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The Official Trump price dropped 1% in the past 24 hours to trade at $9.28 as of 5:00 a.m. EST, with trading volume surging 12% to $282 million.
The drop in the TRUMP price comes as US President Donald Trump mulls joining the Israel-Iran war. President Trump kept the world guessing about whether the United States would join Israel’s bombardment of Iranian nuclear sites as the Israel-Iran conflict entered its seventh day on Thursday.
Speaking to reporters outside the White House, Trump noted, “I may do it. I may not do it. I mean, nobody knows what I’m going to do.”
The TRUMP price has been on a decline in the last month, plunging over 27%.
Will the TRUMP price drop in the last month continue, or can the crypto recover?
Official Trump Price On The Brink: Will The Downtrend Break Or Continue?
The TRUMP price on the daily chart shows that the asset is in a clear bearish trend, continuing its descent from the May highs near the $14 level.
The Official Trump price has been making lower highs and lower lows, correcting within a falling wedge pattern, as GeckoTerminal data shows.
Furthermore, the price of Official Trump is clearly below the 50-day Simple Moving Average (SMA), reinforcing the bearish sentiment.
The Relative Strength Index (RSI) is currently at 32.83, which is near the oversold threshold of 30, suggesting weakening momentum.
TRUMP price is hovering just below the 0.786 Fibonacci level ($9.42), which is typically a deep retracement zone. A sustained break below this level would expose the previous lows.
If the price of TRUMP breaks above the wedge resistance and reclaims the $10.5–$11 zone convincingly, a move toward the 0.5 Fibonacci level at $11.96 and possibly toward $13.00 could follow.
However, if the pattern fails, the Official Trump could break below the wedge support that is currently hovering just above $9.00. In such a scenario, further downside toward the $8.00 support region or even a retest of the previous lows near $7.27 is likely.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to Crypto Boy, a popular crypto channel on YouTube with over 61.3K subscribers, HYPER could soar 100X after launch.
Bitcoin Hyper Presale Closes On $1.5 Million – Next 100X Crypto?
Bitcoin Hyper is a low-cap Bitcoin layer-2 presale that’s already raised over $1.41 million. The project is gaining early attention for combining scalability, fast transactions, and meme coin characteristics within Bitcoin’s layer-2 ecosystem.
Although Bitcoin dominates the crypto space, its network lacks the speed needed for modern use. Bitcoin Hyper aims to change that by launching the first scaling solution explicitly built for BTC.
🚨 Bitcoin Hyper is now live in Best Wallet! 🚨@BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.
It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1
— Best Wallet (@BestWalletHQ) June 5, 2025
This new layer-2 runs on the Solana Virtual Machine (SVM), enabling fast transaction speeds, lower fees, and support for high-performance applications. The project will utilize a Canonical Bridge to track BTC deposits and reflect them on the layer-2 network.
If you buy and stake now, you can also unlock a 538% annual return. The rate decreases as more people join, so it’s best to get in early.
Investors interested in participating in the presale can visit the official Bitcoin Hyper website to buy HYPER tokens for $0.01195 each using crypto or a bank card.
Buy before the next price increase in about 32 hours.
Visit the Bitcoin Hyper website.
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