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

TheNewsCryptoPublished on 2025-12-11Last updated on 2025-12-11

Abstract

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.

Top Updated Crypto News

Gemini Receives CFTC License for US Prediction Markets

TagsAltcoinCryptocurrencyTRUMP

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
CapricornAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
dos
DAPPOSDOS

Related Reads

U.S. 'Operation Economic Outcast' Targets Iran's Crypto Sector, Over $100 Million in Oil-Related Payments Allegedly Facilitated via Cryptocurrency

U.S. Treasury Launches "Operation Economic Outcast," Sanctions Iran's Crypto Sector On August 24, the U.S. Treasury Department initiated "Operation Economic Outcast," a government-wide economic campaign against Iran. As part of this, the Office of Foreign Assets Control (OFAC) issued a sectoral sanctions determination targeting digital assets under Executive Order 13902, significantly expanding its authority. The Treasury stated that Iran is increasingly using cryptocurrency as a "tool of choice" to evade sanctions and support transactions linked to the Islamic Revolutionary Guard Corps (IRGC). Concurrently, OFAC sanctioned Ukrainian-Emirati broker Ivan Obukhov and his company, Foscom FZE. The Treasury alleges that since 2023, Obukhov has processed over $100 million in cryptocurrency payments to facilitate oil sales on behalf of the IRGC-Quds Force. Nearly 60 other entities, individuals, and vessels involved in nuclear procurement, cyber operations, and oil revenue networks were also sanctioned. This move marks an escalation from prior actions against specific exchanges, now establishing a broad basis to sanction any foreign entity deemed to operate in or support Iran's digital asset sector. Treasury Secretary Scott Bessent warned that any entity engaging economically with the Iranian regime will face the full reach of U.S. power, calling the operation an "economic D-Day" aimed at isolating Tehran.

marsbit2m ago

U.S. 'Operation Economic Outcast' Targets Iran's Crypto Sector, Over $100 Million in Oil-Related Payments Allegedly Facilitated via Cryptocurrency

marsbit2m ago

Why Draper University is Investing $70,000 in an In-Person Accelerator Program

Draper University has launched the Apex Growth Accelerator, a 10-week in-person residency program in Silicon Valley in partnership with Cardano Foundation and Orion Fund. It offers up to $70,000 in seed funding for a 3.5% equity stake, targeting early-stage Web3 startups building on Cardano. Applications close September 1, with the program starting October 12 in San Mateo. The accelerator focuses on high-growth sectors like real-world asset (RWA) tokenization, institutional DeFi, and enterprise blockchain infrastructure. Executives emphasize that these areas are merging into foundational infrastructure for asset ownership and trading. The focus is on building the base layer for institutional and mainstream financial adoption, moving beyond just proving tokenization works. Despite industry trends toward remote programs, Draper University mandates the core 10-week in-person residency, arguing it creates greater intensity, faster decision-making, and quicker investor connections than remote work. The cohort aims for 10 companies, culminating in a Demo Day. Success metrics prioritize founders' ability to raise capital, acquire customers, and sustain growth post-program, rather than just graduation numbers. The equity-based model aims to align founder success with the long-term health and total value locked (TVL) of the Cardano ecosystem.

cryptonews.ru3m ago

Why Draper University is Investing $70,000 in an In-Person Accelerator Program

cryptonews.ru3m ago

Is Your Account Still Blocked? Rosfinmonitoring Gets Direct Access to SBP and 'Mir'

Starting September 1, 2026, Russia's Federal Law No. 461-FZ grants Rosfinmonitoring (the Federal Financial Monitoring Service) direct access to transaction data from the National Payment Card System (NSPK), the operator of the Mir payment card system and the Faster Payments System (SBP). This allows the agency to bypass individual banks when reconstructing transaction trails for anti-money laundering (AML) purposes. The data, provided free of charge and without requiring customer consent or court orders, includes information on operations via SBP, the unified QR-code, and Mir cards, with no minimum transaction threshold. Customers will not be notified when their data is shared. The law does not introduce new taxes, automatic account freezes, or new enforcement powers. If suspicious activity is identified under existing AML laws, existing procedures with banks and law enforcement will apply. The agreement's specific terms between Rosfinmonitoring and NSPK, including the scope and historical depth of accessible data, are not public. The change centralizes access to a vast volume of domestic payments, potentially speeding up financial investigations. However, it also creates a single point of concentration for sensitive data and reduces transparency for cardholders, as customers are not informed about data requests. Observers note a global trend of expanding supervisory powers, with differences in the Russian model being the non-public agreement and the lack of customer notification.

cryptonews.ru5m ago

Is Your Account Still Blocked? Rosfinmonitoring Gets Direct Access to SBP and 'Mir'

cryptonews.ru5m ago

Solana Price Forecast Hits $110 as Bitwise's BSOL Posts Record Trading Volume

Solana (SOL) price is testing a critical resistance zone between $102-$103, having recently risen above $100 and now trading at $101.36. Technical analysis indicates a bullish but cautious trend, with the Parabolic SAR signaling a bullish short-term trend and the MACD gaining momentum. The price is within a rising wedge pattern, suggesting a potential breakout or sharper pullback. Key bullish factors include sustained, record-high network activity, with Solana processing over 1 billion transactions for the fourth consecutive week. Strong institutional demand is also evident, as Bitwise's Solana ETF (BSOL) recorded its highest-ever daily trading volume of over $108 million, contributing to significant daily inflows into SOL ETFs. However, caution is warranted. A major whale unstaked and transferred over 45,000 SOL, realizing a $3.3 million loss. Additionally, long-dated futures are trading at a discount to spot prices, indicating some long-term trader skepticism. **Price Forecast:** * **Bullish Case (Target: $110):** A confirmed daily close above the $102-$103 wedge resistance, supported by strong network usage and ETF inflows, could propel SOL towards $110. * **Bearish Risk (Support: $93-$95):** A rejection at resistance and a breakdown from the rising wedge's support could see the price retreat to the $93-$95 zone, especially if the whale's exit signals broader caution. In conclusion, the outlook is balanced between strong fundamental demand and emerging caution from large holders. The price action around the $102-$103 resistance will be decisive in determining the next significant move.

cryptonews.ru5m ago

Solana Price Forecast Hits $110 as Bitwise's BSOL Posts Record Trading Volume

cryptonews.ru5m ago

Trading

Spot

Hot Articles

How to Buy SKDD

Welcome to HTX.com! We've made purchasing GraniteShares 2x Short SK Hynix Daily ETF (SKDD) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy GraniteShares 2x Short SK Hynix Daily ETF (SKDD) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your GraniteShares 2x Short SK Hynix Daily ETF (SKDD)After purchasing your GraniteShares 2x Short SK Hynix Daily ETF (SKDD), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade GraniteShares 2x Short SK Hynix Daily ETF (SKDD)Easily trade GraniteShares 2x Short SK Hynix Daily ETF (SKDD) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

640 Total ViewsPublished 2026.08.19Updated 2026.08.19

How to Buy SKDD

What is SOFTBANK

SoftBank Group Corp., headquartered in Tokyo, Japan, is a global conglomerate providing a wide array of services, with a core focus on telecommunications both domestically and internationally. Its extensive operations are strategically organized into five distinct segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Latin America Funds. Beyond traditional mobile, broadband, and fixed-line communication services and the sale of mobile devices, the company is deeply involved in the digital landscape. This includes internet advertising, online ad distribution, and the provision of digital content such as e-books and the distribution of video, voice, and data. 

427 Total ViewsPublished 2026.08.20Updated 2026.08.20

What is SOFTBANK

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of A (A) are presented below.

活动图片

Top Questions

Hot Categoriesright-arrow

Hot Tagsright-arrow