Highlights
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.
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.
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.
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:
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
The SHIB price has started building upward momentum as it continues to trade above its…
BNB price recently surged to a new all-time high above $904, fueled by Binance’s strategic…
Pi Network price is flat today, continuing a performance that has been going on since…
ETH price has drawn heightened attention as institutional accumulation quietly fuels renewed demand across the…
AVAX price has shown renewed strength, trading at $28.93 after an 8.18% daily surge. The…
The PUMP price surged nearly 20% in the past 24 hours, with trading volume climbing…