{"id":10237,"date":"2025-09-09T17:49:32","date_gmt":"2025-09-09T17:49:32","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-the-trump-crypto-coin-rebound-may-rebound-80-soon\/"},"modified":"2025-09-09T17:49:36","modified_gmt":"2025-09-09T17:49:36","slug":"heres-why-the-trump-crypto-coin-rebound-may-rebound-80-soon","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-the-trump-crypto-coin-rebound-may-rebound-80-soon\/","title":{"rendered":"Here\u2019s why the Trump crypto coin rebound may rebound 80% soon"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The Trump crypto coin price could rebound after forming a rare double-bottom pattern.<\/p>\n<div id=\"cn-block-summary-block_d66387b568a129b612f0c8fd04789b99\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Trump crypto coin could rebound after forming a double-bottom pattern.<\/li>\n<li>The rebound will happen despite the ongoing exchange inflows.<\/li>\n<li>Whales have continued to dump their TRUMP coins.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Official Trump (TRUMP) token was trading at $8.68 on Sept. 9, a few points above this month\u2019s low of $8.25. It has plunged by over 90% from its all-time high, erasing billions of dollars in value.<\/p>\n<h2 class=\"wp-block-heading\">Trump crypto coin price points to a rebound<\/h2>\n<p>The daily time frame chart points to an eventual rebound in the next few days or weeks. It has formed a double-bottom pattern at $8.25, its lowest swing in June and September this year.<\/p>\n<p>A double-bottom is made up of two distinct lows and a neckline, which, in this case, is at $11.94, its highest point on July 25.The profit target in this pattern is estimated by first measuring the distance from the neckline to the double-bottom and then measuring the same distance from the neckline.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Therefore, the price may soon surge to $15.65, which coincides with the highest swing in May this year. That would imply an 82% jump from the current level.<\/p>\n<p>The bullish Trump coin price forecast will become invalid if it drops below the neckline at $8.25. A move below that level will point to more downside, potentially to $5.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Trump coin price chart | Source: crypto.news<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Trump meme coin exchange balances are rising<\/h2>\n<p>The bullish Trump coin forecast is based only on technicals, as fundamentals are relatively weak. Nansen data shows that many investors have been moving their tokens from self-custody to crypto exchanges, a sign of selling.<\/p>\n<p>There are now 129 million TRUMP tokens on exchanges, a 3.92% increase in the last 30 days. The supply has jumped from a low of 123 million on Aug. 19.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"3118\" height=\"968\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/09\/Heres-why-the-Trump-crypto-coin-rebound-may-rebound-80.jpeg\" alt=\"TRUMP exchange reserves\" class=\"wp-image-14413557\"><figcaption class=\"wp-element-caption\">TRUMP exchange reserves | Source: Nansen<\/figcaption><\/figure>\n<p>At the same time, whales have continued to dump their coins in the past few weeks. Whales now hold 5.13 million coins, down from a high of 5.66 million in August. Whale selling is often a red flag in the crypto market.\u00a0<\/p>\n<p>The potential catalyst that may drive the TRUMP coin price higher is the approval of applications by Canary, Osprey Funds, and REX Shares. Such a move would lead to more inflows from American investors.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Trump crypto coin price could rebound after forming a rare double-bottom pattern. Summary Trump crypto coin could rebound after forming a double-bottom pattern. The rebound will happen despite the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10237"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10237\/revisions"}],"predecessor-version":[{"id":10238,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10237\/revisions\/10238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4369"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}