Categories: Technical analysis

Trump Coin Wave Analysis – 8 August 2025

Trump: ⬆️ Buy

– Trump Coin reversed from the support area

– Likely to rise to resistance level 10.75

Trump Coin recently reversed from the support area between the support level 8.440 (lower border of the sideways price range inside which the price has been moving from June) and the lower daily Bollinger Band.

The upward reversal from this support area stopped the previous short-term ABC correction ii from last month.

Given the strongly bullish sentiment seen across the cryptocurrency markets, Trump Coin can be expected to rise to the next resistance level 10.75 (upper border of the active sideways price range).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: trump

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