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Highlights
- TRUMP price has crashed 36% since the May 22 swing high of $16 and is currently trading at $10.31.
- Key support levels to watch include $9.54 and the demand zone between $8.02 and $8.63.
- Potential resistance levels include the Fair Value Gap between $13.14 and $13.91, Selling Climax Level at $14.27, and Equal Highs at $16.44.
The Official Trump (TRUMP) price is on a downtrend and has crashed 36% since the May 22 swing high of $16. But this downtrend could exhaust, leading to a massive pump ahead of US President Donald Trump’s birthday on June 14. This event or announcement from Trump could spark a significant move to the upside.
Official Trump Price Analysis & Prediction
The one-day chart shows the Official Trump price has been on a downtrend since May 22, producing a series of lower highs and lower lows. This flush has pushed the TRUMP token to a key support level at $9.54, which was tested on Jun 5, leading to a 17% bounce that is also coming undone.
While the recent recovery attempt may seem promising, the Relative Strength Index (RSI) indicates that bearish momentum remains in control, according to TradingView. But the RSI has not tagged the oversold zone below 30, suggesting that there could be a further descent for the TRUMP token price. Typically, a dip into the oversold or overbought territory provides the best risk-to-reward ratio for reversals.
Moreover, the Awesome Oscillator (AO) is producing red histograms of increasing heights below the mean level, further eliminating the possibility of a bottom formation here. The AO also indirectly aligns with RSI in the expectation of a further decline in TRUMP token’s value before attempting a reversal.
With the Trump price analysis hinting at a further correction, let’s take a look at key levels to watch and prediction targets if the token surges higher ahead of Mr. Donald Trump’s birthday on June 14.
Will TRUMP Token Rally?
If there’s an announcement from President Trump on June 14 regarding crypto or specifically directed toward the Official Trump token, it will most likely have a positive impact on the $TRUMP price. The reason for this bias is based on historical performance. When Paul Atkins was sworn in as chair of the U.S. Securities and Exchange Commission (SEC) on April 22, 2025, TRUMP price skyrocketed 11.42% on that day. In the next three days, the token surged 78% and set a local top at $16.44. Therefore, if history repeats, there is a good chance for the Official Trump price to fly higher.
Here are some events to keep a close eye on that could influence the TRUMP token’s price.
- Strategic Bitcoin Reserve bill.
- Firing the US Federal Reserve Chair Jerome Powell
- Trump’s World Liberty Finance is acquiring more crypto tokens.
Key Levels to Watch
- Immediate Support at $9.54: This level was created on March 11 after the selling pressure climaxed, leading to a reversal. A retest of this level has already triggered a minor bounce, but a breakdown of this level is likely, considering the RSI and AO indicators.
- Demand Zone Between $8.02 and $8.63: The demand zone is the last down candlestick before the price kicks off an impulsive move that leads to a market structure shift. In this case, the April 20 down candlestick is the demand zone. This area offers unfilled buy orders that could absorb the selling pressure and provide a strong chance for price reversal.
Investors can expect the TRUMP price to slow down the descent and form a local bottom in the $8.02 to $8.63 demand zone. A bounce here, coupled with Trump’s birthday on June 14, and a potential announcement could trigger a reversal and massive rally.
In such a case, the key resistance or take-profit levels to watch include:
- The Fair Value Gap (FVG) between $13.14 and $13.91: This gap forms due to a sell-side efficiency when the price drops quickly without providing a balanced auction, creating gaps. The $13.14 to $13.91 gap formed after the TRUMP token fell nearly 16% in a single daily candlestick on May 23. As TRUMP price reenters this level, limit sell orders could hinder an uptrend, causing an exhaustion of bullish momentum. Hence, this zone is a good take-profit level.
- Selling Climax Level at $14.27: This level formed after selling pressure climaxed on February 10. Multiple retests of this level in April and May failed to push higher. Hence, an upcoming rally driven by Trump’s birthday on June 14 could blast through this level.
- Equal Highs at $16.44: Resting above equal highs are sell-side stops. A sweep of this level serves as a good take-profit level, often prompting trend reversal.
In summary, the outlook for the Official Trump price looks bullish in the medium term. Investors looking to buy the token can do so after a minor correction to key support levels. A bounce from the demand zone could catalyze a 90% rally to $16.44.
For long-term prediction for the Official Trump token: Read This
Frequently Asked Questions (FAQs)
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3. What could trigger a rally in TRUMP's price?
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