TRUMP Price Rises 10% With Market Cap Approaching $6 Billion 📈
TRUMP’s price surged 10% in the past day, aiming at a $6 billion market cap, though it remains 20% lower over the week. Once a leading meme coin, its peak market cap of nearly $15 billion was seen on January 19.
Technical indicators, such as the RSI and CMF, show potential stabilization. The RSI's rise to 50 from 40 indicates a shift to neutral momentum, reflecting a balance between buying and selling pressure.
The CMF shows a marked improvement, rising from -0.37 to -0.08, signifying increased capital inflows, although outflows still predominate. If the CMF crosses into positive, it could stabilize TRUMP's price.
Future price movement will hinge on breaching the key resistance level at $30.33, which may lead to further tests at $45.20 and possibly $64.50 if bullish momentum prevails." Potential downward trends might retest a $15.43 support if sellers regain control.
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