Trump: America will become crypto capital through World Liberty Financial
Trump's Crypto Initiative: Former President Donald Trump announced his project, World Liberty Financial, aiming to establish America as the "crypto capital" by offering decentralized finance services and inviting eligible individuals to join a whitelist for investment opportunities.
Concerns and Skepticism: Despite initial excitement, experts express skepticism regarding the project due to high insider ownership of tokens and potential regulatory scrutiny from the SEC, especially considering the project's leader's previous involvement in a failed crypto venture.
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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 | 1.55 | 2.285 | 3.05 | 3.785 | 4.55 | 5.285 | 6.05 |
| Fibonacci | 2.285 | 2.858 | 3.212 | 3.785 | 4.358 | 4.712 | 5.285 |
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