Campaign from the official Trump of $ 938 million in a short -lived rally star-news.press/wp

Trump (Trump) has witnessed an increase in the price this month, which showed some recovery after recent conflicts.

However, the assembly in the short term of the distinctive symbol was rapidly diluted after launching a large part of its supply.

Open the official Trump code

The official Trump recently witnessed his first major symbol in six months, which led to the drowning of the market with new supplies. The features of Trump amounting to 90 million symbols were opened today, which are worth 938 million dollars, much smaller than the previous conquest in January, however it still increases liquidity significantly.

However, failure to respond to the abolition of the lock, despite the large capital that enters the market, also indicates the investor’s enthusiasm around the M -currency. Since the market response is perpetuated, it is unclear whether the last flow of liquidity can revitalize the price in the long run.

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Despite the setbacks, there is some macro momentum that works for the official Trump. The RSI is currently placed in the upscale area, and it sits above the neutral sign of 50.0. This indicates that on a wider scale, the general momentum in the market is still positive.

In particular, the continuous Bitcoin power can leak to Altcoins, providing Trump’s opportunity to take advantage of the ups of the upward market. However, the challenge facing Trump is to maintain the investor’s attention despite positive technical indicators.

The broader upward momentum can help, but unless the demand for the official Trump increases significantly, the optimism of the market may not be sufficient to maintain a significant outbreak.

Trump’s price is facing the challenge

Trump’s price recently increased by 6.48 %, trading at $ 10.51 at the time of this report. It increased for 10 % briefly over the top of the day, but the gathering was short -term, and the price recovery. The M -currency has struggled to keep a penetration at the main resistance levels, with $ 10.97 resistance proving that it is a difficult obstacle to its breach.

If Trump fails to violate the resistance level of $ 10.97 again, the currency may face potential corrections to $ 9.63, making recovery difficult. The code will need a strong demand to overcome this resistance and secure more gains.

However, if Trump takes advantage of the bullish momentum in the broader market, it may exceed $ 10.97 and up to $ 11.00. This current declining expectations will be possible and provide an additional opportunity to $ 12.18.