TRUMP token shows signs of a potential rally after a significant recent correction. This is backed by market analysis from World Of Charts.
Current State of TRUMP Token
According to World Of Charts' analysis, recent market movements indicate a possible upward reversal for the TRUMP token. A falling wedge pattern has formed on a two-hour timeframe, suggesting a potential upward price shift.
Price Target for TRUMP and Expectations
Analysts predict a 67% move targeting a price range of $28 to $30, based on the height of the falling wedge pattern from the breakout point. Stable market conditions are crucial for achieving this price target.
Long-term Forecast and Trends
Additional data indicates that the TRUMP meme coin has generated substantial trading fees shortly after its launch, suggesting potential for steady long-term growth.
Analysts observe signs that the TRUMP token is ready for a potential rally. A target price range of $28-$30 is anticipated, assuming favorable market conditions.