In the past week, the Official Trump token price has faced a steep, relentless decline. It is down 21% over seven days and falling another 1.65% in just 24 hours. Today, TRUMP trades at $5.96, a figure that not only marks its lowest close since late September but also signals deepening bearish sentiment across the board.
Three critical factors drive these losses: technical weakness, increasing regulatory scrutiny around Trump’s crypto-linked ventures. And mounting supply concerns as insider-held tokens inch closer to potential unlock events. Although the project recently cited a $200 million treasury rescue plan, traders remain unconvinced. This has left the TRUMP price struggling below key supports as uncertainty grips the market.
Turning to the technical landscape, TRUMP’s price action leaves little room for optimism in the short term. The token sits firmly below its 7-day SMA at $6.05, and remains far from reclaiming the 30-day SMA at $7.42. With the RSI-14 at just 34.26, exhaustion from persistent selling pressure is clear, but there’s no sign of a reversal. The MACD histogram reading of -0.10699 reinforces bearish control.
Critically, TRUMP broke below the 38.2% Fibonacci retracement at $6.47, eliminating a key structural support. Now, traders view $6.50 as pivotal resistance until TRUMP can close above this mark with increased volume and momentum.
Meanwhile, only 20% of the token supply actually circulates, with the rest held by insiders under strict unlock schedules, leading to ongoing supply anxiety. This, plus intensifying regulatory debate about the Trump family’s $1B+ crypto profits, has further cast doubt over long-term price stability.
TRUMP’s decline is driven by weak technical readings, strong regulatory pressure, and worries around insider-held supply nearing unlock windows.
At 34.26, RSI does show oversold conditions, but with no bullish momentum visible in price or volume trends, hence, traders should remain cautious.
Watch $6.50 closely, it’s now a major resistance point. Breaking and closing above this level could open doors for a short-term rebound.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Story Highlights The live price of the Hyperliquid crypto is . The 2025 HYPE price…
France is taking a hard look at cryptocurrency firms. Dozens of exchanges, including big names…
From pushing a state cryptocurrency reserve fund to accepting Bitcoin for payments, Ohio is embracing…
Digital Asset Treasuries, or DATs, have become one of the hottest topics in crypto lately,…
Ghana’s central bank has made a strong move to take crypto regulation seriously. After watching…
Bitcoin is making a buzz again, but not for the reasons bulls had hoped. Over…
