{"id":620339,"date":"2025-01-22T08:58:04","date_gmt":"2025-01-22T08:58:04","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=620339"},"modified":"2025-01-22T08:58:04","modified_gmt":"2025-01-22T08:58:04","slug":"official-trump-price-prediction-trump-pumps-21-after-donald-trump-pardons-ross-ulbricht-but-investors-fomo-buy-this-meme-coin-before-its-too-late","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/official-trump-price-prediction-trump-pumps-21-after-donald-trump-pardons-ross-ulbricht-but-investors-fomo-buy-this-meme-coin-before-its-too-late","title":{"rendered":"Official Trump Price Prediction: TRUMP Pumps 21% After Donald Trump Pardons Ross Ulbricht, But Investors FOMO Buy This Meme Coin Before It\u2019s Too Late"},"content":{"rendered":"
The <\/span>Official Trump price<\/span> pumped 21% in the last 24 hours to trade at $40.83 as of 11:27 p.m. EST on trading volume that dropped 32% to $14.5 billion.<\/span><\/p>\n This comes after US President Donald Trump followed through on his promise to pardon Ross Ulbricht, the founder of the online drug market Silk Road, who was imprisoned for 12 years.<\/span><\/p>\n <\/p>\n According to Trump, Ulbricht’s sentence of 40 years plus two life sentences was “ridiculous.”<\/span><\/p>\n The <\/span>TRUMP price<\/a> chart in the 15-minute timeframe exhibits a consolidation phase after a significant price surge earlier in the chart’s history. <\/span><\/p>\n The recent Official Trump price action is forming an ascending triangle pattern, characterized by a series of higher lows and a horizontal resistance level around $41.90, according to data from <\/span>GeckoTerminal<\/a>.<\/span><\/p>\n Following a steep climb to highs near $76, the price of TRUMP reversed and entered a corrective phase. The consolidation around $40-$45 suggests that traders are waiting for a breakout or breakdown, likely influenced by broader market sentiment or key support\/resistance levels.<\/span><\/p>\n As a result of the continued drop, the price of Official Trump now trades below both the 50-day and 200-day Simple Moving Averages (SMAs). <\/span><\/p>\n However, the 50-day SMA (white line) is moving up towards the 200-day SMA, which could create a golden cross in the coming hours. <\/span>If this happens, the SMAs could suggest an incoming price surge.<\/span><\/p>\n Meanwhile, the Relative Strength Index (RSI) is at 45.66, which is below the neutral 50 level. This places the market in a mildly bearish zone, suggesting weak momentum for a bullish move.<\/span><\/p>\nOfficial Trump Price Gearing Up Towards A Sustained Breakout<\/h2>\n