The Official Trump Price Prediction points to renewed optimism in the memecoin market after TRUMP surged over 20% on Monday, following a major Bitcoin purchase by American Bitcoin (ABTC).
The Trump family-backed firm, co-founded by Eric and Donald Trump Jr., revealed it had acquired 1,414 BTC worth more than $160 million, a move that has brought back bullish sentiment around the TRUMP memecoin.
$TRUMP rallied to a one-month high of $8.06 after the announcement, pushing its market capitalization to $1.36 billion and surpassing popular rivals such as PENGU, BONK, SPX, and FLOKI.
Analysts Say TRUMP Is Going To $10 Next
Currently trading near $6.82, the token’s resurgence has the market buzzing over whether it could hit the $10 mark next and potentially revisit highs around $35.
Adding to the momentum, LunarCrush data shows that social engagement surrounding $TRUMP has soared, recording over 5.9 million in social activity in the past week.
Source: LunarCrushCrypto chart analyst shared a setup indicating that the $TRUMP memecoin is now getting ready for a consolidation breakout that could successfully send it toward $15.
Algorithmic trader LegionTrading also revealed that TRUMP is showing bullish divergence on the 1-week chart.
The Stoch RSI is in oversold territory and crossing upward within a bullish falling wedge, which is a strong indicator to buy the dip.
Trump Price Prediction: Bullish Wedge Points to 104% Gains
On the technical front, the TRUMP/USDT daily chart shows a strong bullish breakout from a descending channel that has contained price action since mid-July.
After several weeks of consolidation near the lower boundary, buyers stepped in aggressively, pushing the token up by over 18% in a single day to reclaim the $7.40 level.
This breakout suggests a potential end to the downtrend and the start of a short- to medium-term reversal phase.
Source: X/@Allice_CryptoThe projection based on the height of the channel points to an upside target of around $15, representing an estimated 104% gain from current levels.
If price sustains above the upper boundary and confirms the breakout with volume, TRUMP could rally toward that target in the coming weeks.
However, failure to hold above $7 may trigger a retest of the breakout zone near $6 before resuming its upward trajectory.
Overall, momentum favors bulls, with the next key resistance near $10.
Pepenode Hits $1.96M Presale with 650% Staking APY—Worth the Hype?
TRUMP memecoin’s resurgence is bringing investors’ attention back to the memecoin ecosystem, and new launches still in the presale stage are presenting good buying opportunities now.
One hot project investors are pouring money into is Pepenode ($PEPENODE), which has already raised $1.96 million.
Pepenode combines Pepe meme culture with a gamified Mine-to-Earn model, allowing users to build and expand their own virtual mining operations through an interactive blockchain game.
To participate, users buy $PEPENODE tokens, which grant access to meme nodes, the core components of their mining infrastructure.
Gameplay generates additional $PEPENODE tokens that players can reinvest to enhance current nodes or expand their mining capacity.
Early investors can also stake their $PEPENODE holdings to earn over 650% APY, positioning it among the top-yielding staking opportunities available today.
Currently, PEPENODE sells for $0.0011138 per token and can be purchased directly through the official PEPENODE presale website using ETH, USDT, USDC, or bank cards.
The post Official Trump Price Prediction: TRUMP Pumped 20% on Monday as American Bitcoin Completes $160M BTC Purchase – Is TRUMP Going to $10 Next? appeared first on Cryptonews.
