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The Official Trump price soared 6% in the last 24 hours to trade at $7.60 as of 3:49 a.m. EST, with trading volume surging 24% to $719 million.
This rise in the TRUMP price comes as markets rebound after Donald Trump froze worldwide tariffs at 10% for 90 days, except for China, which now faces a 125% levy.
BREAKING 🚨 CHINESE YUAN FALLS TO LOWEST LEVEL IN 18 YEARS
TARIFFS ARE TAKING A HUGE TOLL ON CHINA pic.twitter.com/4L3O2m7aTo
— CryptoSavingExpert ® (@CryptoSavingExp) April 10, 2025
As a result, China’s yuan closed at its weakest level in over 18 years on Wednesday over tensions from the escalating US-China trade war, which shook currency markets.
Official Trump On A Sustained Bearish Trend
The TRUMP price on the 4-hour timeframe displays a clear downward channel pattern, characterized by consistent lower highs and lower lows.
This descending trend has been intact since early March, with the Official Trump price respecting the channel’s upper and lower bounds.
A key event in the chart is the “Fake Out” label, which highlights a moment when the price of Official Trump briefly broke above the upper channel resistance, only to swiftly retrace back inside, a classic bull trap scenario.
Since then, TRUMP has continued trending lower within the channel, confirming the prevailing bearish structure.
Most recently, the TRUMP price has found support near the bottom of the channel around the $7.00 region and is now attempting a short-term rebound toward mid-channel levels, as GeckoTerminal data shows.
Meanwhile, the 50 Simple Moving Average (SMA) (currently at $8.70) and the 200 SMA (at $10.47) are both sloping downward, reinforcing the bearish momentum.
The price of TRUMP is currently trading below both SMAs, suggesting continued selling pressure.
The Relative Strength Index (RSI) is at 47.86, slightly below the neutral 50 mark. This indicates that the market is in a mildly bearish or indecisive phase.
TRUMP Price Prediction
The Official Trump price remains bearish within a defined falling channel given the current technical setup.
Unless there is a confirmed breakout above the upper trendline and the 50 SMA (around $8.70–$9.00), the broader trend is expected to continue downward.
However, in the short term, the asset may test the mid-channel resistance zone around $8.70, with potential upside capped near the 200 SMA ($10.50) if momentum increases.
If the Official Trump price fails to convincingly break above the $9.00 resistance area, another rejection could push it back toward the lower channel boundary at $7.00 or lower.
Meanwhile, crypto investors are turning to BTC Bull Token (BTCBULL), a promising Bitcoin-themed meme coin.
YouTube channel 99Bitcoins, which boasts over 725K subscribers, predicts 10X gains for BTCBULL holders after the token launches.
BTC Bull Token Presale Racing Towards The $5 Million Milestone
BTC Bull Token is a one-of-a-kind project that enables its holders to earn real Bitcoin rewards without the need to invest in BTC directly.
The project’s presale has already raised over $4.53 million, signaling rising interest amid a volatile market.
BTCBULL holders will receive free Bitcoin when BTC crosses $150K and again at $200K. These events are designed to reward loyal supporters directly during high-momentum market phases.
Perhaps the most anticipated event of all is that when Bitcoin reaches $250,000, the project will conduct a monumental airdrop, distributing 10% of the entire 21 billion token supply to early supporters.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
In addition to BTC airdrops, the team will also carry out token burns, permanently removing a portion of the total supply. The aim is to follow Bitcoin’s footsteps and increase scarcity and value.
Bitcoin Bull token holders can also earn passively by staking their tokens for a 92% annual yield (APY).
Investors participating in the presale can visit the official BTC Bull Token website to buy BTCBULL for $0.002455 each using BNB, ETH, USDT, or a bank card.
Buy BTCBULL before a price hike in about 2 days to secure the best deal.
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