Here's an updated analysis of the Official Trump Coin ($TRUMP) as of May 23, 2025, based on its performance on Binance and recent market developments:
š Market Overview
Current Price: Approximately $13.21
24-Hour Change: -14.35%
Market Capitalization: $2.64 billion
24-Hour Trading Volume: **$2.41 billion
Circulating Supply: 200 million TRUMP tokens
All-Time High: $75.35(January 2025)
The coin has experienced significant volatility, with a notable decline from its peak earlier this year.
š Technical Analysis
Relative Strength Index (RSI): Approaching 67, indicating the asset is nearing overbought territory. Moving Average Convergence Divergence (MACD): Forming a bullish crossover, suggesting potential upward momentum.
20-Day Exponential Moving Average (EMA): Currently at $12.99, acting as a support level.
