Main notes
- Donald Trump described Trump as “the greatest of them”, through social truth.
- If $ TROMP successfully collapses and increases $ 12.50, the next goal will be $ 17.
- The encrypted currency of the falling sorry pattern on the graph for 12 hours has exploded.
Trump official
Trump
11.70 dollars
24 hours fluctuation:
2.0 %
The maximum market:
$ 2.34 b
Folder. 24h:
$ 1.09 b
Meme Coin again acquired attention in the encryption market in the wake of a promotional boost by US President Donald Trump.
His last position on the social truthWhere he described $ Trump as “the greatest of them”, led to a 7 % increase in price and the investor's enthusiasm showed data from Coinmarketcap.
Despite this increase in the price, $ TROMP remains less than the main resistance level on the 20 -day SIA moving average (EMA), where investors wonder whether the Meme code will be able to maintain the sudden assembly after Trump's support.
Trump goals $
$ TRMP was launched on January 18 and soon rose to the market value of more than $ 30 billion, where she got a place in the best 50 encrypted currencies.
However, its course was dramatically overwhelming, as it decreased by 86 % of its highest level ever, reaching the lowest new level of $ 9.52 on March 11.
After the reversal of this depression, $ Trump tried to restore the support level of $ 12.50 but failed, stressing that it is resistant on March 23 with a long tail – usually a downward signal. The current price sits about $ 12, and is traded near a long -term descending trend line.
On the 12 -hour graph, Trump is separated from the fall of the falling spoiler, a composition that often indicates the reflection of the direction.
Source: TradingView
Based on the shed -sized move, the hacking goal is about $ 17, which represents a potential profit of 40 % if the momentum continues.
However, this depends on whether the price can maintain itself more than $ 12.50 and EMA for 20 days at 11.67 dollars, which is a strong resistance level.
Trump indicators
The RSI is on the graph for 4 hours at 57.95, indicating a neutral momentum to the rise. If the RSI rises above 60, it may indicate increased purchase pressure but the gradient in the line indicates a reduction of purchase pressure.
Source: TradingView
Bollinger Bands (BB) shows that the price is currently near the upper range, indicating excessive conditions in the peak. Rejection from this level may lead to a re -test of $ 11.00 before another attempt.
Until he recovers $ Trump EMA for 20 days and turns it into a support level, the signs of the new height at all with the start of the new quarter are low.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.