TRUMP token shot up more than 3% in the past 24 hours, reaching $8.60, its highest level since late October.
The token’s market capitalization surged to $1.7 billion, overtaking Pump.fun (PUMP) to become the fifth-largest meme coin.
However, despite this impressive rebound, TRUMP remains far below its all-time high valuation of $14.5 billion earlier in 2025, when it briefly surpassed Shiba Inu (SHIB).
TRUMP Price Analysis: $6 Support and $28 Long-Term Target
The daily chart shows TRUMP breaking out of a long-term descending channel, indicating a potential trend reversal.
The token currently trades near $8.42, with immediate support around the $6.00 zone, a critical level that previously served as accumulation support.
If the price fails to hold above this range, a correction toward $5.30 could be seen, representing a 36% decline from current levels.
However, a breakout from the falling wedge pattern could set the stage for a strong rally.
The next resistance sits near $12.50, while a long-term target remains around $28 – a 230% potential upside from today’s prices.
Source: TradingView
The RSI sits at 59, signaling that buyers still have the upper hand, while the MACD stays in bullish territory with no signs of weakness.
Together, these indicators suggest momentum is still on the side of the bulls and a continuation of the current trend may be on the cards.
Can TRUMP Lead the Next Meme Coin Rally?
The President’s policies, including higher tariffs and domestic dividend distributions, could benefit the TRUMP meme coin, which is officially tied to the Trump family .
As Bitcoin dominance consolidates and liquidity spreads across altcoins, meme tokens with strong narratives could outperform. TRUMP is one of those meme cryptocurrencies.
TRUMP Sparks Meme Coin Mania – $MAXI Emerges as the Next Big Contender
With TRUMP gaining ground, Maxi Doge ($MAXI) , a meme-based cryptocurrency that brings together the adrenaline of trading and the discipline of gym culture, is gaining massive traction across social platforms.
$MAXI seeks to empower smaller traders, giving them a sense of unity and confidence in a market often dominated by whales and other high-net investors.
$MAXI is an ERC-20 token on Ethereum with a fixed supply that promotes scarcity and long-term value growth.
Holders can stake $MAXI to earn passive rewards while unlocking access to exclusive trading tournaments and events.
More than just a meme coin, $MAXI is building a tight-knit trading community where holders actively share strategies and insights to amplify gains together.
With staking rewards at 77% annually, $MAXI prices are set to rise in just 1 day, 16 hours.
