Trump Coin Volume Explosion to $1.5B – Is an impending major announcement?
With 24-hour volume reaching $1.5 billion, the Trump (TPP) token is seeing a boom in trading activity. Traders and investors have been more interested in this surge in liquidity as it fuels conjecture about a possible big announcement.
Currently trading at $11.91 with a market value of $2.38 billion, Trump has gained 2.79% in the previous 24 hours.
Maintaining its #39 place in the wider crypto market, the currency has a circulating supply of 199.99 million Trump out of its 999.99 million max supply. Still, the breakthrough beyond important resistance levels might provide the impetus for a larger movement.
BitGuru claims that if Trump maintains above support, a breakthrough beyond $12.50 might drive the price into $14 and beyond.
Trump/USDT: Technical Analysis - March 15, 2025
Rising over the 50-period EMA ($11.32), Trump Coin indicates a change toward optimistic momentum. At $12.47, the price is testing significant opposition in accordance with a declining trendline that has past stopped upward gains.
Should Trump surpass $12.47, the next significant opposition barrier is $13.76 and $14.80—two important zones where selling pressure first surfaced in past trading cycles.
Failure to maintain momentum, however, might cause a retreat around $11.32, which is now pivot support. Should a collapse below this level reveal $11.12 and $9.57 as the following lowest point,
In essence, is Trump ready for a significant action?
Trump is at a critical breakout zone as technical indicators point an upswing and volume is rising. Should $12.50 resistance be breached, momentum may drive the token toward $14–$15. On the other hand, lack of support can cause a temporary downturn before the next leg up.