$TRUMP
🚨 Trump Price Forms a Descending Channel Pattern 🚨
The Trump coin price has jumped over 3% in 24 hours with a trading volume of 770.79 million, a change of +9.93% during this period. Moreover, with a market capitalization of $2.24 billion, this meme coin is constantly losing momentum over the past month.
The EMA 50-day records a sharp decline in the Trump coin price chart. Moreover, the 200-day EMA acts as a strong resistance in the 4-hour time frame. This suggests an increase in the selling pressure for Donald Trump’s memecoin.
However, the MACD indicator records a sharp decline in the red histogram with its averages displaying a bullish convergence. This hints at a mixed price sentiment for the 44th largest crypto token in the market.
