Buy $GGsTRUMP Coin Price Coils Up, Breakout Hints $25 Retest Possible
Highlights
- TRUMP Coin price is $10.54, down 5.8% in 24 hours, with a market cap of $480 million.
- The coin has formed a Cup and Handle pattern, indicating a potential breakout and 54% rally to $23.954 or $25.
- TRUMP Coin's recent surge is attributed to the Crypto Dinner announcement, but regulatory concerns and market volatility may impact its price.
- Analysts predict a potential rally to $17-$20 in the short term, driven by speculative hype and market sentiment.
Official Trump Coin (TRUMP) is forming a consolidation pattern below a key resistance level. A potential breakout from this setup hints at a revisit of $25. With US President Donald Trump’s ‘Crypto Dinner’ with $TRUMP Coin holders coming to an end, can this token break out and kickstart an explosive rally?
TRUMP Coin Price Breakout Could Push it to $25
The one-day chart shows Trump Coin consolidating below $15.335, a level that has prevented an uptrend since its breakdown on February 24, 2025. Between March and May 2025, $TRUMP Coin has created two rounded bottoms, showing buyer strength. This recovery can be attributed to the spike in demand after Donald Trump announced the Crypto Dinner with the top $TRUMP token holders.
A consolidated look of these two rounded bottoms reveals a Cup and Handle pattern. In the Official Trump Coin’s case, a decisive daily candlestick close above $15.335 coupled with volume confirmation indicates a successful breakout. This technical formation forecasts a 54% breakout rally to $23.954, obtained by adding the Cup’s depth of 54% to the $15.335 resistance level.
While the $23.954 is a theoretical target for the aforementioned setup, a closer look at the daily Trump Coin chart reveals equal highs formed at $25.061. A sweep of this liquidity could trap breakout buyers, making it a good level for smart money to book profits.
Hence, a breakout from the Cup and Handle setup could see TRUMP Coin experience a 63% gain.
Donald Trump’s Crypto Dinner & Crypto Market Outlook
TRON founder Justin Sun attended the Crypto Dinner and said it was a “strong signal” for the cryptocurrency sector. Others criticized the dinner because of the conflict of interest due to Mr. Trump’s crypto holdings.
The crypto market suffered a $300 million liquidation event as President Trump “recommended” a 50% tariff on the European Union. This announcement caused Bitcoin (BTC) to crash 3.60% in under three hours. Ethereum (ETH) suffered a greater collapse of nearly 7% in the same period. However, the crypto markets look optimistic with BTC up 2.31% from the intraday low and ETH up 3.53%. TRX price is up 1.4% in the past hour.
Despite the short-lived correction and panic, the crypto market outlook remains bullish especially for altcoins due to Bitcoin’s strength above $100k. As for the Official Trump Coin pattern, it forecasts a bullish short-term future with a 63% rally opportunity this week.
Read our detailed, long-term outlook for $TRUMP token here: Official Trump Coin Prediction 2025-2030
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Frequently Asked Questions (FAQs)
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