TRUMP Price Prediction for February 14, 2025

The newly launched meme coin of Trump (Trump) attracts appreciable consideration, with a outstanding 24% upward momentum within the final 24 hours. Coinmarketcap knowledge exhibits Trump, presently traded round $ 20.15, after an outbreak above the robust resistance stage of $ 19.70.

Trump worth motion and upcoming stage

This monumental upward momentum has prompted an outbreak of the robust resistance stage at $ 19.70 and opened the trail for the meme coin to rise significantly within the coming days. Nonetheless, the outbreak has not but been accomplished.

Primarily based on the latest worth promotion and historic patterns, if the meme forex closes a four-hour candle above the extent of $ 20.30, there’s a robust risk that it may rise by 40% to the $ 29 stage within the could be reached within the coming days.

Buyers dump $ 66 million value Trump

Regardless of these bullish prospects, one factor that’s presently delivered is the report dumping of the Trump Meme Coin on exchanges, which might point out potential gross sales strain and additional worth lower.

Information from the influx/outflow of the place confirmed that exchanges have seen a big $ 51 million in Trump Muntmuntin within the final 24 hours. This substantial influx on exchanges is the most important registered for the reason that meme coin was launched.

Merchants Bullish Outlook

Along with the Bearish market sentiment of the long-term holders, intraday merchants appear to extend their open positions. Within the final 24 hours, Trump’s open interest has risen by 35%, which signifies an enormous leap in constructing new positions.

Nonetheless, knowledge additionally confirmed that merchants who guess on the lengthy facet are presently actively dominating. On the time of the press, a very powerful liquidation ranges $ 18.60 on the backside and $ 21.36 on the prime, with intraday merchants had been surpassed at these ranges.