Donald Trump’s meme coin, Official Trump (TRUMP), continues to face significant selling pressure.
While there are growing calls among experts that the TRUMP crypto price has bottomed out, the possibility of more downside volatility cannot be ignored.
According to prominent analyst Crypto Tony’s Official Trump price prediction, sidelined investors should wait for the meme coin to flip the $19.50 resistance into support before buying or opening a long position on it.
$TRUMP / $USD – Update I am in above $19.50 pic.twitter.com/VJomgFekep
— Crypto Tony (@CryptoTony__) February 6, 2025
Meanwhile, smart money investors continue to bet on meme coins with better charts, including AI meme tokens like AI16Z and Fartcoin. Even low-cap AI tokens like Mind of Pepe are in high demand, with early buyers calling them the next 100x crypto.
Official Trump Price Prediction
The TRUMP crypto price is down 76% from its all-time high, trading at $17.55 at press time.
While the meme coin is up over 5% from its weekly low of $16.63, the continued lower-high structure reveals it could see continued selling pressure in the coming days.
This is despite a growing consensus among experts that the Official Trump has hit a macro bottom.
For instance, Crypto GVR believes that Donald Trump’s official meme coin will start a trend reversal in the $15-$20 zone and hit the $100 mark in the coming weeks. Previously, he accurately predicted at $68 that $TRUMP would correct to $30 and below.
I warned you guys about $TRUMP coin dump ✅It down from 68$ to 18$ , Almost 70% dump in 14 days I saved you guys and now #trumpcoin will start reversal in between 15-20$ and soon hit 100$ https:
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Author: Adrian Barkley
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