A symmetrical triangle forms when price consolidates between lower highs and higher lows.
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As a result, it creates a tightening range that signals an impending breakout. It also reflects growing indecision in the market as buyers and sellers battle for control.
The breakout above the triangle suggests that bulls have gained the upper hand, turning what was once a consolidation phase into a fresh bullish trend.
If momentum continues, the TRUMP crypto price could extend its climb toward higher resistance zones.
Beyond the breakout, momentum indicators are reinforcing the bullish case. The MACD has formed a bullish crossover, signaling that short-term momentum favors buyers.
Furthermore, the Chaikin Money Flow (CMF) has climbed above the zero line to 0.17, indicating stronger capital inflows.
If sustained, this suggests that TRUMP’s price may breach the resistance at $10 as long as the support at $8.29 holds.
WLFI Narrative Fuels Hype
Outside the charts, TRUMP’s rise is closely tied to today’s launch of World Liberty Financial (WLFI).
WLFI is a new DeFi project backed by members of the Trump family.
That connection has spilled over into hype around the TRUMP memecoin, which traders see as part of the broader “Trump crypto” narrative.
The logic is simple. If WLFI gains traction, attention on Trump-linked assets grows. If this attention continues to fuel speculation, the TRUMP memecoin could trade higher.
TRUMP Price Prediction:
On the daily chart, TRUMP shows a similar bullish outlook. The token has broken above a falling channel, signaling the end of its recent downtrend.
Supporting this move, the Money Flow Index (MFI) has climbed above the 50 mark, pointing to strengthening demand.
At the same time, the Awesome Oscillator (AO) has flashed green histogram bars, confirming growing bullish momentum.
Should this trend remain the same, the TRUMP crypto price might break the $11.28 resistance. If that happens, the next target for the memecoin could be $13.83.
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.
