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TRUMP Token Tanks 13% Ahead of Unlocking, Analyst Sees $8

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Main notes

  • Trump lost the price support of $ 10 and can be suspended to $ 8, according to Ali Martinez.
  • The collapse is likely to be $ 5 if Trump Meme Token fails to bounce from $ 8.
  • On April 17, 40 million huge Trump symbols will be launched on the market.

Trump official

Trump
8.93 dollars



24 hours fluctuation:
15.3 %


The maximum market:
$ 1.79 b



Folder. 24h:
980.05 dollars

Meme Token, which was launched with the support of Donald Trump before his forty -fourth American presidency, faced a dramatic decrease, as it decreased more than 13 % over the past 24 hours.

At the time of the press, Trump was traded at $ 8.94, sharply from the highest level in the daily highlands of $ 10.63. The amazing increase of 118.63 % in the trading volume, and now at $ 891.21 million, the signals that sellers have dominated in the market.


He decreased to $ 8 price

The encryption analyst Ali Martinez earlier warned that if Trump fails to hold a mark of $ 10, it is likely to be a rapid decrease to $ 8.

As expected, the distinctive symbol tests the $ 8 critical support area, with more losses on the horizon if it is less than this level. EMA is offered for 20 days, which is currently sitting at $ 10.78, strong resistance to any recovery attempts.

If Trump loses support of $ 8, the following negative goals may be 7 dollars and $ 5, with $ 5 represents a psychological support level that can lead to some short -term purchase pressure.

Trump price analysis

Trump has been in the spotlight since its first appearance in January, due to his official support by the Trump family.

The Trump family and their associated partners have at about $ 100 million in trading fees from Trump's transactions, as investors speculate on manipulating the low prices last day.

The daily chart below shows that the RSI Index (RSI) for the Mimi currency reads the value of 31.93, which means that the bears control the path of encrypted currency.

Source: TradingView

On the other hand, the Trump price movement collapsed to the bottom of Bollenger Band (BB), which amounted to $ 9.15. If the bulls fail to take it here, it may be likely to be low prices.

April 17: The moment of Trump's manufacture or superiority

A decisive event on April 17, 2025, which can strongly affect the Trump price track – the first large symbol in the framework of its agenda.

The data from Messari indicates that 40 million Trump icons, at a value of $ 351 million, will be released, representing 20 % of the current circulating offer. Historically, the great distinctive symbol has been presented at low pressure on asset prices.

Many analysts expect Trump's sharp decrease in the coming weeks. Trader Kaizen announced plans to reduce Trump before opening it, expecting a possible collapse to scratch.

Investors participate in fears that the first investors or entities followed by Trump that carry the closed distinctive symbols may choose exchange, especially given the price decreased by 22 % last week.

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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.

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Barth Dobby

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.

Part Dubey on LinkedIn

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