Here is a detailed technical analysis and short-term trading strategy for three cryptocurrencies: OFFICIAL TRUMP (TRUMP), Dogecoin (DOGE), and Shiba Inu (SHIB), based on updated data as of May 5, 2025.
1. OFFICIAL TRUMP (TRUMP)
📊 Current price
• Price: $11.14
• 24h trading volume: $526.9 million
• Market capitalization: $2.23 billion
🔍 Technical analysis
• 15M & 1H frame: RSI fluctuates around 50, indicating a neutral state. MACD gives a slight bearish signal, while ADX is at 20, indicating a weak trend.
• 4H & 1D frame: RSI at 55, indicating a slight upward trend. MACD is positive, confirming the upward trend.
🧠 News & Events
• TRUMP has become the center of attention, although the price has slightly decreased by 0.3% today.
📈 Trading strategy
• Spot: Wait for the price to adjust to the support area of $10.50 before buying.
• Futures: Consider opening a long position if the price exceeds $12.00, with a profit target at $13.50 and a stop loss at $10.80.
2. Dogecoin (DOGE)
📊 Current price
• Price: $0.1705
• 24h trading volume: $658.7 million
• Market capitalization: $25.46 billion
🔍 Technical analysis
• 15M & 1H frame: RSI at 45, indicating a neutral state. MACD gives a slight bearish signal.
• 4H & 1D frame: RSI at 50, indicating a weak trend. MACD is close to the signal line, not clearly determining the trend.
🧠 News & Events
• DOGE is trading around $0.18, with accumulation from whales.
• Interest in DOGE Spot ETF is increasing, creating hope for a price surge.
📈 Trading strategy
• Spot: Buy when the price adjusts to the area of $0.165, with a profit target at $0.18.
• Futures: Open a long position if the price exceeds $0.18, with a profit target at $0.20 and a stop loss at $0.17.
3. Shiba Inu (SHIB)
📊 Current price
• Price: $0.00001276
• 24h trading volume: $124.3 million
• Market capitalization: $7.53 billion
🔍 Technical analysis
• 15M & 1H frame: RSI at 48, indicating a neutral state. MACD gives a slight bearish signal.
• 4H & 1D frame: RSI at 52, indicating a slight upward trend. MACD is positive, confirming the upward trend.
🧠 News & Events
• SHIB burn rate has skyrocketed 22,604%, predicting a price increase of 15%.
📈 Trading strategy
• Spot: Buy when the price adjusts to the area of $0.000012, with a profit target at $0.0000135.
• Futures: Open a long position if the price exceeds $0.0000135, with a profit target at $0.000015 and a stop loss at $0.0000125
📊 Trading strategy summary
• TRUMP: Wait to buy at $10.50; long above $12.00.
• DOGE: Buy at $0.165; long above $0.18.
• SHIB: Buy at $0.000012; long above $0.0000135.
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Note: This article is for informational purposes only and market analysis. It is not investment advice. Any trading decisions should be carefully considered and made at your own risk.