The price of TRUMP Coin has been on a downward trend in the past month. However, media attention has surged due to recent statements by Donald Trump, the US President. Despite this focus, TRUMP Coin has not yet been able to break the $17.14 resistance and remains in a bearish range. Nevertheless, investor sentiments appear positive, with some predicting a potential price increase as the Crypto Summit at the White House approaches. The Chaikin Money Flow (CMF) indicator shows a positive outlook for TRUMP Coin, indicating more capital inflow than outflow and suggesting investors are optimistic about its future. Furthermore, TRUMP Coin moves with a correlation of 0.86 with Bitcoin (BTC), indicating that if the price of Bitcoin rises, the likelihood of TRUMP Coin’s ascent will also increase. Currently, TRUMP Coin is trading around $13.38 with key support above at $12.41. If the $17.14 resistance is broken, TRUMP Coin’s price could potentially grow to $21.45, a 27% increase. Conversely, if TRUMP Coin fails to break this resistance and market sentiments weaken, there is a possibility of price dropping below $12.41. In this scenario, the price may decline to $11.07 (the lowest historical price) or even lower, negating the bullish scenario. Visit the live digital currencies price page to monitor the real-time prices of all tokens and cryptocurrencies.
