Official Trump price now at $34.15, with strong bullish momentum
Official Trump price now at $34.15
Official Trump (TRUMP) is currently trading at $34.15, having broken out of its falling trend channel in the medium to long term.
This breakout, accompanied by a sharp price increase, signals a potential shift in sentiment and bullish momentum. The currency recently overcame a short-term resistance level, providing a positive signal for its immediate trading range. With no visible resistance on the price chart, further upside is indicated.
Key support for TRUMP is identified at $29.15, which serves as a critical defensive level in the event of a negative reaction. Positive volume balance further strengthens the currency’s outlook, as it reflects aggressive buying activity outpacing selling pressure.
TRUMP token price dynamics (Last 30 days). Source: TradingView.
The Relative Strength Index (RSI) is currently above 70, indicating strong momentum following recent price increases. While this highlights bullish sentiment, it also suggests the token may be overbought, raising the potential for a short-term pullback. High RSI values, particularly for heavily traded assets, often signal the need for consolidation before further upward movement.
Fibonacci analysis aligns with the support at $29.15, reinforcing its importance. If TRUMP Token maintains its current momentum, the next target could be $36.50 or higher. Traders should watch the RSI and price action near $29.15 for signs of continued bullish development or potential corrections.
The launch of the Official Trump (TRUMP) memecoin on Solana and its surge to $58 has theoretically increased Donald Trump's net worth by nearly 700%. With CIC Digital LLC holding 80% of the token supply, Trump could now rank among the world’s 30 richest individuals.
