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Trump Coin’s Make-or-Break Moment: Post-Dinner Price Surge or Political Plunge?

Trump Coin’s Make-or-Break Moment: Post-Dinner Price Surge or Political Plunge?

cryptonewsT
Release Time:
2025-05-08 15:48:57
0

All eyes on the Mar-a-Lago effect as Trump Coin traders brace for volatility. The ’exclusive dinner pump’ narrative hits crypto—again.

Politico-meme coins live and die by headlines. Tonight’s steak menu could matter more than any technical analysis.

Remember: When the political class ’adopts’ crypto, they’re usually just cashing checks. Buyer beware.

Trump Coin price prediction 

Official Trump chart

Official Trump chart | Source: crypto.news

According to the eight-hour chart, TRUMP hit a bottom at $7.13 in April, surged to $16.41 on April 26, and then pulled back to $10.30 before rebounding again.

TRUMP has now moved above the 25-period moving average and broken out of a small falling wedge, a bullish reversal pattern

This suggests the token may retest the $16.41 level, potentially forming a double top. A retracement could follow, especially in the days around the exclusive dinner.

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|Square

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