The post TRUMP Coin Price Coils Up, Breakout Hints $25 Retest Possible appeared on BitcoinEthereumNews.com.

Official Trump Coin (TRUMP) is forming a consolidation pattern below a key resistance level. A potential breakout from this setup hints at a revisit of $25. With US President Donald Trump’s ‘Crypto Dinner’ with $TRUMP Coin holders coming to an end, can this token break out and kickstart an explosive rally? TRUMP Coin Price Breakout Could Push it to $25 The one-day chart shows Trump Coin consolidating below $15.335, a level that has prevented an uptrend since its breakdown on February 24, 2025. Between March and May 2025, $TRUMP Coin has created two rounded bottoms, showing buyer strength. This recovery can be attributed to the spike in demand after Donald Trump announced the Crypto Dinner with the top $TRUMP token holders. A consolidated look of these two rounded bottoms reveals a Cup and Handle pattern. In the Official Trump Coin’s case, a decisive daily candlestick close above $15.335 coupled with volume confirmation indicates a successful breakout. This technical formation forecasts a 54% breakout rally to $23.954, obtained by adding the Cup’s depth of 54% to the $15.335 resistance level. While the $23.954 is a theoretical target for the aforementioned setup, a closer look at the daily Trump Coin chart reveals equal highs formed at $25.061. A sweep of this liquidity could trap breakout buyers, making it a good level for smart money to book profits. Hence, a breakout from the Cup and Handle setup could see TRUMP Coin experience a 63% gain. TRUMP/USDT 1-day Chart, Cup and Handle Pattern Forecasts 54% Breakout Rally Opportunity Donald Trump’s Crypto Dinner & Crypto Market Outlook TRON founder Justin Sun attended the Crypto Dinner and said it was a “strong signal” for the cryptocurrency sector. Others criticized the dinner because of the conflict of interest due to Mr. Trump’s crypto holdings. The crypto market…

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Filed under: News - @ May 24, 2025 1:26 am