📈 Analysis and forecast for $TRUMP : further prospects 🚀
As of May 23, 2025, 18:48 EEST, the rate $TRUMP on Binance is $13.47, with a drop of 12.5% over the last 24 hours. The trading volume for the day is around $2.71B, and the market capitalization is $2.69B (with a circulating supply of 200M TRUMP). Sentiment on X is mixed: a bearish momentum is noted after the unsuccessful breakout at $15.94, expecting a decline to $12 and seeing a buying opportunity at the bottom, but with a caution on volatility.
Technically, $TRUMP is in a downtrend. On the 4-hour chart, the price has dropped below the 50-day moving average ($14.50), and the RSI (14) at level 40 indicates bearish momentum with the risk of overselling. Key levels: support — $12.50, resistance — $14.10. A drop below $12.50 could take the price to $10.50, but a rebound above $14.10 would open the way to $15.50.
Forecast: in the short term (until the end of May), TRUMR may fall to $12.50 if the pressure remains. By July 2025, a rebound to $16 is possible with positive news and increased interest in meme tokens. The long-term target for 2026 is $50+, provided Trump maintains a favorable policy towards cryptocurrencies. However, the high concentration of tokens (80% with developers) and the lack of a roadmap create risks.
Further prospects? After a drop of 12.5% and the current price of $13.47, a further decline to $12.50 is possible. It is better to wait for a reversal above $14.10 for entry. For holders: loss fixation is justified upon breaking $12.50. Keep an eye on news and volumes — the market is extremely volatile! #TRUMP #Binance #CryptoAnalysis
