$TRUMP The entire cryptocurrency ecosystem seems to be entering another recovery phase with renewed buying activity and short-term bullishness.
During this recovery phase, however, Trump Coin continues to remain in focus as traders and investors assess its chances of breaking out of its consolidation phase. The asset continues to oscillate in the $8 to $10 price range without any decisive breakout or breakdown.
After bullish narratives and heightened expectations fueled by politics and speculation, Trump Coin has underperformed relative to expectations. Key metrics suggest the Trump Coin continues to face challenges such as low trading volume, no upward price movement, and weak breakout attempts. Trump Coin will likely remain in a sideways pattern without a fundamental or macroeconomic trigger.
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