Trump Coin Surges 12% in 24 Hours, Makes a Bullish Crossover: A Rally to $18?

Key highlights

• Trump coin surges 12.72% over the past day

• Memecoin makes a bullish crossover reflecting massive demand

The Official TRUMP [TRUMP] has made a significant jump on its price charts. On daily charts, the memecoin is up 12.72% to trade at $14.50. Backed by surging trading volume and increased interest in derivatives markets, this move appears to be supported by strong bullish sentiment.

TRUMP’s 24-hour trading volume has risen by 141.62%, reaching $1.55 billion representing over 53% of its market cap. This surge in volume has helped push the market capitalization up to $2.89 billion, reflecting growing investor interest and activity.

Analysis of Trump derivatives shows a significant rise in trading activity, with volume up 135.78% to $2.71B and open interest increasing by 33.52% to $754.30M. The Binance TRUMP/USDT long/short ratio indicates a strong trader inclination towards long positions.

Additionally, the derivatives market shows a strong tilt toward long positions. Open interest has risen by 33.52% to $754.3 million, indicating growing capital inflows into TRUMP futures and perpetual contracts.

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The Binance TRUMP/USDT pair shows a long/short ratio of 2.7092, and on OKX, the ratio is similarly high at 2.19. Top trader data further supports this with Binance’s top traders favoring longs with a ratio of 2.9324 on accounts. This positioning implies high confidence among traders that the rally could continue.

Is Trump Ready for Breakout?

Chart analysis of the Trump Coin shows recent upward momentum, with the price reaching $14.57. Key indicators include moving averages and RSI, suggesting potential market trends.

On the daily chart, TRUMP is showing signs of a breakout above the psychological resistance zone near $14. The price is trading above the 20-day and 50-day EMAs $13.02 and $12.45, respectively, and has now pierced through the 100-day EMA at $14, suggesting a trend reversal may be underway.

Additionally, the RSI currently sits at 60.39 after making a bullish crossover over the past day. This reflects strong buying pressure as buyers start to take over the market.

With volume, technicals, and derivatives data all pointing toward strong bullish sentiment, TRUMP appears poised for a potential retest of previous levels near the $16–$18 range. If price holds above $14 with continued bullish momentum, it could pave the way for an extended rally hitting $18. A failure to maintain this level, however, may lead to a short-term correction with Trump dropping to $12.

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