Trump Coin: The Cryptocurrency Rollercoaster You Can’t Miss! 🎢

by

Ah, the Trump crypto coin price-because nothing screams stability like a token named after a man who once sold steaks that nobody ate. But wait! The charts whisper of hope, hinting at a rebound after forming a rare double-bottom pattern. Yes, folks, it’s like déjà vu but with more zeroes and fewer guarantees. 😅

  • The Trump crypto coin might just bounce back after its dramatic double-bottom tango. 💃🕺
  • This miracle will happen despite investors dumping their coins faster than bad takeout. 🍕💨
  • And yes, whales are selling off their TRUMP stash like it’s last season’s fashion. 🐋🛍️

Behold, the official TRUMP token was trading at $8.68 on Sept. 9, bravely clinging to life above this month’s low of $8.25. It has plummeted over 90% from its all-time high, proving once again that even digital assets have feelings-or maybe just very dramatic programmers. 📉💔

Trump Crypto Coin Price: A Tale of Hope and Hubris

On the daily chart, there’s a glimmer of optimism-an eventual rebound in the coming days or weeks. It has formed a double-bottom pattern at $8.25, its lowest swing since June and September. For those unfamiliar, a double-bottom is like two sad lows holding hands under a hopeful neckline at $11.94 (its peak on July 25). 🤝

If you’re into math (or just enjoy pretending), the profit target is calculated by measuring the distance from the neckline to the double-bottom and then adding that same distance above the neckline. So buckle up, because the price could surge to $15.65-a level not seen since May. That’s an 82% jump! Or as we call it, “the crypto Hail Mary.” 🚀🤑

But here’s the catch: if the price dips below the sacred $8.25 neckline, all bets are off. A move below that could send it tumbling to $5, where dreams go to die. 🪦💸

Exchange Balances Are Rising Faster Than Your Credit Card Debt

Now, let’s talk fundamentals-or rather, the lack thereof. The bullish forecast for TRUMP is purely technical, ignoring the fact that many investors are fleeing like rats from a sinking ship. 🐁🚢 Nansen data reveals that exchange balances are swelling, with 129 million TRUMP tokens now sitting on exchanges-a 3.92% increase in 30 days. That’s right; people are moving their coins out of self-custody faster than you’d swipe left on a bad date. 👋💳

Meanwhile, whales-the mysterious titans of crypto-are also bailing. Their holdings dropped from 5.66 million to 5.13 million coins in August alone. Whale dumping? In the crypto world, that’s about as comforting as finding a hair in your soup. 🥣😱

But fear not, dear reader! There’s still a potential lifeline: regulatory approval from firms like Canary, Osprey Funds, and REX Shares. If they get the green light, American investors might flood in, turning this sinking ship into… well, slightly less of a disaster. 🇺🇸💡

Read More

2025-09-09 20:18