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The OFFICIAL TRUMP price has slumped 26% in the past week and 6% in the last 24 hours to trade at $7.46 as of 7 a.m. EST on a 12% plunge in trading volume to $557 million.
The slump in the TRUMP price comes as China today slapped 84% tariffs on the US to retaliate after US President Donald Trump hit China with tariffs totaling 104%.
The EU also hit back with tariffs worth about 21 billion euros on US goods in response to earlier tariffs imposed on the bloc by Trump.
Trump issues 104% tariff on China, effective today. Press Secretary Karoline Leavitt. "He's putting the world on notice and America first."
Do you support this?
— Adam Bourgeois (@ThAdamBourgeois) April 8, 2025
OFFICIAL Trump Price Continues To Dump – Can It Recover?
The TRUMP/USDT 4-hour chart on Binance shows a market currently leaning bearish, with the price hovering around $7.46. Despite the overall downtrend, there are early signs of a potential short-term rebound forming near the $7.00 level, where the price appears to be finding support.
Above the current price, immediate resistance is expected around the $8.00 to $9.50 range, which previously acted as a strong support zone before the breakdown—now likely to serve as resistance.
Further up, the $11.00 level represents a significant mid-term target, while the $13.00 to $15.50 region marks a major resistance zone due to its historical supply and the origin of the last major sell-off. If the rebound gains traction, price may also aim to fill a fair value gap (FVG) around $8.20 to $9.00, a common target area.
TRUMPUSDT Analysis Source: Tradingview
The Relative Strength Index (RSI), currently at 34.78 with a signal line at 31.97, shows that the asset is in oversold territory. This suggests that bearish momentum may weaken, and a reversal could be in play if RSI crosses above 40 with strength.
From a price action perspective, the break of structure (BOS) at the $10.50 level confirmed the ongoing bearish trend, and any sustained push back above this zone would indicate a possible shift in market structure.
In the bullish scenario, a clean bounce from the $7.00 support could drive the price toward $8.20 and possibly as high as $9.50 if momentum builds.
On the flip side, if the price fails to hold above $7.00, a further drop toward the $6.20 to $5.50 range is likely. RSI dipping below 30 again would reinforce this bearish outlook.
While the broader trend remains bearish, oversold conditions and early support at $7.00 suggest a short-term rebound could be on the horizon.
BTC Bull Token Presale Storms Toward $5 Million – Best Crypto To Buy Now?
As the OFFICIAL Trump token struggles, investors are buying into BTC Bull Token (BTCBULL), a new Bitcoin-inspired derivative that’s rapidly gaining traction in the crypto space.
The project’s presale has just coasted past $4.5 million. Crypto analyst and YouTuber Alessandro De Crypto, with over 14.4K subscribers, says he’s buying and predicts that BTCBULL could deliver substantial returns once it officially launches.
BTC Bull Token is a meme coin built to celebrate Bitcoin’s ambitious journey toward the $1 million milestone. As Bitcoin’s price rises, BTCBULL holders will be rewarded with free BTC airdrops, while the token’s supply will be reduced through strategic burns, creating a powerful tokenomics model.
BTCBULL token holders will start receiving Bitcoin airdrops once BTC hits $150K, with more airdrops triggered at every additional $50K milestone.
On the supply side, the first BTCBULL burn is scheduled for when Bitcoin hits $125K, followed by more burns for every $25K increase thereafter.
BTCBULL has breached the system. Bitcoin is here to stay. ⚡ $CTX $PRQ $SPA pic.twitter.com/1ri7pxPFD8
— Nadeem632 (@Nadeem6321) February 24, 2025
This dual mechanism, offering increasing rewards and reducing supply, could generate strong upward pressure on BTCBULL’s price.
Buy BTCBULL Now, Earn A 92% Staking APY
Buyers can also stake their tokens in a presale pool offering a huge 92% annual return.
Currently priced at just $0.002455, BTCBULL can be purchased via the project’s website using crypto or a bank card.
Buy before a price hike in less than 3 days to lock in the best deal.
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