The Official Trump price rose 4% in the last 24 hours, reaching $18.80 with a trading volume of $2.47 billion.
TRUMP Price Analysis
The 4-hour chart for TRUMP shows a descending wedge pattern, generally seen as a bullish reversal pattern. The price has made lower highs and lower lows within the wedge and is currently testing the upper limit near $20. Meanwhile, the 50-day simple moving average at $22.12 acts as dynamic resistance. The Relative Strength Index is at 45.29, indicating room for an upside move.
TRUMP Price Prediction
Given the descending wedge pattern and indicators, there is a strong possibility of breakout. If TRUMP breaks above $22.12, it could rally towards $25–$30 soon. Failure to break could lead to further consolidation with support near $15.
Solaxy Presale Nears $20 Million
The new Solaxy project on Solana blockchain has raised over $18.2 million in its presale. Solaxy aims to solve transaction and congestion issues using rollups technology. According to developers, Solaxy will allow building decentralized applications while enhancing Solana's features.
The TRUMP price demonstrates potential for growth, but investors should be cautious. Solaxy has quickly attracted investors and promises new solutions for Solana users.
