TRUMP Price Falls 27% Following Donald Trump’s Inauguration
Trump’s stock price has plummeted more than 27% in the past 24 hours, and his market value is now $7.5 billion, down from nearly $15 billion two days ago. This sharp decline comes amid heightened volatilityas the coin trades within a consolidation range between the $30.3 support and $45 resistance.
Although technical indicators such as relative strength index The ADX indicates neutral momentum and the lack of a clear trend, with the potential for a major breakout or breakdown remaining high. If Trump resumes its uptrend, it could target an 88% rise to $71.8, but losing key support at $30.3 could lead to a sharp retracement to $15.43.
Trump RSI is currently Neutral
trump card The RSI is currently at 46.8, up sharply from 30 yesterday, indicating that the index has recovered quickly from oversold conditions after hitting 67 a few hours ago.
The move towards the 50 level suggests that the momentum is neutral, but the coin’s position still points to caution as it remains below the threshold for a clear bullish trend.
The Relative Strength Index (RSI) is a technical indicator that measures the speed and magnitude of price changes to assess market momentum. It ranges from 0 to 100, with values above 70 indicating overbought conditions, which typically precede a price correction; values below 30 indicating oversold conditions, which may indicate a potential recovery.
46.8 hours, Trump Relative Strength Index Reflects the neutral phase, indicating the potential for price stability or gradual growth. However, the coin needs to break above 50 to signal stronger bullish momentum and boost confidence in a continued uptrend.
Trump ADX shows uncertain trend
Trump ADX It is currently 14.4, down significantly from 46 yesterday. This sharp decline indicates a significant weakening in trend strength as the coin moves sideways with no clear directional deviation.
Lower ADX levels suggest that Trump is experiencing reduced volatility and indecisive market behavior in the short term.
The Average Directional Index (ADX) measures the strength of a trend regardless of its direction and ranges from 0 to 100. Readings above 25 usually indicate a strong trend, while values below 20 indicate a weak or non-existent trend. TRUMP ADX is at 14.4, the coin’s price action is currently directionless, reflecting a consolidation phase.
This sideways move may break out before momentum is reestablished, or it may expand further if: Traders remain hesitant Work on established trends.
Trump Price Forecast: Will Trump Revise Further to 59%?
Trump is currently trading Resistance is at $45 and support is at $30.30, reflecting a period of consolidation. If the coin resumes its uptrend and positive momentum, it may test the $45 resistance.
A break above this level could open the door to a rally to $64.50, and further strength could push TRUMP to $71.80, a potential gain of 88% from current levels, making it one of the top three Meme Coin in the market.
On the contrary, if trump card If the price tests support at $30.30 but fails to hold there, the price could face a sharp correction. A break below this support could send the coin down to $15.43, a possible drop of 59%.
Disclaimer
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