At $13.80 – $14.00: This is a strong support area; the price has bounced back from it multiple times.
If $15.00 is broken with stability: It is better to buy after confirmation, such as entering at $15.20 – $15.40, as this indicates the beginning of a new upward wave.
In case of a strong decline: You can consider buying between $12.40 – $12.60, which is a historical support area.
Selling Points (Taking Profits):
First Target: $15.80 – $16.00 (near resistance and an opportunity for quick profit).
Second Target: $17.00 – $17.50 (medium resistance level).
Third Target: $20.00 – $21.00 (strong psychological level and previous peak in the upward trend).
Stop Loss:
Set a stop loss at $13.40 in case the first support is broken.
Final stop loss at $12.00 if all major support areas are broken.
Based on the current price of $TRUMP, which is 14.52 USD:
Technical analysis of $TRUMP
1. Support and Resistance: Near Support: 13.80 USD (previous strong buying area) 12.40 USD (medium support, has bounced from it several times) Near Resistance: 14.80 – 15.00 USD (psychological and technical barrier, the price was rejected at it previously) 16.40 USD (previous breakout level, and potential target after surpassing 15)
1. Clear Upward Momentum: The price is on an upward trend and is supported by positive technical indicators like MACD and RSI.
2. High Market Interest: PEPE is attracting attention from retail investors due to its connection to "memes" and the overall market recovery.
3. Short-Term Price Expectations: Analysts predict the price will reach higher levels by the end of May and June.
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❌ But you should be aware of:
1. High Risks and Significant Volatility: PEPE is not a coin with a strong project or solid fundamentals; it is a "meme" coin that relies on media hype.
2. Quick Profit = Quick Loss: Any correction or negative news could lead to a sharp drop in price.
3. No Strong Actual Use: This makes long-term investment in it uncertain.
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My Advice:
If you are a short-term trader and understand the risks and are willing to monitor the market closely, it may be acceptable to enter with small amounts while setting stop-loss points.
If you are a long-term investor or cannot tolerate quick losses, it is better to stay away from it or limit it to a very small percentage of your portfolio.
We advised an immediate investment in $ACM an hour and a half ago. Now is the time for closing and taking profits for me. The increase percentage since the date is 1.77%.
U.S. financial markets are experiencing significant changes, as investors begin to lose confidence in the stability of the U.S. financial situation, resembling what is known in the wrestling world as 'kayfabe', which refers to the representation or illusion believed by the audience, despite being untrue.
The current price is below the short and medium moving averages (MA7 and MA25), which may indicate selling pressure in the short term, but it is very close to MA99, suggesting it is near a potential support level.
MACD Indicator:
MACD = -0.0059 (negative value)
There is a negative crossover, which reinforces the current bearish signal.
Price Behavior:
There was a nearby peak at $2.0585, then the price clearly dropped.
The last candle indicates the beginning of an attempt to rebound from the level of $1.9355.
Quick Analysis:
Overall Trend in the Short Term: Bearish.
Nearby Support Level: $1.8850
Nearby Resistance Level: $2.00 then $2.05
Entry Opportunity: Buying could be considered if the price shows a strong rebound above $1.97 with an increase in volume.
Sell/Exit Opportunity: If the level of $1.8850 is broken downwards, there may be further declines.
Currently, the general situation is a downward trend for most currencies with the approaching opening on Monday and the important announcement from America regarding the markets tomorrow. Please exercise caution, especially beginners; this is not a good opportunity for trading.
Cryptonews - XRP Price Predictions: Momentum Growth at $2.38 as Traders Focus on Key Resistance Levels. Ripple (Ripple-XRP) is trading at $2.34 after a temporary halt in the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The fundamental data for Ripple on the blockchain shows a strong position, while legal developments continue to affect the overall sentiment.
$XRP
Is it really starting to recover or just a dead cat bounce? Be cautious when trading.#Xrp🔥🔥
🚀 Strong rise for KMNO coin targeting levels of $0.0690 and $0.0725 ahead!
The KMNO/USDT coin has bounced from its low of $0.05802 and is now trading around $0.06445, achieving a strong increase of +8.83%. Trading volume has risen to 122.09 million, with a clear buyer dominance of 65% in the order book.
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Current price range:
Support area: $0.0619 – $0.0636
Immediate resistance: $0.06534 (highest level in 24 hours)