Is It Too Late To Buy TRUMP? Trump AI Price Skyrockets 30,872% In A Week And This Might Be The Next Crypto To Explode !!#BTCSoarsTo68K #BinanceLabsInvestsLombard #APESurge #UptoberBTC70K? The Trump AI price has soared more than 30,872% in the past week following a 276% surge in the past 24 hours to trade at $0.0006834 as of 7:23 a.m. EST.
Despite the recent surge in the TRUMP price, the meme coin is still over 98% down from the all-time high of $0.06387 that it set on Oct. 2, 2024.
The Trump AI price has been in a positive sequence over the last several hours, printing higher highs and higher lows during this period. This bullish move has allowed TRUMP to break above the $0.0006668 resistance level, which the meme coin is now attempting to flip into support. Should the crypto close a 1-hour candle above this mark, its price could rise to $0.0008015.
On the other hand, the Trump AI price breaking back below the $0.0006669 level within the next 6 hours could bring an end to the meme coin’s bullish momentum. As a result, TRUMP might fall to the subsequent support at $0.0005457. In an extremely bearish case, the meme coin’s price could end up plunging to as low as $0.0003774.
From a technical perspective, indicators on TRUMP’s 1-hour chart warn of an upcoming correction. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are starting to show concerning signs.
In the last couple of hours, RSI readings have dropped from the low 90s to the mid 70s. Given the negative slope of the RSI line and the recent drop in the indicator’s value, traders might start to realize their gains and exit their positions in the meme coin.
Should both of these technical warnings influence traders’ view on the Trump AI price, the meme coin could soon drop to the $0.0005457 support level.