- The official Trump is trading approximately 9 dollars.
- The daily trading volume increased by 237 %.
The encryption market is stuck in a state of frequency, as the prices of assets between upward and bottom movements bounce without a clear direction. The largest assets, Bitcoin (BTC), fell to a $ 104,000 area with a fixed bear suspended. It is worth noting that Fartcoin, Floki and Tron have got a spot from the top of the day.
Meanwhile, Trump has lost its momentum and decreased by more than 8.48 % in the past 24 hours. According to CoinmarketCap data, Trump is currently official commerce Within the level of 9.91 dollars, with the maximum asset market at $ 1.98 billion.
Trump has published his daily height by about $ 10.92, and he took the bears inside the driving market, pressing the price to drop towards a low range of $ 9.49. The bullish transformation can only appear after the original exceeds the threshold of $ 11.
According to Coinglass DataThe market saw a 24 -hour liquidation worth $ 8.64 million from Trump. In addition, Trump’s daily trading volume increased by more than 237 %, reaching 944 million dollars.
Is Trump’s official heading for more losses?
The technical indicators of the assets have reported strong downward feelings with the MACD and the signal line stationed below the zero line. It generally indicates a declining cross. Moreover, the official Chicin Flossing Index (CMF) Trump in -0.17, indicating that the money flows from the original, with the sale of pressure on the market.
The formal declining price scheme for a period of four hours may restore the original to the level of $ 9.50. Also, the bears that have the possibility of withdrawing the origin are likely to be invited to the death of death to reveal, and have gradually set their lowest levels in about 9 dollars.
Assuming that the original reflects the momentum, the price can jump and test the decisive resistance in about 10 dollars. Another correction on the upper side may push the appearance of the golden cross, sending the official Trump price about $ 10.40.
Moreover, the daily relative strength index of assets (RSI) found in 29.30 hints that the original approaches Selling lands. The Bull Bear Power (BBP) value is settled for the official Trump at -0.71, indicating that the declining feelings are currently stronger in the market, and the price may face more downward pressure.
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