TRUMP Coin Price Coils Up, Breakout Hints $25 Retest Possible

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