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The Official Trump soared 10% in the last 24 hours to trade at $12.09 as of 3:28 a.m. EST, with trading volume surging 37% to $906 million.
This rally in the TRUMP price comes after US President Donald Trump hinted at a “major trade deal” announcement Thursday morning.
“Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a major trade deal with representatives of a big, and highly respected, country. The first of many!!!,” Trump wrote on Truth Social.
Official Trump Price Breakout Signals An Upward Trajectory
The recent price action of the TRUMP price has confirmed a falling wedge breakout, a classically bullish pattern.
After a significant rally in late April, TRUMP entered a corrective phase, forming a series of lower highs and lower lows within converging trendlines. This formed a falling wedge, a structure often interpreted as a continuation or reversal signal depending on the context.
The Official Trump price broke above the wedge’s upper resistance with strong bullish momentum, backed by a large green candle and increased volatility.
This breakout was particularly significant because it coincided with TRUMP climbing above both the 50 Simple Moving Average (SMA) on the 4-hour chart at $11.86 and the 200-day ($10.21), a dual signal of trend strength. The current price of Official Trump at $12.09 confirms the breakout and implies a possible continuation of the prior bullish trend, as GeckoTerminal data shows.
Meanwhile, the Relative Strength Index (RSI) stands at 64.19, which reflects solid bullish momentum without yet entering overbought conditions (above 70). This leaves room for further upward movement.
The Moving Average Convergence Divergence (MACD) has also turned bullish with the blue MACD line (0.17) crossing above the signal line (-0.14) and the histogram is showing positive momentum.
Falling wedge breakouts typically aim for a measured move equal to the wedge’s height. In this case, the projected target lies in the $14.50 to $16.00 range.
Conversely, the $10.21 level on the 200 SMA acts as a possible cushion against downward pressure.
Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND). 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 100X after launch.
MIND Of Pepe Presale Closing In On The $9 Million Mark
With just 23 days left in its presale, MIND of Pepe is making waves across the crypto market, having raised over $8.84 million.
MIND of Pepe runs on Ethereum and blends the meme coin community vibe with advanced AI tools. The project features a self-evolving AI agent that actively tracks social sentiment by scanning posts on X and Telegram activity.
This allows investors to get in early on AI-generated cryptocurrencies, making MIND a one-of-a-kind and promising project in the market.
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This AI agent is also designed to deploy its tokens, trade them, advertise them, sell them for profit, and reinvest the earnings into its native token, MIND.
MIND holders have the opportunity to stake their tokens for a stratospheric 257% annual percentage yield (APY) as well.
Currently, MIND tokens are priced at $0.0037515 and can be bought with either crypto or bank cards via the easy-to-use widget embedded on the project’s website.
Interested investors will want to act before MIND’s presale ends in around 23 days.
Visit the MIND of Pepe website.
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