The TRUMP token has suffered a significant price drop, breaking through key technical support levels amid growing regulatory pressure and concerns over upcoming insider token unlocks.
Sharp Decline and Rising Pessimism
Over the past week, the price of the official TRUMP token has experienced a steep and sustained drop. The token fell by 21% in 7 days and declined an additional 1.65% in the past 24 hours.
Currently trading at $5.96, this marks the lowest closing price since late September, reflecting deepening bearish sentiment and uncertainty among investors.
Three Key Drivers Behind the Drop
- Technical Weakness: Lack of support above critical market indicators.
- Regulatory Pressure: Heightened scrutiny over crypto ventures linked to the Trump family.
- Unlocking Concerns: A large portion of supply is held by insiders, raising fears of potential sell-offs.
The project announced a rescue plan involving a $200 million vault, but this has failed to boost trading volume or generate bullish momentum. As a result, TRUMP remains below major resistance levels and under continued market pressure.
TRUMP Coin Price Analysis
From a technical perspective, TRUMP’s price action offers little cause for optimism. The token is trading below its 7-day simple moving average (SMA) of $6.05 and far below the 30-day SMA of $7.42.
The RSI-14 sits at 34.26, signaling oversold conditions due to prolonged selling pressure. The MACD histogram (-0.10699) confirms bearish dominance.
TRUMP has broken below the 38.2% Fibonacci level at $6.47 — a key technical support that now acts as resistance.
Traders are closely watching the $6.50 zone as a critical threshold. For a recovery to begin, the price must close above this level with increased volume and positive momentum.
Limited Circulating Supply and Regulatory Uncertainty
Currently, only 20% of the TRUMP token supply is in circulation. The remaining tokens are held by insiders and subject to strict unlock schedules. This raises significant concerns that future releases could increase selling pressure.
Additionally, public debate surrounding over $1 billion in crypto profits allegedly connected to the Trump family is intensifying regulatory scrutiny and casting doubts on the token’s long-term stability.
Conclusion
The TRUMP token faces mounting pressure on multiple fronts — technical instability, regulatory headwinds, and fears of insider dumping. Without significant trading volume or renewed investor confidence, the token remains in bearish territory. Traders will be watching the $6.50 level closely, as it represents a critical resistance point for any potential reversal.
Frequently Asked Questions
Find answers to the most common questions below.
The decline is linked to technical weakness, regulatory scrutiny, and concerns over future insider token unlocks.
Traders are watching the $6.50 mark closely. A close above that level with strong volume could signal a reversal.
Only about 20% is currently circulating, with the rest locked and held by insiders, raising concerns about future selling pressure.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
