Red Candles Stack Up for OFFICIAL TRUMP (TRUMP): Will Sellers Tighten Their Grip?

TheNewsCryptoОпубліковано о 2026-01-13Востаннє оновлено о 2026-01-13

Анотація

The cryptocurrency market is experiencing a neutral to bearish sentiment, with Bitcoin trading at $91.8K and Ethereum at $3.1K. Among altcoins, OFFICIAL TRUMP (TRUMP) has seen a modest loss of over 2%, trading around $5.36 with a market cap of $1.07 billion. Its daily trading volume has plunged by over 33%. Technical indicators present a mixed outlook: the MACD suggests weakening momentum, while the CMF value of -0.15 indicates moderate selling pressure. The RSI at 45.36 shows neutral to slightly bearish conditions. If bearish pressure continues, TRUMP could drop to support at $5.31 or lower. Conversely, a bullish reversal might push it toward resistance at $5.41 or higher.

The red floor remains awake, triggering the crypto assets to face losses. With the Fear and Greed Index value settled at 41, the market is lingering in neutral sentiment, and the price movements are lacking clarity. Meanwhile, the largest asset, Bitcoin (BTC), trades at $91.8K, and the largest altcoin, Ethereum (ETH), hovers at $3.1K.

Among the altcoin pack, OFFICIAL TRUMP (TRUMP) has registered a modest loss of over 2.03%. The asset opened the day trading at a high of $5.49, and it chose to slip to a low of $5.31 as the bearish command drove the TRUMP market. A potential breakdown from the current trading level would lead to more losses.

According to the CoinMarketCap data, at the time of writing, OFFICIAL TRUMP traded within the $5.36 zone, with the market cap resting at $1.07 billion. Moreover, the daily trading volume of TRUMP has plunged by over 33.77%, reaching the $171.39 million mark

Is OFFICIAL TRUMP’s Price on Track for Another Slide?

The OFFICIAL TRUMP’s Moving Average Convergence Divergence (MACD) is below the zero line while the signal line is above the zero line. It points to a mixed or weakening momentum. The short-term momentum has turned negative, and the broader trend still hints at underlying strength.

In addition, the Chaikin Money Flow (CMF) indicator is positioned at -0.15, which indicates moderate selling pressure in the TRUMP market. With this negative value, the capital outflows outweigh inflows, showing the trend of distribution rather than accumulation, along with a bearish bias.

If the token exhibits a sturdy bearish takeover, the red candlesticks may light up, and pull back the OFFICIAL TRUMP to its key support range at around $5.31. An extended downside correction likely triggers the emergence of the death cross, eventually, sending the price below $5.26.

Assuming the price action turns the chart green, it implies a bullish trading pattern. The OFFICIAL TRUMP price could rise and test the initial resistance at the $5.41 level. Upon the potential bulls gaining more strength, the golden cross might take place, driving it to trade at $5.46 or even higher.

TRUMP’s daily Relative Strength Index (RSI) found at 45.36 indicates neutral to slightly bearish momentum. The asset is trading below the midpoint, 50, but it is not yet oversold, leaving enough room for movement in either direction. Furthermore, the Bull Bear Power (BBP) reading of -0.034 suggests that the bears are slightly in control of the market. The price of OFFICIAL TRUMP is trading below, as the value is close to zero and typically denotes consolidation.

Top Updated Crypto News

Pump.fun-Linked Wallet Sends $148M Stablecoins to Kraken Again

Пов'язані питання

QWhat is the current market sentiment according to the Fear and Greed Index, and what is its value?

AThe market is lingering in neutral sentiment, with the Fear and Greed Index value settled at 41.

QWhat is the current trading price and market capitalization of OFFICIAL TRUMP (TRUMP)?

AAt the time of writing, OFFICIAL TRUMP is trading within the $5.36 zone, with a market cap of $1.07 billion.

QWhat does the Chaikin Money Flow (CMF) indicator value of -0.15 indicate for the TRUMP market?

AThe CMF value of -0.15 indicates moderate selling pressure, where capital outflows outweigh inflows, showing a trend of distribution and a bearish bias.

QWhat are the potential price targets for TRUMP if a bearish takeover occurs?

AIf a bearish takeover occurs, the price could pull back to its key support at around $5.31, and an extended downside correction might send the price below $5.26.

QWhat does the Relative Strength Index (RSI) value of 45.36 suggest about TRUMP's momentum?

AThe RSI value of 45.36 indicates neutral to slightly bearish momentum, as it is below the midpoint of 50 but not yet oversold, leaving room for movement in either direction.

Пов'язані матеріали

As Consensus Accelerates, What Are Young Investors Betting On?

Title: As Consensus Forms Faster, What Are Young Investors Betting On? In the rapid evolution of tech investment, a new generation of young investors is navigating a landscape where AI, robotics, commercial aerospace, and quantum computing are advancing simultaneously. Traditional investment logic based on financial models is giving way to a need for deep technical understanding and the ability to act before industry consensus forms. An analysis of trends from the "WAIC FUTURE TECH" list of young investment leaders reveals key shifts in focus. The first major trend is the movement of AI from the digital screen into the physical world. Investment is shifting from large language models and chatbots towards embodied AI, robotics, AI hardware, and edge computing. While demonstrations generate excitement, the real challenge lies in achieving scalable, reliable, and cost-effective delivery in complex real-world environments like factories and logistics. Success depends not just on algorithms but on the integration of sensors, actuators, and control systems. Second, the competitive focus for large models is moving beyond raw capability toward building an "intelligence flywheel." The goal is to create self-reinforcing systems where user interaction generates data, improving the model, which in turn enhances the user experience and attracts more engagement. Companies that successfully embed AI into workflows to create these closed-loop systems can build lasting value that isn't easily erased by the next model upgrade. Third, facing a potential bottleneck in high-quality human-generated data, investors are looking at new underlying technologies. Reinforcement learning and self-play, as demonstrated by AlphaGo Zero, offer paths for AI to generate its own experience. Scientific foundation models, which aim to build general AI capabilities for fields like life sciences and materials discovery, represent a non-consensus direction that could unlock new frontiers of knowledge and data. Finally, in deep-tech areas like quantum computing, commercial aerospace, and space-based infrastructure, patient capital is essential. These fields have long, uncertain development and validation cycles involving complex engineering, supply chains, and regulations. Investment here requires a long-term view, focusing on foundational team capabilities and the eventual emergence of market demand, even if commercial returns are distant. Collectively, these trends illustrate how young investors are adapting to a new era. They are learning to make earlier, technically-informed judgments, balance hype with real-world viability, and provide the patient capital needed to build the deep-tech foundations of the future.

marsbit29 хв тому

As Consensus Accelerates, What Are Young Investors Betting On?

marsbit29 хв тому

Unlocking $100 Million in Liquidity? Pump.fun's New Policy Tests the 5-Minute Pump Technique

Foresight News, July 21 – Pump.fun has launched its new "BOOST" mode as the standard launch mechanism for new tokens. The core of BOOST is to address the issue of "dead liquidity." Historically, when a token migrates from its bonding curve to a liquidity pool, roughly 20% of its liquidity becomes permanently locked and unusable, a problem the platform estimates costs over $100 million annually. The new mechanism redirects this 20% of funds, which would have been locked, to instead be used for a 5-minute Time-Weighted Average Price (TWAP) buyback of the token immediately after migration. The purchased tokens are then permanently burned. For example, this means reserving 17.6 SOL for SOL pairs or about $2516 for USDC pairs at migration. This creates a short-term buying pressure and reduces the token's supply. The goal is to improve the immediate post-launch performance of memecoins, potentially increasing trader retention and transaction volume on the platform. However, critics warn this could lower the bar for token launches, encouraging low-quality projects, and that the brief 5-minute buy pressure might lead to sharper price crashes once it ends if followed by large sell-offs.

Foresight News38 хв тому

Unlocking $100 Million in Liquidity? Pump.fun's New Policy Tests the 5-Minute Pump Technique

Foresight News38 хв тому

What Signals Can Be Read from the Trading Data of India's Largest Asset Manager SBI's IPO?

India's largest asset manager, SBI Funds Management, successfully listed on July 21 with a nearly $10 billion IPO, attracting approximately 42 times subscription. However, the first-day closing price rose only about 6.3%, falling short of the 16% premium anticipated in the grey market. This signals robust demand for core Indian financial assets but also disciplined pricing, indicating the IPO market is selectively open for strong brands with clear growth narratives. The low reported underwriting fees, which led some global banks to reduce participation, highlight a shift in pricing power towards powerful issuers like SBI. Its strong brand, banking parent, and stable cash flows reduced reliance on traditional investment banking sales channels, with local brokers playing a larger role. This fee dynamic may not be replicable for weaker issuers. SBI's performance is seen as a key test for India's IPO pipeline, including potential future large listings like Reliance Jio and NSE. Its success with tempered gains sets a new price anchor: high-quality assets can launch, but excessive valuation premiums are constrained. The true measure of a sustained market reopening will be whether subsequent major offerings can proceed smoothly at reasonable valuations.

marsbit56 хв тому

What Signals Can Be Read from the Trading Data of India's Largest Asset Manager SBI's IPO?

marsbit56 хв тому

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

Japan's cabinet has introduced the 2026 Basic Policy on Economic and Fiscal Management and Reform, shifting its primary fiscal target. The new framework moves away from the traditional annual primary balance goal and instead prioritizes a stable reduction of the debt-to-GDP ratio. This change is tied to a strategy of increased "responsible proactive fiscal" spending, aiming to boost long-term growth through investments in strategic sectors like AI, semiconductors, energy, and robotics. The government estimates total public and private investment in 62 key technologies could exceed 370 trillion yen by 2040. The market reaction has been mixed and cautious. While equity markets may respond to policy signals, bond markets are focused on fiscal credibility. Concerns center on whether the weakening of the clear primary balance anchor could lead to looser fiscal discipline. If investors doubt that these strategic investments will generate sufficient productivity gains, tax revenue, and nominal growth to outpace rising interest costs, they may demand higher yields on Japanese Government Bonds (JGBs). Recent volatility in the yen and JGB yields, with the 10-year yield briefly reaching 2.9%, reflects this skepticism. The success of this new framework hinges on two factors: whether Japan can achieve a nominal growth rate consistently higher than its long-term interest rates, and whether future budgets demonstrate disciplined control over bond issuance. The government's narrative is that strategic investment is essential to break Japan's cycle of low growth, aging, and labor shortages. However, the bond market will continuously assess the credibility of this plan, pricing the risk that it may represent fiscal expansion rather than a viable growth strategy.

marsbit1 год тому

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

marsbit1 год тому

Misjudged A-Shares: Resilience, Expectations, and Confidence

China's A-share market recently faced selling pressure, especially in tech sectors, initially triggered by a global tech sell-off that began in South Korea. However, the article argues this is a case of "mistaken injury" and highlights the market's underlying resilience. This resilience stems from three main pillars: **1) Tech Sector Fundamentals:** Unlike Korea's market dominated by a few memory chip stocks, China's tech sector is diversified across computing, communications, electronics, and semiconductors, supported by dual narratives of global AI supply chains and domestic substitution. Core areas like optical modules and fiber optics continue to show strong earnings growth. **2) "National Team" Support:** State-backed institutions and large corporations have made significant market purchases and announced buybacks, providing liquidity and signaling confidence. This is seen as a stabilizing policy signal, often associated with market bottoms. **3) Broader Market Pillars:** Other major sectors are showing endogenous recovery momentum. Consumer stocks benefit from stabilizing CPI and signs of sector recovery (e.g., liquor price hikes). Cyclical sectors like aluminum have high earnings, potential price increases due to tight supply, and low valuations. The financial sector offers stable dividends and low valuations. The conclusion is that the sell-off was driven by external contagion, not a collapse in fundamentals. With strong policy support and recovering momentum across key sectors, the A-share market possesses the toughness to regain stability.

marsbit1 год тому

Misjudged A-Shares: Resilience, Expectations, and Confidence

marsbit1 год тому

Торгівля

Спот