#trump2025 As of May 9, 2025, the Official Trump Coin ($TRUMP) is trading at approximately $13.91, reflecting a 13.93% increase over the past 24 hours. This surge follows a broader recovery in the cryptocurrency market and renewed investor interest. 

⸻

📈 Technical Outlook

• Recent Performance: After hitting a low of $7.13 in April, $TRUMP rebounded to $16.41 on April 26, then pulled back to $10.30 before climbing again.

• Current Momentum: The coin has broken out of a falling wedge pattern, a bullish reversal signal, suggesting potential for further gains.

• Resistance Levels: Key resistance is around $16.41; a break above this could lead to a retest of the previous high near $45.28.

• Support Levels: Immediate support lies at $10.30, with stronger support around $7.13.  

⸻

🔮 Price Predictions

• Short-Term (Next Week): Analysts forecast a potential increase to around $18.22 by May 14, 2025, representing a 30.62% gain.

• Mid-Term (June 2025): Projections suggest a rise to approximately $46.21 by June 8, 2025, indicating a 231.28% increase.

• Long-Term (End of 2025): Predictions vary, with estimates ranging from $27.92 to $100, depending on market conditions and political developments.  

⸻

⚠️ Considerations

• Volatility: $TRUMP has experienced significant price swings, with an all-time high of $75 and a subsequent decline of over 70%.

• Market Sentiment: The Fear & Greed Index stands at 73, indicating a “Greed” sentiment, which could lead to increased volatility.

• Political Factors: As a politically themed memecoin, $TRUMP’s price is susceptible to political events and public sentiment.  

⸻

Bottom Line: $TRUMP is exhibiting bullish technical indicators and positive short-term momentum. However, investors should remain cautious due to its inherent volatility and sensitivity to political developments.