Solana memecoin TROLL jumps 25% after Coinbase adds it to roadmap | Credit: Veronica Cestari
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Key Takeaways
TROLL jumped 25% after Coinbase confirmed it added it to its listing roadmap.
Rising trading volume, a positive MFI, and Supertrend suggest growing momentum.
A confirmed breakout and eventual Coinbase listing could lift TROLL higher.
After weeks of heavy dumping, Solana-based memecoin TROLL is showing signs of life. In the past 24 hours, the token’s price has jumped 25%.
The rebound came after Coinbase confirmed it is preparing to list the TROLL crypto.
In this analysis, CCN breaks down how the bounce happened —and what it could mean for TROLL’s price going forward.
Coinbase Buzz Revives TROLL
Back in August, TROLL reached an all-time high of $0.27. However, by Sunday, Sept. 21, the memecoin had plunged to $0.10, dragged down by intense selling pressure.
Now, the token is showing signs of recovery. At press time, the TROLL crypto has bounced to $0.12, following news that Coinbase Assets has added it to its roadmap.
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Adding to the bullish setup, the green line of the Supertrend has flipped below TROLL’s price, flashing a fresh buy signal.
If this momentum holds, the TROLL crypto could break through overhead resistance and rally toward $0.19.
From an on-chain perspective, the recent development has sparked a surge in TROLL’s trading volume.
Rising volume alongside price is typically a bullish confirmation signal. It shows that the rally isn’t driven by a handful of trades but supported by broad market interest and liquidity.
If this trend continues, the increased liquidity could fuel even greater volatility, potentially driving TROLL’s price and market cap higher.
TROLL Price Prediction: Higher
On the daily chart, the TROLL crypto is flashing a bullish setup, with the memecoin on the verge of breaking out of a falling wedge—a pattern that precedes strong upward moves.
If confirmed, the breakout could drive TROLL to test resistance at $0.18. A successful push above that level may open the path toward $0.23, aligning with the 0.786 Fibonacci retracement.
Looking further ahead, a Coinbase listing could serve as a major catalyst. If that materializes, TROLL’s market value could climb as high as $0.46, pushing its market cap closer to $500 million.
However, the bullish case hinges on sustained buying pressure. If sellers take control and TROLL’s price fails to clear overhead resistance, the token risks slipping back to $0.074, erasing much of its recent rebound.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
