While the Trump Official token can be said to have experienced a significant price crash over the past months, it appears to be starting on a good note this September. As of the time of writing, the coin reflects a price growth of 3.42%. What’s more, its price action seems to have crossed a key threshold, and further gains may be witnessed subsequently.
TRUMP Market Statistics
Current Price: $9.03
Market Capitalization: $1.72B
Circulating Supply: 199.99M
Total Supply: 1B
CoinMarketCap Rank: 55
Key Price Levels
Resistance: $10, $11, $12
Support: $9, $8, $7
Official Trump May Clinch More Gains
Buying activity resumed in the TRUMP daily market two sessions ago. It started small and appeared insignificant but has grown considerably. The last price candle has advanced past the middle limit of the Bollinger Bands (BB) indicator.
The movement of the Stochastic Relative Strength Index (SRSI) lines indicates a flourishing bullish momentum as it rises steeply toward the overbought region of the indicator. The lead line has already crossed the 70 mark, while the lagging one follows at 55.93. Albeit, it appears this market may continue upward subsequently.
TRUMP Shows Resilience
The Official Trump market on the 4-hour chart has seen a thrust through the uppermost limit of the BB indicator. This resulted in a downward rejection in the previous session, but the current session has sustained the market above the uppermost band of the BB indicator.
The SRSI lines can be seen to have just delivered an upward crossover above the 70 mark. The ensuing lines maintain an upward trajectory toward the overbought region of the indicator. Therefore, it appears we may see additional upward climbs in this market toward the $10 price level subsequently.
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