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The OFFICIAL TRUMP price has soared 21% in the last 24 hours to trade at $14.11 as of 10:30 EST on a 92% pump in trading volume to $1.76 billion.
The pump in the TRUMP price follows a shouting match between Ukraine President Volodymyr Zelensky and US President Donald Trump and Vice President JD Vance in the White House’s Oval Office on Feb. 28.
#BREAKING Donald Trump has had enough of Zalensky
"Your country is in big trouble. You're not winning. You have a damn good chance of coming out okay because of us."
CUT ZALENSKY OFF! pic.twitter.com/GB4pBHn8jY
— We The Memes (@MericanMemes) February 28, 2025
The extraordinary public showdown, played out before television cameras, has left relations between the two countries on the ropes, while its biggest winner is likely to be Russian President Vladamir Putin, who invaded Ukraine a little over three years ago.
OFFICIAL TRUMP Price Gears Up For A Bullish Rally – Can Bulls Sustain The Momentum?
The TRUMP/USDT pair shows a strong bullish breakout, currently trading at $14.13, with a 24-hour high of $14.30 and a low of $13.75. This 1.07% price increase reflects growing buying momentum, possibly fueled by recent political developments and speculation.
After an extended bearish trend, the price found a solid support level at $11.20, where a rounded bottom pattern emerged, signalling a potential bullish reversal. The breakout above the $13.00 – $13.50 resistance zone confirms increased demand, with traders now eyeing the next key resistance at $17.50 – $18.00.
TRUMPUSDT Analysis Source: Tradingview
The Relative Strength Index (RSI) is currently at 74.47, placing the asset in overbought territory. This indicates that while momentum is strong, there could be a temporary pullback before further gains. Additionally, moving averages (13.03 and 12.63) provide short-term support, reinforcing the possibility of price stabilization before the next upward move.
A retest of the $13.00 – $13.50 zone could offer a fresh entry opportunity for traders looking to ride the next leg of the rally.
In a bullish scenario, if TRUMP/USDT maintains its momentum and holds above the $13.00 – $13.50 support, the next target is a move toward the major resistance zone at $17.50 – $18.00. Breaking this level could open the door for an extended rally.
However, in a bearish scenario, if the price faces rejection around $14.50 – $15.00, a short-term pullback to $13.00 or even $12.63 could occur before buyers step in again.
For traders, a smart strategy would involve buying dips near $13.00 – $13.50, as this level could act as a strong support zone. If it remains above 70 for an extended period, profit-taking and consolidation might follow before another upward surge.
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