The Trump code, the Solana -based Mimi currency, has increased by US President Donald Trump, by 7 % in the past 24 hours. This Trump prices increase before a specific symbolic opening event that attracts attention through the cryptocurrency market.
Despite the weakness of the broader market, the Trump symbol shows signs of stability. Analysts closely monitor the following moves of the distinctive symbol where more symptoms are set for blood circulation.
The great distinctive symbol Trump was identified on April 18
Trump Token will open 40 million new icons on April 18. It will be distributed to the members of the project team. Based on the current trading price, the value of this cancellation is about $ 320 million.
According to the Crypto Analysis platform codeThis chapter will increase the circulating offer, and raise it to about 240 million Trump. The total display is crowned from the distinctive symbol by one billion. These symbols represent more than 60 % of the total of the scheduled interior of the interior, with a total of $ 519 million. The distinctive and introductory code will also open $ 80.6 million and $ 27.2 million of distinctive symbols, respectively.
The distinctive symbol can add the offer without increasing the demand. If many of these symbols are sold, this may cause low prices. Investors were watching the distinctive symbol before this version, especially after the big losses earlier this year.
Market morale and pregnant data
The price of TROMP Token witnessed a rise of $ 73.43 on January 19. Since then, Trump has decreased by about 89 %, reaching about $ 8.03. Despite this decrease, some technical indicators indicate that purchasing pressure may return.
Data from sand dunes He explains that the number of the unique Trump code holders decreased from 817,000 at launch to about 637,000. The portfolio with more than $ 1,000 in Trump decreased from 143,000 in January to only 12,000. This was pushed through the sale of the last whale with great losses, as Coingape said.
Although the interest slowed in the distinctive symbol, the measures taken by the recent prices show a possible change. The price moved from a decrease of $ 7.50 to $ 8.03, indicating signs of short -term recovery.
Technical indicators indicate
The technical analysis of the distinguished symbol of Trump indicates a potential upward movement. Since April 8, the distinctive symbol has been traded between $ 7.65 and $ 8.30. This range may be a base before collapse.
Chaikin Money Flow (CMF) flows around -0.03, slightly less than zero. A higher step of scratch can indicate the growth of the purchase activity. The money flow index (MFI) is 42.87, within a neutral scope, but it stems steadily. This indicates that the purchase is slowly constructive, and it is an introduction to the Trump Price Program.
The graph indicates that the Trump code price may decrease to a $ 7.65 region before a strong gathering. If the momentum continues to buy, the price may break the resistance at $ 8.30 and move towards the level of $ 9.50.
The analyst draws the main levels of the Trump price
According to the Crypto Cryptobheem analyst, the Trump code is unified in a narrow range, and it forms a base after weeks of retreat.
According to Cryptobheem, the multiple touches of the resistance level raise $ 8.30, the chance of collapse.
If the Trump code price is Maintain an ascending momentumIt can move towards a region of 10.50 – 11.00 dollars. However, if the distinctive symbol fails to keep more than $ 8.00, a decrease to $ 7.50 may follow.
Kelvin Monin Murithi
Kelvin is a distinguished writer who has experience in encryption and financing, holding a Bachelor’s degree in Actura Sciences. It is famous for its careful analysis and insightful content.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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