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Showing posts with the label fibonacci retracement

Official Trump Price Prediction: TRUMP Is Top Gainer On CoinMarketCap With 36% Pump As Traders Eye This ICO Offering Safer Way To Buy Meme Coins

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The Official Trump price surged 36% in the last 24 hours to trade at $21.92 as of 9:22 p.m. EST on trading volume that skyrocketed 176% to $6.2 billion. The surge made TRUMP the biggest gainer on CoinMarketCap among major cryptocurrencies. TRUMP Shows Signs Of Bullish Momentum The TRUMP price has exhibited significant volatility over the recent trading period, as observed in the 4-hour chart. After a sharp decline from the high of $78, the Official Trump price found support near $14.8, marking an extreme low. This dramatic drop was followed by a period of consolidation, where the price fluctuated in a sideways range, forming a base around the 78.6% Fibonacci retracement level at $17.42. Recently, the price of TRUMP has broken above the 50-period Simple Moving Average (SMA), currently at $16.85, signaling a potential shift in trend. The current price of $21.92 shows that the asset is attempting to reclaim higher Fibonacci levels, with the 61.8% retracement at $29.91 as the n...