- Trump's token price dropped by 15%, trading at $ 13.95 amid strong market action.
- Next price targets identified between $ 26 and $ 30, indicating potential acquired exceeding 100%.
For a month now, Trump's memecoin associated with President Donald Trump is in an uptick spree. As with the latest data, Cryptocurrency opened the price value during the Asian trading session at $ 12.68, continuing its uprising to marking a 15% advancement in the last 24 hours.
As the owner continues to maintain its breakout after moving above a significant collapse of the wedge pattern, the current market analysis suggests that Trump could see further price increases, which potentially re -evaluate previous price levels between $ 26 and $ 30.
Trump Breakout and positive quantity revealed
Previously, Trump's price was confined within a well -defined falling wedge pattern. The specific development of this chart usually points towards a return -view of the rejection of prices once the price breaks. However, Trump manages to get out of this Bearish pattern, indicating that further price increases are expected soon.
Market analysts indicate that recent price movements have witnessed the increase in volume, proving the breakout from the falling wedge formation. Monitoring the price of the price, the data indicates that the Trump token is trading at a price of $ 13.95, an increase of 15.00%. The market cap stands at $ 2.79 billion, observing an increase of 15.05%.
Trade volume in the last 24 hours has read $ 2.06 billion, showing a significant increase of 151.41%. The fully melted appreciation is currently listed at $ 13.96 billion, while the ratio of volume-in-market-cap sits around 73.97%, which signed active trading in the market.
Price levels to watch and potential for 100% price increase
A deeper view of the review prepared by Javoin scores suggests that following this breakout, price levels between $ 26 and $ 30 emerged as major places for Trump's potentially upward move.
Price acquiring in such a range is more than a 100% available at the current cryptocurrency price. Specific target prices have been established based on previous levels of resistance that play a critical role in previous trading cycles.
Considering the recent breakout, Trump may experience an increase of more than 100% compared to current market pricing. Such significant price jumps usually comply with confirmed technical pattern breakouts, especially if supported by a large positive trading volume.
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