In the last 24 hours, Trump Coin gained 10 %. The price rose from $ 14.65 to $ 16.93. Behind this movement, UPbit, one of the largest crypto currency exchanges in South Korea, announced that Trump Token will list the list of KRW, BTC and USDT trading pairs on February 13th. This important listing can be the beginning of a new wave of rise in Trump Token. Investors’ eyes are now in this critical date.
Upbit listing and whale movements
The UPbit will apply some special processing restrictions during the Trump listing. After starting the transaction, there will be a 5 -minute waiting time for the purchase orders. In addition, sales orders, which are 10 %below the closing price the previous day, will be delayed for 5 minutes. All types of orders other than the limit orders will be kept for 1 hour. These measures aim to prevent market manipulation and to create a healthy transaction volume.
On the other hand, whale movements also move the Trump price up. According to Onchain Lens data, a large crypto whale purchased 105,923 Trump Token for 9,350 left (about $ 1.82 million). This whale had previously profit from Trump investments, and apparently new gains are waiting for new gains with the upbit listing. These movements have increased the interest of investors.
Trump Coin Price Analysis: Will the rise continue?
In the Trump/USDT 4 -hour graph, we see that the price is broken above $ 15.8 with a 20 -day mobile average (EMA) level. This break confirms the output of the Trump Token’s depreciation of 77.03 %of the summit within 25 days.
The price above the upper level of the Bollinger band indicates that the volatility increases. A short -term consolidation can be expected at this level. However, if the price can hold on over $ 15.8, it can test new levels of resistance between $ 18 to $ 20. Breaking these levels can be a harbinger of a strong wave of rise for Trump.
What do the technical indicators say for Trump Coin?
The MACD indicator shows that the Blue Macd line is on the orange signal line. This confirms a strong bull tendency in the 4 -hour graph. The positive side of the histogram indicates that recipients increase the pressure.
Investors should pay attention to profit purchases, especially in the range of $ 18-20. If the price falls below $ 15.8, a short -term consolidation period may begin. In this case, buyers may expect lower levels that can create opportunities. However, the upward movement of the price should be considered as a signal of recovery of the market.
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