TRUMP price is up roughly 10% in the last 24 hours, bringing its market cap back close to $4 billion. Despite this rebound, TRUMP has lost its third-place ranking among the largest meme coins to PEPE.

While RSI has recovered from oversold levels and price action is improving, BBTrend remains in deeply negative territory, signaling lingering bearish pressure. The meme coin now faces a critical test—if the current uptrend continues, it could reclaim key resistance levels, but rebound selling pressure could influence a move back toward lower supports.

TRUMP RSI Is Recovering From Oversold Levels, But It’s Still Neutral

TRUMP Relative Strength Index (RSI) is currently at 48.5, rising from 27.8 just two days ago after hitting a low of 19.8 four days ago. This sharp recovery indicates that buying pressure has returned after TRUMP was in deeply oversold conditions.

An RSI below 30 suggests that an asset is oversold and could be due for a rebound, which aligns with the recent price action. Now at 48.5, TRUMP’s RSI is at its highest level in weeks, showing that momentum is shifting toward a more neutral stance, though it has not yet entered bullish territory.

RSI is a momentum indicator that measures the speed and magnitude of price movements on a scale from 0 to 100. Readings above 70 suggest overbought conditions and a potential pullback, while readings below 30 indicate oversold conditions and a possible recovery.

With TRUMP RSI now at 48.5, it is nearing the 50 level, which often signals a balance between buying and selling pressure. If RSI continues rising and crosses 50, it could indicate growing bullish momentum.

However, if the RSI struggles to break higher, TRUMP may remain in a consolidation phase before making its next move.

TRUMP BBTrend Is Still Very Low

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Author: Tiago Amaral

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