Summary
- $TRUMP price rebounding after the recent fall, staying above the $10.39 mark.
- RSI moving out of oversold territory signals a waning bearish drive.
- The resistance cluster spanning $10.89 to $11.20 is pivotal to the next price breakout.
- Should a breakout take place, expected upside targets lie at $12.26 (50‑day EMA) and $13.53 (100‑day EMA).
- The political headlines sparked by Eric Trump’s announcement drew market attention, yet price response so far has been subdued.
- Accumulation zone nestled between $9.00–$10.50 presents a prospect for high‑risk investors.
- The long‑term bias still remains bearish; however, early indications of a possible reversal are taking shape.
Current outlook and price‑tracking for $TRUMP Coin
Poised for a possible rebound, the $TRUMP coin has begun to exhibit encouraging signs after its sharp fall to $9.32. Since that low, buyers have returned to the scene, elevating price above $10.39 and taking it to a 24‑hour high of $10.96. The rebound implies that the coin’s worst might already be in the rearview for now.
Major resistance anchors itself at roughly $10.89 to $11.20, and a successful breach of that range could steer the coin up toward the 50‑day EMA at $12.26 and possibly the 100‑day EMA at $13.53. From a bearish standpoint, support can be found between $9.75 and $9.30, with additional floors marked by Fibonacci retracements at $10.61, $9.94, and $8.86.
Momentum Indicators Signal Trading Warning
- The RSI’s substantial rebound from oversold territory (29.30) to 45.07 now signifies that bearish momentum is waning.
- Meanwhile, the MACD stayed under zero yet neared a bullish crossover that would validate mounting upward momentum.
However, caution is warranted
- The Chaikin Money Flow indicator sits at –0.17, indicating that more money is exiting $TRUMP than entering it.
- Bull Bear Power (BBP) still lingers at –0.71, ensuring that bears still command the upper hand—even as it looks as if their dominance is waning.
Headlines keep traders interested, yet the price still remains quite subdued
- Eric Trump’s disclosure that World Liberty Financial intends to accumulate a substantial quantity of $TRUMP for its treasury sent the token 6.4% higher before it soon eased back to roughly $10.10. Nevertheless, within minutes prices slid back toward $10.10, pointing to a subdued market response.
- The controversy surrounding the “Official TRUMP Wallet” likewise created additional turbulence in the market. Eric Trump took down the unauthorized wallet, and Donald Trump Jr. confirmed that an officially sanctioned wallet would be released soon. Although they have sparked interest, the developments have thus far failed to provoke significant price moves.
Even so, as the U.S. election cycle intensifies, a fresh endorsement—or a fresh burst of media buzz—could prove a potent catalyst for the $TRUMP price within the meme‑coin arena.
Long‑term—June and the months that follow—what to expect for $TRUMP?
Turning our eyes forward, we maintain a cautiously optimistic outlook for $TRUMP. Should the broader cryptocurrency market rally and political excitement around the upcoming election intensify, $TRUMP could advance to $16–$18 by late June 2025. Deprived of these catalysts, the coin is expected to settle into a narrow sideways trade range of around $9.50 to $13.00.
Risk‑tolerant investors hunting for a future hype cycle continue to view the $9.00–$10.50 zone as a pivotal area for accruing. A clean breach past $14 would mark the onset of a new bull phase, paving the way for still loftier target prices.
Conclusion
- Current price dynamics and technical indicators imply that the coin may be beginning to shift from its recent slide.
- Even though bearish pressures are still at play, weakening resistance and supportive political shifts justify a guardedly optimistic stance.
- To determine the next direction, investors ought to keep a close eye on the $10.89–$11.20 resistance zone and the wider sentiment of the crypto market.