CandleFocus TRUMP Meme Coin Climbs to Top 20, Targets $100 This Week
2025-01-20
Author: Content Editor
The Trump meme coin, OFFICIAL TRUMP, has gained significant attention in the crypto market, climbing into the top 20 cryptocurrencies just three days after its launch. It experienced a 670% gain from its launch date to its all-time high and currently trades at $49.24, up 12% in the last 24 hours. Speculation is growing that the coin may reach $100 in the coming days. However, the coin recently faced resistance at its all-time high, triggering a reversal and bearish momentum. It is currently in a correction phase but has the potential to resume its bullish momentum if it finds buyers in the critical resistance area between $52.98 and $64.57. Failure to sustain current levels could lead to further price drops. The Chaikin Money Flow indicator suggests positive capital inflows and buying pressure, supporting a bullish outlook, while the Relative Strength Index indicates the market has regained strength and could see further gains before reaching overbought levels.
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