๐น ๐ Price performance:
Current price: About $12.32.
Market cap: Reaches $2.49 billion.
Daily trading volume: Estimated at about $771.21 million.
๐น ๐ Technical analysis:
Support levels: Around $10.
Resistance levels: Approaching $20.
MACD Indicator: Shows bearish signals, with a decline in current momentum.
๐น โก Main strength:
Political controversy: The currency was launched with political support from Donald Trump, which may affect its standing among investors.
Potential profitability: With the price of the currency rising initially, there may be profit opportunities but with high volatility.
๐น โ ๏ธ Risks:
High volatility: The currency is experiencing significant price fluctuations, increasing the risk level.
Legal concerns: The project may face challenges due to potential conflicts of interest.
๐ Summary:
๐น TRUMP is considered an exciting investment opportunity, but it comes with many risks associated with high volatility and political controversy. It's always best to monitor technical indicators and consult experts before making any decisions. ๐