OFFICIAL TRUMP (TRUMP) Coin is trading around $4.41, slipping 3% over the past 24 hours. During intraday activity, the token recorded a high of $4.58 and a low OFFICIAL TRUMP (TRUMP) Coin is trading around $4.41, slipping 3% over the past 24 hours. During intraday activity, the token recorded a high of $4.58 and a low

TRUMP Meme Coin Remains Weak as Larger Market Sentiment Turns Cautious

  • TRUMP Coin is trading near $4.41 and remains in a clear downtrend.
  • Technical indicators show continued weakness, with RSI near oversold levels and MACD still signaling downside momentum.

OFFICIAL TRUMP (TRUMP) Coin is trading around $4.41, slipping 3% over the past 24 hours. During intraday activity, the token recorded a high of $4.58 and a low of $4.42, while its market capitalization stands at about $987.42 million. Trading activity remains slightly higher, with 24-hour volume around $198.89 million, suggesting that investors remain active despite downward price pressure.

The recent decline in TRUMP Coin price comes as broader market sentiment leans cautious and focus shifts away from speculative meme tokens. Bitcoin’s subdued price action and mixed regulatory developments have weighed on higher-risk assets, and tokens like TRUMP have reflected this trend. In addition, volatility in associated Trump-linked projects has raised questions among participants about the long-term narrative for politically themed crypto tokens. 

Several developments have shaped sentiment around TRUMP Coin. Data shows that holders of associated USD1 stablecoin — a Trump-linked project — have seen its market cap top $5 billion, contrasting sharply with the drop in TRUMP meme coin value since its peak.  TRUMP coin has collapsed more than 90% from its all-time highs, erasing much of the initial surge that followed its January 2025 launch. 

TRUMP Coin Faces Selling Pressure Near Key Resistance Levels

On the daily chart, TRUMP remains in a broader downtrend that has been in place since its earlier highs above the $7–$9 zone. Price action continues to form lower highs and lower lows, which points to a bearish trading structure. The recent bounce toward the $5.50–$5.80 area was met with selling, and price has since slipped back below the $5 level, showing that sellers remain active on rallies.

(Source: TradingView)

Meanwhile, momentum indicators also reflect weakness. The RSI (14) is around 28.8, which places TRUMP close to oversold territory. This suggests selling pressure has been strong, though it does not yet confirm a reversal. The MACD remains below the signal line, with the histogram still in negative territory, indicating that downside momentum has not fully eased. While there have been short-lived attempts to stabilize, follow-through buying has been limited.

Zooming in, current TRUMP Coin support stands near $4.20–$4.40, which has acted as a short-term floor in recent sessions. On the upside, resistance sits near $4.90–$5.20, where selling has repeatedly capped recoveries. For now, TRUMP remains in a weak trend, with price likely to stay range-bound unless market conditions improve and buying interest returns with stronger volume.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Republic Europe Launches SPV for Retail Investors in Kraken

Republic Europe Launches SPV for Retail Investors in Kraken

Republic Europe enables retail investors indirect access to Kraken equity via SPV before its U.S. IPO.
Share
bitcoininfonews2026/02/01 01:32
ZKP Opens the Door to a 6,000x Opportunity While ADA and SHIB Lose Whales’ Confidence

ZKP Opens the Door to a 6,000x Opportunity While ADA and SHIB Lose Whales’ Confidence

The global digital economy is valued at $3.02 trillion, driven by record inflows from large institutions. A fresh Cardano (ADA) price analysis shows the coin rebounding
Share
CryptoReporter2026/02/01 01:06