purchase $SOLX using ETH, USDT, BNB or SOL on the official website or through a crypto wallet like Best Wallet.
Those interested should secure this deal fast before the price increases in about 12 hours.
Visit the official SOLX website.
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