Trump Coin price consolidates below key resistance; with Trump’s Crypto Dinner over, a breakout could send TRUMP back toward $25.
The Official Trump Coin (TRUMP) is forming a consolidation pattern beneath a critical resistance level.
A revisit of $25 is suggested by the potential breakout from this setup.
Can this token break out and initiate an explosive rally in anticipation of the conclusion of US President Donald Trump’s “Crypto Dinner” with $TRUMP Coin holders?
TRUMP Coin Price Could Reach $25 Following Recent Breakout
The one-day chart indicates that the Trump Coin price is consolidating below $15.335, which has impeded an upward trend since its collapse on February 24, 2025.
Two spherical bottoms have been established by $TRUMP Coin between March and May 2025, indicating the strength of the buyer base.
This recovery can be attributed to the increase in demand that occurred following the announcement of the Crypto Dinner with the top holders of $TRUMP tokens by Donald Trump.
The Cup and Handle motif is evident in the consolidated appearance of these two rounded bottoms.
A decisive daily candlestick close above $15.335 and volume corroboration in the case of the Official Trump Coin indicates a successful breakout.
This technical formation anticipates a 54% breakout rally to $23.954, which is achieved by adding the Cup’s depth of 54% to the $15.335 resistance level.
The aforementioned setup has a theoretical target of $23.954.
However, a more detailed examination of the daily Trump Coin price chart reveals that equal highs were formed at $25.061.
A sweep of this liquidity could ensnare breakout buyers, rendering it advantageous for wise money to accumulate profits.
Therefore, the TRUMP Coin price may experience a 63% increase in value if it breaks free from the Cup and Handle configuration.
Donald Trump’s Crypto Dinner, Future Of Crypto Market
Justin Sun, the inventor of TRON, attended the Crypto Dinner and expressed that it was a “strong signal” for the cryptocurrency sector.
Others criticized the dinner due to the conflict of interest that resulted from Mr. Trump’s crypto holdings.
President Trump “recommended” a 50% tariff on the European Union, resulting in a $300 million liquidation event in the crypto market.
Due to this announcement, Bitcoin (BTC) experienced a 3.60% decline in less than three hours.
Ethereum (ETH) experienced a more significant decrease of nearly 7% in the same period.
Nevertheless, the crypto markets are optimistic, as BTC has increased by 2.31% from its intraday low, and ETH has increased by 3.53%.
The price of TRX has risen by 1.4% over the past hour.
Despite the brief correction and panic, the crypto market prognosis remains optimistic, particularly for altcoins, due to Bitcoin’s strength above $100k.
The Official Trump Coin pattern indicates a favorable short-term future, with a 63% rally opportunity this week.
Our comprehensive, long-term analysis of the $TRUMP token is available here: 2025-2030 Official Trump Coin Prediction.
