TRUMP latest news: Relief bounce possible but $8.96

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TRUMP Rises 2.07% Today to $8.43

Highlights

TRUMP shares rose 2.07% to $8.43 but remain below key moving averages (MA-20 at $8.96, MA-50 at $9.39, MA-200 at $11.02), signaling ongoing bearish pressure.
Trump Media & Technology Group formed a $6.4 billion digital asset treasury company with Crypto.com, boosting CRO token accumulation and cross-asset trading activity.
Technical signals remain bearish: MACD and oscillators indicate weak momentum and oversold conditions, with a projected 5-day price range of $7.05–$7.40 and less than 20% chance of a sustained rally.

Surge in cross-asset flows follows Crypto.com treasury joint venture

Trump Media & Technology Group's collaboration with Crypto.com to form a $6.4 billion digital asset treasury company has been a major focus for the market. The new entity will accumulate CRO tokens and integrate them as a utility within the media ecosystem, modeled after prominent treasury strategies. This development has also sparked significant cross-asset activity, with sharp gains in CRO and increased trading for both partners.

Key resistance zone persists as all trend signals remain downward

Based on Ichimoku analysis, the nearest dynamic resistance is also found near $9.12 (Kijun line), reinforcing the region between $8.96–$9.39 as a significant barrier. No golden or death cross is present, as all moving averages remain in order and trending downward.

Oversold momentum persists amid conflicting oscillator indicators

Momentum signals on the daily chart are weak. MACD gives a Sell indication and remains negative, while ADX is neutral with a low reading, pointing to a lack of clear trend strength. Oversold signals are evident: RSI is at 35.43 and forecast to Sell, Stoch RSI is low at 25.65 and also Selling, and the CCI is deep into oversold territory at −111.65. The Awesome Oscillator is neutral and does not provide support for either direction at this time, and BBP also forecasts selling pressure. Overall, oscillators highlight weak momentum with an oversold bias, warning of either continued consolidation or the potential for a relief bounce.

Anton Kharitonov, expert at Traders Union, sees prevailing bearish momentum on TRUMP, despite short-term oversold signals and news-driven volatility. With all major moving averages declining and resistance between $8.96 — $9.39 intact, he believes that the base case is continued sideways-to-lower price action within the $7.05 — $7.40 support zone, with low odds of a sustained rally unless key resistance is breached. "Until TRUMP confidently reclaims $8.96 — $9.12, my tactical stance remains defensive — for now, capital preservation takes priority over speculation."

Downside bias holds as upside scenario depends on resistance breakout

For the next 5 trading days, the anticipated price range is between $7.05 and $7.40, with an average expectation near $7.22. The probability of a sustained price increase is very low (less than 20%), making a further decline more likely for the week ahead. The baseline scenario is continued sideways price action between $7.05 and $7.40 as the market digests oversold conditions. A bullish scenario would require a break and close above resistance at $8.96–$9.12, opening the door for a move toward the $9.39 area. Conversely, if price breaks decisively below $7.05 support, a bearish extension could accelerate, with sellers maintaining control. Previously it was noted that Donald Trump Jr.’s venture firm 1789 Capital invested tens of millions of dollars into leading crypto prediction platform Polymarket. The investment followed the closure of regulatory investigations and Polymarket's acquisition of QCEX, with Trump Jr. joining Polymarket’s advisory board as reported in leading crypto prediction platform Polymarket.

Source of Data: TRUMP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.