The price of Trump Coin has gained great momentum with the interest of crypto investors in recent days. This sudden rise reflected the movements of Popcat and Dogwifhat, other solened -based breast coins. Investors wonder if this rise will continue and whether Trump Coin will reach the highest level of all time.
Great movement in Trump Coin price
According to some crypto experts, the Trump Coin price saw the bottom level and has the potential to rise. The current $ 20 to $ 100 means an increase of approximately 400 percent.
Rafaela Rigo, a popular crypto analyst with over 151,000 followers, said Trump Coin’s above $ 19,40 will open a door to new summits. Another analyst sees the increase in smart money entries as a positive catalyst. He even argues that Trump’s World Liberty Financial company can start buying this coin. Trump Media’s plan to create crypto strategic reserves may include Trump Token.
Technical Analysis: New targets are determined
The technical analysis states that Trump Coin is in the rise trend. In the analysis by Rose Premium Signals, it was pointed out that Coin came out of the falling wedge formation. This formation points to a strong signal of rise. Rose said that the target level is 51 dollars and said:
Trump Coin successfully recovered from the accumulation zone. This refraction shows the strong rise momentum and points to the potential of progressing towards significant resistance levels.
Looking at the data on the chain, the demand for Trump Coin is rapidly increasing. In the last 24 hours, two major investors have purchased more than $ 10 million Trump Coin in total. In particular, these purchases of whales attract the attention of investors and create an optimistic atmosphere in the market. In the hourly graph, the price is seen in recent days. The $ 20.6 level stands out as an important resistance point. This level corresponds to the top line of the Cup-Kulp formation, which is also a popular continuation formation. Clearly breaking this level can carry the price up to 27 dollars.
Support and resistance levels
The analyzes say that the support level is at $ 17.85 and that the rise scenario will lose the validity if it falls below this level. However, Trump Coin is expected to be positively affected if Bitcoin rises to $ 100,000.
The future of Trump Coin is shaped by investors’ strategic decisions and general market conditions. In particular, the developments in the Solana ecosystem seem to affect the movements of this breast coin.
