Ah, the resplendent TRUMP token, blossoming under the azure skies of modern finance—plucked from the garden of presidential aspirations. Once a beacon of hope at a lofty $10.63, it now finds itself staggering downward, like a soap opera hero in a particularly dramatic episode, shedding more than 13% of its value in a single 24-hour whirl.
In this moment of reckoning, the token tussles in the market’s clutches, trading at $8.94. Oh, the agony! Trading volume skyrocketing to a staggering 118.63% – it’s as if eager sellers have taken a joyous plunge into the depths, mustering a mere $891.21 million in sales.
The Inevitable $8 Price Tag
Wise oracle and crypto analyst Ali Martinez uttered a premonition: should the mighty TRUMP falter below the sacred $10 threshold, it will hastily tumble into the yawning abyss of $8!
If $TRUMP loses the $10 support level, it could quickly drop to $8!
— Ali (@ali_charts) April 3, 2025
And lo! The dreaded $8 support is now the stage for our tragic play. Will it hold like a determined hero, or crumble like a poorly made soufflé? The soothsayers—even the 20-day EMA—stand resolute at $10.78, posing formidable resistance to any potential resurrection.
As we gaze into the crystal ball, if our token friend fails the $8 test, its immediate sentiments wander to the $7 and $5 realms, with that poignant $5 acting as a psychological lifebuoy for weary investors.
TRUMP’s Price Analysis: A Comedy of Errors
Since its audacious debut in January, the TRUMP token has basked under the spotlight, courtesy of its illustrious family heirloom. The Trump clan, with their Midas touch, has allegedly accrued a staggering nearly $100 million in trading fees from these transactions—one might wonder, was it a climb or a chaotic tumble?
The chart serenades us with whispers of the Relative Strength Index (RSI) showing a meager 31.93, declaring the bears reign supreme over this crypto kingdom.
Source: TradingView
But wait! The TRUMP token’s tight embrace with the lower Bollinger Band, resting at $9.15, bears news of dread. If the valiant bulls do not rally for a heroic comeback, the abyss may beckon!
April 17: The Fateful Day Approaches
Mark your calendars, for April 17, 2025, looms large—a day that may either uplift the TRUMP saga to new heights or plunge it into despair, as the first grand token unlock causing ripples in its price mayhem unfolds.
With 40 million TRUMP tokens, worth an impressive $351 million, poised to join the fray—strategists recall the lore that grand token unlocks often herald catastrophic declines.
🚨News: The first major token unlock for $TRUMP, the memecoin launched by U.S. President Trump, is scheduled for April 17.
A total of 40 million tokens—worth $413 million and representing 20% of the circulating supply—will be released.
— SolanaFloor (@SolanaFloor) April 1, 2025
Oh, the chatter from the marketplace! Analysts predict a swift descent for TRUMP, with trader Kaizen gleefully announcing plans to short the token, thirsting for a plummet to absolute zero. The suspense is palpable!
Nice $TRUMP unlock soon.
Will short this to zero before the unlock.
$409M unlock lol.
— Kaizen (@KAIZ3NS) March 31, 2025
As the winds whistle warnings, investors remain on edge, speculating whether the early birds or Trump’s ravenous kin will scoop up their profits, especially in light of that recent heartbreaking 22% price decline.
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2025-04-03 22:42