OFFICIAL TRUMP (TRUMP) Takes a Hit: Can It Hold Its Ground or Test Lower Lows?

TheNewsCryptoPublicado em 2025-12-11Última atualização em 2025-12-11

Resumo

The cryptocurrency market has turned bearish, with Bitcoin falling to $90.2K and Ethereum to $3.2K. OFFICIAL TRUMP (TRUMP) has declined over 4%, trading around $5.64. Its market cap is $1.13 billion, and trading volume dropped 28% to $241 million. Technical indicators show a bearish trend: MACD lines are below zero, CMF is slightly negative at -0.01, and the RSI at 40.67 indicates neutral-to-bearish sentiment. If the downtrend continues, TRUMP could test support at $5.57 or lower. A reversal might push it toward resistance at $5.71 or $5.78. The Bull Bear Power of -0.233 suggests weak buying strength and slight bearish control.

Yesterday’s bullish pressure went off, and currently, the bears have taken charge back within the crypto market. The tokens are stuck in indecision, bouncing between gains and losses without a clear direction. The largest asset, Bitcoin (BTC), has fallen to the $90.2K zone, and the largest altcoin, Ethereum (ETH), slipped to the $3.2K mark.

Among the assets, the momentum of the OFFICIAL TRUMP (TRUMP) price has lost by over 4.03% in the last 24 hours. The asset opened the day trading at around $5.91, and with the bearish command, the TRUMP price fell toward a low range of $5.61. If the active momentum sustains, the asset would see more losses.

As per CoinMarketCap data, at the time of writing, the OFFICIAL TRUMP is trading within the $5.64 level. With the asset’s market cap resting at $1.13 billion, the daily trading volume of TRUMP has plummeted by over 28.08%, reaching the $241.19 million zone.

Will OFFICIAL TRUMP Keep Dropping, or Is a Rebound Loading?

The technical analysis of OFFICIAL TRUMP exhibits a bearish zone, with the Moving Average Convergence Divergence (MACD) line and the signal line settled below the zero line. This indicates that downward momentum has been dominant for a while, and the buyers have not yet regained control.

Moreover, the Chaikin Money Flow (CMF) indicator found at -0.01 is slightly negative, reflecting a neutral-to-weak market trend. It suggests mild selling pressure in the TRUMP market. It is not strongly bearish, but the sellers have a slight upper hand. Significantly, capital is flowing out of the asset.

OFFICIAL TRUMP’s four-hour bearish trading pattern might push the price down to the $5.57 support level. With the downside correction gaining traction, the potential bears could trigger the emergence of the death cross, and gradually retrace to its former low below $5.50.

Assuming a reversal of the momentum, the TRUMP price could instantly move upward and find the resistance at the $5.71 range. A further correction on the upside might initiate the formation of the golden cross, which likely sends the asset’s price toward a high of $5.78.

The daily Relative Strength Index (RSI) at 40.67 signals TRUMP’s neutral-to-slightly bearish zone. It is not oversold, but it is leaning towards the lower side. A move toward 30 may increase bearish pressure, while a rebound to 50 strengthens buyer momentum. Besides, OFFICIAL TRUMP’s Bull Bear Power (BBP) of -0.233 implies that bears have a slight upper hand. As the value is close to zero, the bearish momentum is not strong enough, but it indicates weak buying strength.

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