The TRUMP Meme Coin Faces Volatility

The TRUMP meme coin has experienced extreme volatility, currently down nearly 28% over the last 30 days. Anticipation builds ahead of US President Trump’s new rhetoric, ‘Liberation Day,’ set for April 2.

Traders Bet on Political Tokens

Some traders wager that ‘Liberation Day’ could spark revived interest in politically themed tokens. The key question is whether this momentum can push TRUMP past resistance levels or if uncertainty will continue to weigh it down.

TRUMP BBTrend Shows Negative Struggles

Market anxiety grows ahead of ‘Liberation Day.’ Reports suggest Trump may delay or modify aggressive tariff measures. As no final decision is confirmed, his history of last-minute shifts keeps investors on edge, although easing market tension could benefit meme tokens like TRUMP.

Currently, TRUMP’s BBTrend stands at -2.21, after a brief positive shift that dropped back to a recent negative low of -2.50. The readings suggest light bearish pressure, indicating a weak trend.

Ichimoku Cloud Signals Uncertainty

The Ichimoku Cloud chart reflects hesitation in the TRUMP market. The price hovers near the cloud’s lower boundary with flat Tenkan-sen (blue) and Kijun-sen (red) lines, pointing to a lack of short-term strength.

The future cloud (Kumo) is flat and thin, signifying weak support and the potential for easy price movement in either direction. The Chikou Span closely follows past price action, indicating stalled momentum.

Can TRUMP Hit $20 Before Liberation Day?

Despite the anticipation for April 2, the TRUMP meme coin struggles around or below $12. The indicators suggest a consolidation phase with limited bullish pressure.

If optimism builds, TRUMP could break out of its current range, targeting levels such as $12.51 and $13.88. A successful move could open the door for a rally towards $17.75 or even $24.56—its first return above $20 since February 15. Conversely, failing to generate interest could see TRUMP revisiting key support at $9.54, marking a significant breakdown below previous levels.