OFFICIAL TRUMP Price Prediction: Analysis in March?

Bittime - Price OFFICIAL TRUMP ($TRUMP) experienced a decline of 4% in the last 24 hours, trading at $13.64 as of 9:30 p.m. WIB. Trading volume also fell 13% to $1.32 billion. This decline occurred despite anticipation of the White House Crypto Summit which will be held on March 7.

Crypto Summit at the White House

The event will be led by David Sacks, White House Chief of Crypto and AI, and will discuss crypto regulation, stablecoins, as well as Bitcoin's role in the US financial system. This summit shows Donald Trump's commitment to making the US a global crypto hub.

OFFICIAL TRUMP Price Eyes Breakout

The TRUMP/USDT trading pair shows potential bullish breakout although the price is currently down 1.25% to $13.39. After last week's sharp decline, the token formed a pattern rounded bottom, which is often a signal of a strong upward movement.

Over the past few days, TRUMP/USDT has traded within a bearish channel, reaching a key support level at $11.84 before climbing back up. This support level serves as a strong demand zone, preventing further declines and providing an opportunity for buyers to take control.

Key Resistance Level at $14.24

Currently, the token is approaching a critical resistance level of $14.24, which has previously thwarted several breakout attempts. If it manages to break through this level, the price could potentially surge towards the key resistance zone at $18.00—a significant increase from where it is currently.

TRUMPUSDT Analysis Source: Tradingview

However, failure to break $14.24 may lead to a price correction with the nearest support level at $13.00. If the selling pressure increases, the price may again test the $11.84 support zone which remains an important area for the market bulls to be maintained.

Technical Indicators Show Positive Momentum

Technical indicators provide signals that momentum is starting to favor the buyers. The Relative Strength Index (RSI) is at 56.31—indicating a bullish impulse without reaching the overbought zone (70). This means there is still room for further upside before the market overheats.

Trading volume is also closely monitored by analysts. A surge in buying pressure could confirm a breakout above the $14.24 resistance level and trigger a rally towards the next target at $18.00. 

With market sentiment starting to turn positive, the next move could determine the short-term price direction of the OFFICIAL TRUMP token.

Read too How to Buy Official Trump (TRUMP) on DEX

Conclusion: What are the Next Steps?

Price OFFICIAL TRUMP is currently in a crucial zone with significant breakout potential. If it manages to break the major resistance at $14.24, the token could experience a major surge towards $18.00. 

However, investors need to be careful of the possibility of a correction if the resistance level fails to be penetrated. 

With technical indicators showing bullish momentum and market attention focused on the upcoming White House Crypto Summit, all eyes are on the token's next move.

Read too Official Trump Price Prediction (TRUMP) Throughout 2025

FAQ About OFFICIAL TRUMP (TRUMP)

1. What is OFFICIAL TRUMP (TRUMP)?

OFFICIAL TRUMP is a Solana blockchain-based meme coin launched by Donald Trump in January 2025. The token is used for social media engagement, rewards, and governance.

2. What is the purpose of launching OFFICIAL TRUMP?

The aim of launching OFFICIAL TRUMP is to provide a platform for Donald Trump supporters to engage in the crypto community, as well as promote the use of cryptocurrencies in political and social contexts.

3. What influences the price of OFFICIAL TRUMP?

TRUMP price is influenced by market sentiment, user adoption, technical developments, and macroeconomic events.

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Reference

Charles Kibue, OFFICIAL TRUMP Price Prediction: TRUMP Slumps 4% Ahead Of First White House Crypto Summit On March 7, While This Solana Layer 2 Surges Past $24.5M, Accessed March 3, 2025

Author: IN