The cryptocurrency market showcases notable growth with increasing prices of Bitcoin and Ethereum, while the TRUMP token gains attention ahead of a dinner with Donald Trump.
The Surge of Bitcoin and Ethereum
Bitcoin (BTC) has surpassed the $108,000 mark, marking an important milestone in its growth. Ethereum (ETH) has also shown significant gains, increasing over 56% in the last 30 days and trading above $2,550 — its highest in recent months.
The TRUMP Token: Rise and Anticipation
The Official Trump (TRUMP) token has seen an impressive monthly gain of over 72%. All eyes are on the upcoming 'Trump Dinner', where the top 220 holders of the memecoin have been invited. This event has generated excitement across the crypto community.
Prospects for TRUMP Post-Dinner
If the breakout retest is successful, the TRUMP token could begin targeting key resistance levels at $16.43, $17.80, and $22.80. The upcoming Trump Dinner could serve as a fundamental catalyst for further price action, though there is a risk of volatility as market participants may opt to take profits.
Currently, the TRUMP token holds a technically bullish position, and a successful retest could lead to a new rally in the coming days.
