{"id":624470,"date":"2025-02-06T08:38:56","date_gmt":"2025-02-06T08:38:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=624470"},"modified":"2025-02-06T08:38:56","modified_gmt":"2025-02-06T08:38:56","slug":"official-trump-price-prediction-trump-pumps-4-but-investors-flock-to-this-solana-meme-coin-rival-offering-223-staking-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/official-trump-price-prediction-trump-pumps-4-but-investors-flock-to-this-solana-meme-coin-rival-offering-223-staking-apy","title":{"rendered":"Official Trump Price Prediction: TRUMP Pumps 4%, But Investors Flock To This Solana Meme Coin Rival Offering 223% Staking APY"},"content":{"rendered":"
The Official Trump price jumped 4% in the last 24 hours to trade at $18.80 as of 11:27 p.m. EST on trading volume that surged 5% to $2.47 billion.<\/span><\/p>\n The <\/span>TRUMP price<\/span><\/a> analysis on the 4-hour chart exhibits a descending wedge pattern, which is generally considered a bullish reversal pattern. The Official Trump price has been declining within the wedge, making lower highs and lower lows.<\/span><\/p>\n This downtrend follows a massive initial price surge, indicating a natural correction and consolidation phase. TRUMP is currently testing the upper boundary of the wedge around $20, with a slight bounce suggesting potential support, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n Additionally, the 50-day Simple Moving Average (SMA) at $22.12 is acting as dynamic resistance, keeping the price below it. If the price of Official Trump breaks above this level, it could trigger bullish momentum.<\/span><\/p>\n The Relative Strength Index (RSI) is currently at 45.29, which is below the neutral 50 level but not in oversold territory. This indicates that the price of TRUMP is still in a bearish phase but has room for upside movement. If the RSI moves above 50, it would confirm increasing bullish momentum.<\/span><\/p>\n Meanwhile, the Moving Average Convergence Divergence (MACD) is showing early signs of a potential bullish crossover. The MACD line (blue) is attempting to cross above the signal line (orange), which is a positive indicator. If this crossover materializes with increased volume, it could signal the start of an upward trend.<\/span><\/p>\n Given the descending wedge pattern, the RSI hovering near neutral, and the MACD showing early bullish signs, there is a strong possibility of an upcoming breakout.<\/span><\/p>\n If TRUMP\/USD breaks above $22.12 (50-day SMA), it could rally toward $25–$30 in the short term.<\/span><\/p>\n However, failure to break out could lead to further consolidation within the wedge before an eventual move. A drop below $18 could invalidate the pattern and lead to further downside, with $15 being the next psychological support level.<\/span><\/p>\n Meanwhile, investors are also buying a new Solana meme coin called <\/span>Solaxy (SOLX)<\/span><\/a>, which popular YouTube channel 99Bitcoins, with over 724K subscribers, says has the potential to soar 100X post-launch.<\/span><\/p>\nOfficial Trump Price Aims For A Rebound<\/b><\/h2>\n
TRUMP Price Prediction<\/b><\/h2>\n