Trump Coin's potential to hit $70 again depends on various market factors. According to CoinCodex's price prediction analysis, Official Trump's price is expected to rise significantly, with predictions suggesting it could reach:
- $41.34 by June 1, 2025, representing a 229.77% increase from its current price of $12.49
- $50.19 in June 2025, with a potential gain of 376.89% from current prices
- $80.71 by November 2029, indicating a potential long-term growth
However, the cryptocurrency market is known for its volatility, and prices can fluctuate rapidly. To determine whether Trump Coin can hit $70 again, let's examine some key indicators¹:
- *Current Sentiment:* Neutral, with 11 technical analysis indicators signaling bullish signals and 6 signaling bearish signals
- *Fear & Greed Index:* 67 (Greed), indicating a potentially favorable market sentiment
- *Volatility:* 25.14% price volatility over the last 30 days, suggesting potential for significant price swings
- *Moving Averages:* Some indicators, like the 3-day SMA and 21-day SMA, suggest buying, while others, like the 5-day SMA and 10-day SMA, indicate selling
Given these factors, while there's potential for Trump Coin to grow in value, it's essential to conduct thorough research and consider multiple perspectives before making investment decisions.
