The TRUMP meme token just staged a dramatic overnight rebound, spiking to $9.29 within 24 hours – a move that coincides with a 33% surge in trading volume while the broader digital asset market also turned green.
The TRUMP meme token just staged a dramatic overnight rebound, spiking to $9.29 within 24 hours – a move that coincides with a 33% surge in trading volume while the broader digital asset market also turned green.
This price volatility manifests after a June 28 transaction in which the TRUMP project transferred 2.28 million TRUMP meme tokens (~$20.5 million), 1.25 million USDC, and 1,292 SOL to Binance and OKX.
Trump Price Technical Analysis: Triangle Breakout Imminent?
On the 4-hour chart, TRUMP is nearing the apex of a descending triangle pattern – a classic setup that often precedes a breakout. The coin is currently flirting with the triangle’s upper resistance line, suggesting that any close above $9.30 could ignite a bullish rally.
The symmetrical triangle, formed by lower highs and higher lows, typically resolves in the direction of the dominant trend. Given the recent surge in price and volume, TRUMP may be setting up for a breakout toward higher resistance zones.
The Balance of Power (BoP) indicator currently shows a reading of -0.08, indicating lingering selling pressure. However, the lows have been rising, and any uptick into the positive zone could signal a power shift to the bulls.
Meanwhile, the RSI is holding around 51.63, a neutral zone that leaves ample room for an upward move. More importantly, it recently bounced off the midline after a bullish crossover with the moving average – a subtle sign that momentum is building.
Source: TradingView
If TRUMP breaks out of the triangle pattern with strong volume confirmation, traders should watch the following bullish targets, the immediate target is $10.90 and the secondary target is at $13.80.
A moonshot target at $16 can also be considered amid a broader meme coin rally.
As TRUMP Gains Ground, BTC Bull Calls the Final Presale Phase
With TRUMP attracting investors’ attention, BTC Bull Token ($BTCBULL) – an Ethereum-based meme coin – is making waves, combining humor, utility, and tangible rewards tied directly to Bitcoin’s price performance.
At its core, BTC Bull is designed to celebrate Bitcoin’s rise by rewarding hodlers as the price of Bitcoin increases.
Each time BTC goes up by another $25K, the project either burn a percentage of the $BTCBULL token supply, or airdrops BTC to BTCBULL holders.
The project has raised a massive $7.78 million in its ongoing presale with only seven days, 2 hours until the claims go live and the token launches.
On the utility side, $BTCBULL isn’t just about hype – it also offers a 52% APY staking program, giving early participants a substantial yield through a secure smart contract.
To participate in the $BTCBULL presale, simply visit the official BTC Bull website and connect a supported wallet like Best Wallet.
Once done, simply swap crypto or use a card to complete your transaction.
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