$TRUMP Surges Over 20% on Upbit Listing: Is a New Rally Coming?

The Official Trump coin ($TRUMP), has just had a massive boost in value. It jumped over 20% after being listed on Upbit, which is a big deal because Upbit is South Korea’s top crypto exchange.

When TRUMP first hit the market, it shot up like a rocket, reaching a peak price of over $70 and a market cap of around $14.5 billion. But then, like a rollercoaster, it took a nosedive, and its market cap dropped below $3.5 billion. Now, with its new listing on Upbit, it’s got three new trading pairs: TRUMP/KRW, TRUMP/BTC, and TRUMP/USDT. This has definitely got people talking and excited again.

So, what’s next? Well, analysts are saying that this could be the beginning of a new upward trend. They think TRUMP might hit the $35–$40 range pretty soon. If you look at the charts, you’ll see a pattern called a “descending wedge,” which usually means the coin is about to bounce back up. Plus, the RSI, which is a fancy way of measuring how much a coin has been bought or sold, is showing signs that TRUMP might be ready to make a comeback.

For TRUMP to take off, it needs to break through the $19.65 mark. If it can hold steady above that, things could get really interesting. But if it slips below $15.28, it might face some more challenges. Investors are keeping a close eye on these key price points, like $16.26 and $19.65, to see where TRUMP is headed.