Breaking: $TRUMP Set to Go Parabolic Amidst Golden Cross PatternThe price of Trump coin is set to go parabolic with an anticipated 120% surge on the horizon amid forming a golden cross pattern- a pattern formed when the 50-day MA crosses above the 200-day MA resorted to a trend reversal.
Further solidifying the bullish thesis is the fact that $TRUMP coin has broken a bullish pennant earlier on surging 70% for the past 5 days. With the RSI at 46 and the anticipated Trump’s private dinner for TRUMP $TRUMP token holders, this Polit-Fi memecoin on Solana could be the catalyst for the next bull run.
While already down 9% for the past 24 hours, this is a market shake-off to, accumulate liquidity for the big pump up. However, should $TRUMP coin experience selling pressure, the possible retracement level will be the $11.55 support pivot.
OFFICIAL TRUMP Price Data
The OFFICIAL TRUMP price today is $13.69 USD with a 24-hour trading volume of $1,162,628,325 USD. OFFICIAL TRUMP is down 9.58% in the last 24 hours. The current CoinMarketCap ranking is #35, with a market cap of $2,738,579,157 USD. It has a circulating supply of 199,999,397 TRUMP coins and a max. supply of 999,999,993 TRUMP coins.
Presidenttrump
Bitcoin and the US PresidentsDemocrats and Obama:
177,202,485.71%
GOP and trump 1.0:
5,192.94%
Let the plebs and paid influencers talk their way, but facts will be facts, always.
Why he wants to deregulate crypto now, we might only speculate. But Ross William Ulbricht is free, pardoned by Trump.
If the trust in cryptocurrencies is compromised, expect a deep ABC correction. ;)
It is not a political post, nor is intended to be interpreted like one. It is just market observing one.
Be safe. Protect Your money.
Cheers
"Market Corrections Ahead of the Presidential Inauguration."Corrections are a part of the stock market, signaling moments of weakness and opportunity. Here's a breakdown of the current market decline levels, ranging from the recent 5% pullback to the potential 20% drop that defines a bear market. These are the levels that I will be watching to let me know the momentum of this current shorter term downtrend.
Historical Context:
Over the past 50 years:
5-10% declines occur about 3-4 times per year on average.
10-20% corrections happen roughly every 2-3 years.
Full bear markets (20%+ declines) are rarer but significant, averaging one every 6-8 years.
This chart visualizes the current levels, helping traders and investors understand where we stand in historical context and where the market could potentially head.
Always remember that as hard as some corrections and declines can be, they all create buying opportunities for long term investors.
IWM continues to HOLD supportIWM is within a 2 year channel with distinct points.
Lower end (red arrows) around $144-$145
Upper end (black arrows) around $160
Highlighted areas are times in which we breached those areas.
Yesterday the IWM traded down as low as $144.25, buyers stepped in to drive the ETF up.
Buyers have stepped into and bought around that area for the past 2 years.
Solid support.
Resistance of $160 is just as solid.