{"id":4387,"date":"2025-04-22T15:32:17","date_gmt":"2025-04-22T14:32:17","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4387"},"modified":"2025-04-22T15:32:19","modified_gmt":"2025-04-22T14:32:19","slug":"why-trump-token-could-surge-next-few-hours","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/why-trump-token-could-surge-next-few-hours\/","title":{"rendered":"Why the TRUMP Token Could Surge in the Next Few Hours"},"content":{"rendered":"\n

Is a Rebound in Sight for the Official Trump Token (TRUMP) ?<\/strong><\/h2>\n\n\n\n

As the cryptocurrency<\/a> market is going through a challenging period, with a significant drop of over 45%<\/strong> for Ethereum (ETH)<\/a> in the first quarter of 2025, the official memecoin Trump (TRUMP<\/a>) is no exception. However, an encouraging technical signal<\/strong> could indicate a trend reversal for this controversial crypto.<\/p>\n\n\n\n

Over the past few weeks, TRUMP has managed to return to positive weekly gains, reducing its 90-day slide to around 79%<\/strong>. Interestingly, a harmonic pattern forming on the daily chart could herald a strong rebound ahead.<\/p>\n\n\n

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\"Trump<\/figure>\n<\/div>\n\n\n

On the daily chart of TRUMP, a potential formation of a bearish Gartley structure<\/strong> can be observed. Although this type of pattern typically signals a trend reversal<\/strong> once completed, it also allows for a significant bullish<\/a> movement before reaching this crucial point.<\/p>\n\n\n\n

The sharp decline of TRUMP began around March 23, after its failure to stay above the resistance of $12.43<\/strong> (marked as point X). Since then, it has lost nearly 42%<\/strong> of its value, hitting a low of $7.15<\/strong> on April 7 (point A). Leg AB has only retraced by 30.9%<\/strong>, slightly less than the typical range of 38.2%<\/strong> to 61.8%<\/strong> Fibonacci levels – but the entire harmonic configuration remains strong and valid.<\/p>\n\n\n\n

Following leg BC, the momentum has clearly reversed. TRUMP has bounced back from around $7.40<\/strong> (point C) and is currently working on the CD leg<\/strong> of the pattern, with increasing movement strength.<\/p>\n\n\n\n

If the pattern continues to unfold, TRUMP could surge towards the final target at point D, located around $11.30<\/strong> – a move that would represent approximately 33%<\/strong> increase from the current price near $8.53<\/strong>.<\/p>\n\n\n\n

What Does the Future Hold for the token ?<\/strong><\/h2>\n\n\n\n

If the bullish momentum continues, TRUMP could climb towards the $11.30<\/strong> zone in the coming days. This zone not only completes the Gartley harmonic structure but also corresponds to a 78.6%<\/strong> retracement of X-C momentum – making it a major technical resistance to closely monitor.<\/p>\n\n\n\n

However, caution is advised. In harmonic trading, once point D is reached, a reversal<\/strong> or heavy profit-taking<\/strong> is often expected.<\/p>\n\n\n

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\"TRUMP<\/figure>\n<\/div>\n\n\n

Before reaching $11.30,<\/strong> TRUMP will also encounter a strong liquidity zone to pass at $10.<\/strong><\/p>\n\n\n\n

In conclusion, although TRUMP has experienced a significant decline in recent months, current technical signs suggest the possibility of a significant rebound<\/strong> ahead. However, as always in cryptocurrency trading, it is essential to remain cautious<\/strong> and always do your own research before making an investment decision.<\/p>\n\n\n\n

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Weex : Earn 50 USDT in a few clicks and buy TRUMP<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n