Categories: Technical analysis

Trump Coin Wave Analysis – 9 May 2025

Trump Coin: ⬆️ Buy

– Trump Coin reversed from support area

– Likely to rise to resistance level 16.000

Trump Coin recently reversed up from the strong support area between the round support level 10.00 (which also reversed the price in March) and the 61.8% Fibonacci correction of the ABC correction (2) from April.

The upward reversal from this support area stopped the previous short-term impulse wave 1.

Trump Coin can be expected to rise to the next resistance level 16.000 (which reversed the previous correction (2) at the end of April).

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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Tags: trump

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