- Trump shows the currency of flexibility, trading at $ 8.15, with a market roof of $ 1.67 billion.
- The analyst expects an upward momentum if $ 7 is supported, with goals of up to $ 12.5.
Trump’s currency shows a strong performance in the market, which indicates an increase of 9.78 %, which brings its current price to 8.38 dollars During the past 24 hours. As the maximum of the Trump currency market expanded to $ 1.67 billion, its daily transactions with $ 584 million show growth of 48.87 %. The growth of commercial activity, along with an atmosphere in the positive market around the Trump currency, paid a higher price by high market prices. Trump’s currency showed a steady fluctuation in the market between the price of $ 7.49 and $ 8.52, indicating the potential for the upcoming market growth.
The analyst predicts growth if support is $ 7
Trump’s currency showed strong flexibility in the market, while maintaining a weekly level of about $ 7 for 13 consecutive days. Despite the big event, which includes nearly 20 % of its circulating supplies, the currency was fixed, which raised optimism in the encryption community. This price stability indicates that Trump’s currency can be in the accumulation stage, which puts itself well for upward momentum. The encryption analyst Andrew Griffiths suggests This, if the level of $ 7 continues to keep it, the currency may face great goals at $ 9.5, 10.5 dollars and up to $ 12.5.
The currency displays a stable power in the accumulated area, creating an environment for future expansion. According to him, low prices are less than $ 7 indicates more market decline, which will lead to a decrease in the terrible reactions.
The effect of opening the last Trump icon on market morale
On April 18, Trump Mimikoen underwent a major Opening the event40 million icons, at a value of approximately $ 300 million. From this amount, 36 million symbols, 18 % of the total offer, were allocated to creators and CIC Digital 1, while 4 million icons, 2 %, were given to creators and CIC Digital 4. This version follows a previous opening on January 18, which saw 200 million Trump codes of $ 1.5 billion provided.
While this version contributes to increasing the circulating supply, it may also weigh the upward morale due to the effect of mitigation caused by the first investors. Nevertheless, the graph shows a recovery in the last prices, with a major support of about $ 7.49 with strong.
Trump’s currency shows the possibility of growth with support at $ 7.49
The artistic chart shows that Trump’s currency is in a accumulation area, indicating the possibility of prices in the future. The currency price can maintain the upward movement by maintaining a powerful support zone. Prices for $ 8.52 can start a new upward momentum.
The RSI value is currently 43.38, and it has been transferred to a neutral area to a slight landing of its previous sale, which enhances the possibilities of the next prices. Trump’s currency shows her promise to upgrade higher resistance levels as long as it supports its current momentum at $ 8. Any price reduction may lead to less than 7 dollars to increase the declining pressure in the market, with possible follow -up levels at $ 6.
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