BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

TRUMP Token Struggles as Market Volatility Looms – Can It Find Stability?

by Matoy
February 5, 2025
in CRYPTO, POLITICS
Reading Time: 3 mins read
A A
3
SHARES
55
VIEWS
Share on XShare in TelegramShare on Reddit
  • TRUMP token sees a sharp decline as selling pressure takes over.
  • Key price levels tested, with bulls looking for a potential bounce.
  • Market sentiment remains uncertain as traders assess short-term risks.

A Wild Ride: TRUMP Token Faces Heavy Selling Pressure

The TRUMP token has been caught in a whirlwind of market volatility, with its price struggling to maintain stability. Over the past 24 hours, the token has faced strong downward pressure, breaking through key support levels as traders react to broader market conditions.

Earlier in the day, TRUMP attempted a slight rebound but quickly faced resistance near $27.50, leading to another wave of selling. The downward move has left investors questioning whether the token can regain momentum or if further declines are on the horizon. With its price now hovering around $26.15, the next few trading sessions will be crucial in determining its short-term direction.

Adding to the uncertainty, concerns over TRUMP’s supply distribution have surfaced. A recent post by @bio7ss on X raised a red flag regarding the token’s allocation:

🚨 Be careful with $TTC – Trump‘s Tax Company 🚨
The dev split 43% of total supply into smaller wallets! Ending up with many wallets which exclusively hold the token! Huge amount of supply is bundled! DYOR

🫡 pic.twitter.com/M3GgP9lx5F

— bio7ss (@bio7ss) February 4, 2025

A Wild Ride: TRUMP Token Faces Heavy Selling Pressure

Looking at the CoinGecko chart, TRUMP is now testing a key support range near $25.50 to $26.00. This zone has held firm in previous pullbacks, and bulls will need to step in if they want to prevent a deeper decline. If this level fails, the next major support sits closer to $24.80, which could act as a final line of defense before a more significant correction.

On the flip side, if buyers manage to push TRUMP back above $27.00, there’s a chance for a short-term recovery. Breaking through $28.00 would be even more significant, as it would signal that bullish momentum is returning. However, with market sentiment still shaky, traders remain cautious, keeping an eye on how the token reacts in the coming hours.

CoinGecko

Can TRUMP Token Rebound or Will Bears Stay in Control?

Market sentiment around TRUMP remains mixed. While some traders see the current dip as a buying opportunity, others are hesitant to step in, fearing more downside. The trading volume remains high, suggesting that interest in the token is still strong, but whether that translates into a sustained recovery is another story.

Much of TRUMP’s movement will also depend on broader market conditions. If Bitcoin and other major assets continue to struggle, it could drag TRUMP down further. On the other hand, if the crypto market stabilizes, TRUMP might find the support it needs to stage a comeback.

For now, traders should watch $25.50 closely. If the price holds, a potential bounce could be in play. But if bears break through, it could trigger another leg down. The coming days will be key in determining where TRUMP goes next, making this a pivotal moment for investors.

Tags: bearishTrumptrump token
Tweet1ShareShare
Previous Post

XRP’s Riding the Rollercoaster Once Again: Will White Swan Updates Save It From Further Correction?

Next Post

AI16Z Continues to Go Lower: Is This The End for the AI Token?

DON'T MISS THESE! HOT OFF THE PRESS

Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit
FINANCE

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out
FINANCE

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody
FINANCE

Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody

July 1, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.