Mr Arham

06/08 04:31

  As mentioned before, the price remains under p

 

As mentioned before, the price remains under pressure despite the Trump family’s support in the broader market. Following the WLFI news, the token saw a modest bounce of around 6.4%, but the move retraced quickly. The market is currently showing lower highs & weakening momentum, with no confirmed breakout above key resistance, while technicals remain neutral to bearish. 

As seen in the above chart, the TRUMP price is stuck within a descending parallel channel and is working hard to validate a bullish reversal. Moreover, the RSI also displays a similar movement, signaling the rally could be gaining strength henceforth. On the other hand, the supertrend has turned bearish, which could push the prices below the support of the channel. Therefore, the upcoming weekend may have a huge impact on the upcoming price action

#Check In Daily, Win Prizes Daily — Join the Fun!#Share Your Thoughts on Popular Assets in June#Do you think LA is promising?

按讚分享