Bank of America to Recommend Bitcoin Portfolio Allocations Starting January 5
- Ethereum Update: Ethereum plans to further reduce gas fees on Layer-2 networks by increasing blob capacity starting January 7, which will help lower costs within the L2 ecosystem, enhancing user experience and promoting increased transaction activity.
- Institutional Adoption Dynamics: Bank of America's asset management advisors are expected to begin recommending Bitcoin portfolio allocations to clients on January 5, marking a significant recognition of Bitcoin by institutional investors, which could drive market demand and price increases.
- Market Movements: Huma Finance hinted at a major announcement on January 5, while approximately $30 million worth of HYPE tokens will be unlocked on January 6, potentially triggering heightened market attention and trading volatility.
- Ecosystem Changes: zkSync Era will be discontinued on January 7, and Gnosis will share its Gnosis 3.0 vision and 2026 roadmap on the same day, which may impact the market performance and investor confidence in related projects.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.551 | 2.286 | 3.051 | 3.786 | 4.551 | 5.286 | 6.051 |
| Fibonacci | 2.286 | 2.859 | 3.213 | 3.786 | 4.359 | 4.713 | 5.286 |
About TRUMP
About the author
