Trump Coin Price Prediction: $1.6B Volume Sends Prices Higher – Is TRUMP About to Flip BONK and PEPE?
Official Trump has slipped from the meme coin top five – but surging volume is driving a bullish TRUMP coin price prediction.Over the past 24 hours, trading volume skyrocketed to $1.6 billion, the highest since May’s hol...
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Official Trump has slipped from the meme coin top five – but surging volume is driving a bullish TRUMP coin price prediction.
Over the past 24 hours, trading volume skyrocketed to $1.6 billion, the highest since May’s holder dinner, despite no major social catalyst.
That kind of organic demand suggests TRUMP could soon challenge meme coin giants like BONK and PEPE as altseason capital rotates into riskier bets.
With macro FUD easing and pro-crypto regulation unlocking sidelined liquidity, TRUMP may be on the verge of a major breakout.
Is This the Start of The Next Trump Wave?CoinGlass derivatives data shows a surge in speculative demand, with open interest hitting $555 million, matching levels last seen during the buildup to the Trump coin presidential gala dinner.
TRUMP coin Open Interest. Source: Coinglass.Traders appear to be positioning for continuation, leaning heavily bullish with a long/short ratio of 3.81 on Binance, almost 80% are betting on further price increases.
This comes with a rapid rise in the altcoin season index, increasing from 20 to 53 since the month began, though still far from the 75 considered a full altseason.
Altcoin Season Index. Source: Coinglass.Retail investors are re-entering the market with renewed appetite for alternatives to Bitcoin, but the door is open for further demand as bullish sentiment grows.
Trump Coin Price Analysis: Can TRUMP Enter the Meme Coin Top 3?This new volume appears to support bullish technical developments, confirming a breakout from a symmetrical triangle pattern that’s been forming since the mid-April market bottom.
TRUMP / USDT 4-hour chart, symmetrical triangle breakout. Source: TradingView, Binance.While post-breakout momentum has stalled at $11.65, the pattern projects a 128% move higher to retest the year-to-date high around $24.50.
However, this bullish case currently tests a make-or-break level with immediate support at $10.60 acting as the final buffer before a potential fall back below the triangle’s upper trendline.
This would rule out the move as a false breakout and reopen the pattern for further consolidation.
Momentum indicators offer a mixed signal. The RSI has reclaimed neutral ground near 50 after cooling from overbought territory at 80, suggesting a more stable base.
But the MACD line warrants caution as it continues to widen its gap below the signal line. While a lagging indicator, it could suggest that the short-term downtrend is not yet over.
If fully realised, the breakout would reflect a $4.8 billion market cap, enough to surpass BONK and reenter the meme coin top 4, though still trailing PEPE’s $5.7 billion.
Top 5 meme coins by market cap. Source: CoinMarketCap.To reach higher, TRUMP will likely need further catalysts to spur demand, like the CLARITY Act expected to pass in October, or a social spark like a shill from Donald Trump himself.
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The post Trump Coin Price Prediction: $1.6B Volume Sends Prices Higher – Is TRUMP About to Flip BONK and PEPE? appeared first on Cryptonews.
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